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South Korea s Krafton, maker of hit game PUBG, tumbles on debut

SEOUL/HONG KONG - Shares in Krafton Inc, the Tencent Holdings-backed South Korean company behind blockbuster video game PlayerUnknown's Battlegrounds (PUBG), fell as much as 20 per cent on their trading debut on Tuesday (Aug 10). Analysts attributed the share tumble of South Korea's second-largest IPO to an expensive valuation and China regulation risks, with gaming companies facing uncertain prospects after.

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S Korea s Krafton, maker of hit game PUBG , tumbles on debut - Netscape Money & Business

S Korea s Krafton, maker of hit game PUBG , tumbles on debut - Netscape Money & Business
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.

Soult ukpyolsiSouth koreaSouth koreanScott murdochDouglas kimMio katoEdwina gibbsJoyce leeRichard pullinJihoon leeGaurav dograLg energy solutionLightstream researchKrafton incXinhua agencyTencent holdings backed south korean

South Korea s Krafton, maker of hit game PUBG , tumbles on debut

SEOUL/HONG KONG : Shares in Krafton Inc, the Tencent Holdings-backed South Korean company behind blockbuster video game "PlayerUnknown's Battlegrounds" (PUBG), fell as much as 20per cent on their trading debut on Tuesday.Analysts attributed the share tumble of South Korea's second-largest IPO to an expens

Soult ukpyolsiSouth koreaSouth koreanScott murdochDouglas kimMio katoEdwina gibbsJoyce leeRichard pullinJihoon leeGaurav dograLg energy solutionLightstream researchKrafton incXinhua agencyTencent holdings backed south korean

China s Didi raises $4 4 billion in upsized U S IPO – sources

China’s Didi raises $4.4 billion in upsized U.S. IPO FILE PHOTO: A Didi logo is seen at the headquarters of Didi Chuxing in Beijing, China November 20, 2020. REUTERS/Florence Lo/File Photo June 30, 2021 By Echo Wang, Anirban Sen and Scott Murdoch (Reuters) – Chinese ride hailing company Didi Global Inc raised $4.4 billion in its U.S. IPO, pricing it at the top of its indicated range and increasing the number of shares sold, the company said. Didi sold 316.8 million American Depository Shares (ADS), versus the planned 288 million, at $14 apiece. This would give Didi a valuation of about $73 billion on a fully diluted basis and $67.5 billion on a non-diluted basis.

Liu zhenNew yorkUnited statesWei chengHong kongCity ofUnited kingdomAnirban senScott murdochDouglas kimJean qing liuHimani sarkarGreg roumeliotisYork stock exchange onGoldman sachsUber technologies inc

China s Didi raises US$4 4 billion in upsized US IPO - sources

China s Didi raises US$4 4 billion in upsized US IPO - sources
channelnewsasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelnewsasia.com Daily Mail and Mail on Sunday newspapers.

Liu zhenNew yorkUnited statesWei chengHong kongCity ofUnited kingdomAnirban senScott murdochDouglas kimJean qing liuHimani sarkarGreg roumeliotisYork stock exchange onGoldman sachsUber technologies inc