Blackstone (BX) backed Liftoff Mobile postpones IPO on software rout, according to Bloomberg

Newsquawk Staff · 5 Feb 2026, 21:46 UTC

Blackstone (BX) backed Liftoff Mobile postpones IPO on software rout, according to Bloomberg.

What it means

The postponement of Liftoff Mobile's IPO, backed by Blackstone, underscores the impact of recent market volatility, particularly in the software sector. This delay may signal a cautious sentiment among investors and could lead to heightened scrutiny on tech valuations, potentially affecting Blackstone's investment strategy and future IPO activities in the sector.

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US Market Open, 6 Nov, 10:48 UTC · what it led with

APAC stocks were pressured; KOSPI slumped 6% following hefty losses in Samsung and SK Hynix.
USD is firmer against all G10 peers awaiting the US NFP report.

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