AAA Comment – Page 57

Editorial: Blessing of Chinese unicorns for world’s markets

While the US awaits its next wave of $1bn flotations after ride-hailing platform Lyft’s filing for an initial public offering (IPO) at between $20bn to $30bn in market capitalisation this month, its Chinese counterparts have spent the past 18 months taking to the public markets. About a quarter of the estimated 125 Chinese unicorns –… Continue reading Editorial: Blessing of Chinese unicorns for world’s markets

Lighting the match

When you break a record, there are usually two questions asked of you by journalists – how did you get here, and do you think you can maintain this performance?

Editorial: Tech will save us in energy transition

“We will need to develop new technology and redesign the energy system around the customer. We want to be at the forefront of that global, tech-enabled transition to a zero carbon energy system,“ according to Ovo founder and CEO Stephen Fitzpatrick in an interview with the Financial Times. Mitsubishi Corporation has paid $256m for a 20%… Continue reading Editorial: Tech will save us in energy transition

Editorial: Welcome to the Tencent-sponsored metaverse

In game-industry deal-making, it appears there is Tencent, then there is everyone else. As a sign of both financial muscle and the need to expand beyond core markets given the effective closing of the Chinese market to new games in 2018, Tencent was either a major shareholder in or investor in four of the top… Continue reading Editorial: Welcome to the Tencent-sponsored metaverse