💴 Uber's biggest shareholder backs Bitmain
Crypto mining hardware manufacturer Bitmain has reportedly secured China's biggest tech company Tencent and Japan's Softbank, Uber's biggest shareholder, as investors in a pre-IPO financing round. According to Chinese site QQ, Bitmain completed the pre-IPO raise on Saturday, Aug. 4th, 2018 and has begun the process for its listing in Hong Kong, hiring China International Capital Corp (CICC) as its lead underwriter for its anticipated September IPO.
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