WeWork's staggering loss eclipsed its sales as the company embarked on a spending spree in anticipation of the initial public offering,which then imploded.
The more than 600-page prospectus published did not include details of how much of the company would be floated in total or of any commitments from cornerstone investors.
Saudi Arabia is turning to local billionaires,some of whom had family members detained in a 2017 corruption crackdown,as it seeks to shore up demand for the record-breaking share sale.
The company will spend the next year verifying every single one of its properties around the world.
Move over Apple and Microsoft,there will soon be a new world's most valuable company. But exactly what it is worth is up for debate.
Saudi Arabia's giant state oil company has officially launched what could be the world's biggest-ever listing,but is being tight-lipped with details.
Saudi Aramco officials and advisers are holding last-minute meetings with investors in an attempt to achieve as close to a $US2 trillion valuation,say insiders.
ByteDance - whose TikTok is the venue of choice for half a billion lip-syncing,dancing music video aficionados - is unlikely to rush into an IPO in the middle of a bitter trade war and rising scrutiny from Washington.
When Mohammed bin Salman announced in 2016 that he would list one of Saudi Arabia's crown jewels on the stock market,he set some audacious goals.
The fact of the matter is that we haven’t seen a good sharemarket float for a while,fund managers say.
A lack of excessive risk-taking by investors is one reason why Citi believes the bull market in global shares has further to run yet.