25 stories in this topic
DayOne Data Centers, the Singapore-based data center operator, has announced its plans to file for a U.S. initial public offering (IPO). The move comes as the firm aims to raise approximately $5 billion, given the increasing demand for AI infrastructure.…
Fast-fashion online retailer Shein is preparing to debut its Initial Public Offering (IPO) in Hong Kong as early as next Wednesday, according to individuals privy to the matter. The Singapore-based enterprise has engaged in marketing its share offering to…
SmarTone Mobile Communications Limited has announced its plans to permanently halt its 3G mobile services come October 9, 2026. The move is part of the company’s proactive transition to more sophisticated mobile technologies. Shifting to Advanced Technologies…
Japanese retail giant Seven & I, proprietor of the international 7-Eleven chain, saw its share price increase by 3% on the Tokyo stock market this past Friday. This rise comes amidst discussions of the corporation’s potential acquisition of a share in Zabka…
Beijing Liyuan is said to be planning a sale of its 35% stake in its longstanding cosmetics joint venture with Japanese beauty firm Shiseido. This decision would conclude a partnership that has spanned more than thirty years. According to information…
The Asia-Pacific region is becoming a major focus for Allianz Global Investors (Allianz GI) as global growth trends shift eastward. The firm’s CEO, Tobias C. Pross, asserts that Asia remains one of the few regions where structural growth opportunities are…
JD, the Chinese e-commerce titan, is reportedly considering a significant expansion within the UK market, with a potential £2 billion ($2.69 billion) acquisition bid for the British online retail platform, The Very Group. JD’s Expansive Strategy in the UK…
Yum China has announced plans to expedite the expansion of its light-meal brand, Kpro, following its current establishment of over 300 locations across the country. The company’s stated ambitions to double its stores by year’s end, from around 200 last year…
Panpuri, a prominent fragrance brand from Thailand, has recently announced an aggressive expansion plan that aims to establish 16 new retail outlets across Asia within the year. This initiative marks a significant step in the company’s comprehensive growth…
Pickup Coffee, a budget coffee chain based in the Philippines, is reportedly seeking additional funding. This endeavor includes issuing up to $8 million in convertible notes to Venturi Partners and new investor Antler. The Equity Fundraising It is believed…
KK Super Mart, a prominent convenience-store chain in Malaysia, is purportedly preparing for an initial public offering (IPO) that could potentially reach a staggering US$750 million in the latter half of this year. Company Ownership and Valuation The…
Hapas, a fashion accessories retailer based in Vietnam, is reportedly setting its sights on raising a minimum of $15 million in a forthcoming funding round. The objective of this fundraising effort is to bolster its omnichannel footprint and facilitate…
Anta Sports Products, a prominent Chinese sportswear manufacturer, is reportedly considering the acquisition of German sportswear brand, Puma. It’s understood that Anta, listed on the Hong Kong stock exchange, is currently working with an adviser to examine…
UBS, a Swiss multinational investment bank and financial services company, has signaled its plans to significantly expand its footprint in the United States’ financial market. This move demonstrates UBS’s dedication to deepening its presence across the…
The popular messaging platform Google Messages is reportedly working on a new feature that may allow users to retrieve deleted messages. Unlike the majority of email services where deleted messages are moved to a trash folder for temporary storage before…
Fintech platform, iCapital, is reportedly planning to expand its presence in the Asia-Pacific region, including in cities such as Hong Kong, Singapore, and Australia. Expansion in Singapore iCapital is currently relocating to a larger office in Singapore,…