Topic
134 stories in this topic
Thai food giant Charoen Pokphand Foods has green-lighted its Vietnam subsidiary’s plans to list its shares on the Ho Chi Minh Stock Exchange. CPF has made a filing with the Stock Exchange of Thailand, but details are unavailable about plans for an IPO and…
E-commerce company Tiki raised $258 million in its latest funding round as it eyes a U.S. IPO. The Series E funding round was led by AIA Insurance, and included UBS AG London Branch, Mirae Asset-Naver Asia Growth Fund, and Taiwan Mobile Co. Tiki had planned…
Online takeaway delivery firm Foodpanda is partnering with Indian virtual kitchen company Rebel Foods to roll out the latter’s virtual restaurant brands at 2,000 outlets across ten Asian countries, Foodpanda’s chief operating officer said. “Foodpanda is…
Indian e-commerce beauty company Nykaa plans to raise US$500 million through its initial public offering (IPO), a source with direct knowledge of the matter told Reuters, becoming the latest homegrown startup to pursue a listing on the domestic bourses.…
Indian food delivery startup Zomato Ltd ` will raise US$1.26 billion by pricing its shares at 76 rupees each in its initial public offering, according to two sources with direct knowledge of the matter. The sources could not be named as the information has…
Indonesia’s Bukalapak launched an up to $1.13 billion IPO ahead of next month’s listing, marking the country’s biggest issue in over a decade amid rising investor appetite for tech stocks in a region boasting a growing consumer class, according to a term…
Alibaba co-founders Jack Ma and Joseph Tsai are reportedly pledging their shares in the Chinese e-commerce giant in exchange for significant loans from global banks. The two tech billionaires have pledged their shares to banks including UBS, Credit Suisse,…
A staffing error reportedly bypassed internal controls at Deutsche Bank which led to the expiration of its Hong Kong license to sponsor initial public offerings, marking a setback to the relaunch of its Asia equities business. Deutsche Bank failed to replace…
Online marketplace YesAsia is set to raise US$17 million in an IPO launch in Hong Kong. The company aims to offer 39,540,00 new shares, 90 percent of which will be available for placing with institutional and professional investors while 10 percent will be…
Chinese grocery app Dingdong, backed by SoftBank Vision Fund 2, raised about $95.69 million in its US initial public offering (IPO) on Tuesday after slashing the size of the IPO to almost a fourth of its earlier target. Dingdong sold more than 4 million…
Indonesian e-commerce firm Bukalapak is keen to raise as much as US$800 million in an initial public offering (IPO) in August, two people with knowledge of the matter said, the first of two big tech listings in Jakarta this year that will add long-sought…
Thai AirAsia’s parent company has disclosed a corporate and capital restructuring plan for the airline, which involves listing it on the Stock Exchange of Thailand (SET) to accept a Bt3.15 billion ($100 million) loan from a new investor. Asia Aviation’s board…
Deliveroo will price its initial public offering at 390 pence per share, banks working on the deal said on Tuesday, at the bottom end of previously indicated valuations for the food delivery group. Food delivery company Deliveroo will price its initial public…
The Offer Price has been set at £3.90 per Share, equating to a market capitalisation at Admission of £7.59 billion (excluding any over-allotment shares). Commencement of conditional dealings on the London Stock Exchange is expected to take place at 8 a.m.…
Deliveroo is providing an update on trading for the 2 month period January and February 2021 versus the comparable period in 2020. GTV – the total amount of transactions it processes on its platform – has grown +121% year on year at the group level in January…
Coupang LLC, South Korea’s largest e-commerce company, raised $4.2 billion in the biggest share offering in the United States this year after selling stocks in the IPO above its deal target range, people familiar with the matter said. The initial public…
