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Yu Yang Sen News Today : Breaking News, Live Updates & Top Stories | Vimarsana

BLOOMBERG Asia Edge May 16, 2016

1 when it went on the lunch break. Good things coming out of australia led by the Health Care Stocks and the 10 year bond yield going to a 10 year low. And gains coming through for the u. S. Dollar, that is putting pressure on some of those asian market currencies. I will have more on the market, shortly. Angie thank you. Ubers story this hour, chinese rival could be considering an ipo as soon as next year. Wow. This is coming on the heels of them raising more than 1 billion from apple in bringing the total amount of the fundraising to 3 billion and with a valuation of about 26 billion. Angie what does it mean for over uber . They said that they want to hold off the ipo as long as possible, so that means that didi could raise ahead of them, so they are avoiding raising from the same investors at the same time. And there are other services in the pipeline also want to ipo will potentially lyft. And in terms of fundraising, what the sources said, is the reason they have been so aggressiv

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