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Tag: General Atlantic

NetEase delays $1 bln Hong Kong listing of music streaming firm – sources

NetEase Inc (9999.HK) has delayed the $1 billion Hong Kong initial public offering of its music streaming service Cloud Village because of volatile trading in China’s major tech companies, two people with direct knowledge of the matter said.

EXCLUSIVE SoftBank leads new funding round in Gympass, valuing startup at $2.2 bln

Gympass, which makes gym memberships more accessible for corporate employees, has raised $220 million in a funding round led by existing investor SoftBank Group Corp (9984.T), more than doubling the startup’s valuation to $2.2 billion.

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