Berlin-based language learning service Babbel was supposed to IPO on the Frankfurt stock exchange in late September. But only a few days before the initial listing the company pulled the plug with an eye on the developing Evergrande debt crisis that made the global stock markets very nervous. It has yet to announce a new […]
Trading halt for China developer Kaisa stokes fresh jitters in property sector
Suspension comes amid concerns Kaisa, China’s largest holder of offshore debt after Evergrande, may not meet a $400m repayment deadlineTrading in shares of embattled Chinese developer Kaisa Group Holdings have been suspended on the Hong Kong stock exch…
Evergrande faces fresh debt deadline as property market woes widen
Expectations are slim that the troubled Chinese developer will make $148m worth of payments due on Monday, as it wrestles with more than $300bn in liabilitiesFinancial markets were braced for more bad news about the shaky Chinese property market as str…
Equity Monday: A global selloff to kick off Disrupt week
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You […]