ByteDance plans TikTok IPO to win US deal as deadline looms: Sources

By David Shepardson, Stephen Nellis and Echo Wang China’s ByteDance is planning a U.S. initial public offering of TikTok Global, the new company that will operate the popular short video app, should its proposed deal be cleared by the U.S. government, people familiar with the matter said on Thursday. ByteDance …

Read moreByteDance plans TikTok IPO to win US deal as deadline looms: Sources

Walmart’s Flipkart eyes overseas listing as early as 2021: Sources

By Sankalp Phartiyal and Nivedita Bhattacharjee NEW DELHI/BENGALURU: Walmart Inc-controlled Indian e-commerce firm Flipkart is preparing for an initial public offering overseas as early as 2021, which could value the firm up to $50 billion, sources familiar with the company’s plans told Reuters. Bengaluru-based Flipkart, which vies with players such …

Read moreWalmart’s Flipkart eyes overseas listing as early as 2021: Sources

Walmart’s Flipkart eyes overseas listing as early as 2021: Sources

By Sankalp Phartiyal and Nivedita Bhattacharjee NEW DELHI/BENGALURU: Walmart Inc-controlled Indian e-commerce firm Flipkart is preparing for an initial public offering overseas as early as 2021, which could value the firm up to $50 billion, sources familiar with the company’s plans told Reuters. Bengaluru-based Flipkart, which vies with players such …

Read moreWalmart’s Flipkart eyes overseas listing as early as 2021: Sources