Tag: ipo

South-east Asian used-car marketplace Carsome Group said it has raised US$170 million (S$228.6 million) in a funding round from investors including Taiwanese chipmaker MediaTek, cementing its position ... ( read original story ...)

Singapore recorded more than 100 cases of Covid-19 for the eighth straight day on Tuesday. Mauritius is easing isolation rules for visitors after it vaccinated more than 60% of its population sooner ... ( read original story ...)

Kakao Pay Corp., South Korea’s largest online payment service, lowered its targeted initial public offering to $1.3 billion at the behest of Korean regulators concerned about soaring tech valuations. ( read original story ...)

Marcus Lim, Founder and CEO of ZipMex explains how the company is differentiating itself apart by "being regulated in multiple jurisdictions", and discusses its long-term business strategy. ( read original story ...)

Singaporean entertainment mini-conglomerate mm2 Asia has finalized terms for the sale of Cathay Cineplexes, the country’s third largest cinema chain. The cinema exhibition sector has been badly hurt ... ( read original story ...)

Indian ride-sharing firm Ola is planning to raise up to $1 billion through an initial public offering, a source familiar with the situation told CNBC. ( read original story ...)

The 15 finalists that are chosen will help Singapore build and release a retail central bank digital currency (CBDC). ( read original story ...)

Bank lending in Singapore posted the fastest monthly growth on record in July, lifted by unusually strong demand across several business segments and unsecured personal loans.. Read more at ... ( read original story ...)

The Schneuwly's predicament shines a light on the difficult position Singapore's government finds itself in. Its economy has traditionally relied on the many foreigners who live and work in the ... ( read original story ...)

China's factory activity expanded at a slower pace in August, as coronavirus-related restrictions and high raw material prices pressure businesses in the world's second-largest economy. The official ... ( read original story ...)

Monetary Authority of Singapore (MAS), the nation's central bank, chooses 15 finalists for Global CBDC Challenge. ( read original story ...)

Grab is flying under the radar ahead of its SPAC merger, but the super-app company offers immense upside potential. ( read original story ...)

The9 Ltd. (NCTY) stock prices continued their upward climb following news of the company's initial launch of NFTStar platform. ( read original story ...)

Ola could seek a valuation of more than $8 billion in the IPO and could file its draft red herring prospectus by October, Bloomberg reported. Details of Ola IPO—including size and timeline—could still ... ( read original story ...)

STI’s sideways trend since April should continue in the weeks or months ahead, amid the normalising earnings recovery trend. ( read original story ...)

J&T Express, an Indonesian courier company, is considering shifting its planned U.S. initial public offering to Hong Kong in a debut that could raise about US$1 billion, according to people familiar ... ( read original story ...)