SoftBank ’s Arm is seeking a valuation of more than $52 billion in its IPO. It begins marketing for the biggest U.S. stock market flotation of the year.
Bytedance, parent company of popular video app TikTok. Reports indicate that Bytedance’s IPO is being shelved following recent regulatory changes in China.
Airbnb faced sky-high expectations since its blockbuster initial public offering in December, posted declining revenue and a whopping $3.9 billion loss.