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EY: no 'significant bounce-back' in M&A activity even though private equity is still 'very positive' about China; Japan, India to lead regional rebound

M&A activity in the Asia-Pacific region is expected to bounce back by around 10 per cent in the second half of this year after a lacklustre 2023, with India and Japan likely to emerge as winners, EYโ€™s Yew-Poh Mak tells the Post.
United States Hong Kong City Of United Kingdom South Asian M Amp A
Source: scmp.com

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Ola Electric E-rickshaw: Ola Electric plans e-autorickshaw launch ahead of IPO, ET Auto

Ola Electric E-rickshaw: Ola Electric plans to launch an electric autorickshaw, which will take on the likes of Mahindra Treo, Piaggio Ape e-city and Bajaj RE in the electric three-wheeler segment. The product was under development for a couple of years as part of its wider plans to enter the commercial vehicle business.
Bhavish Aggarwal Mahindra Treo Bajaj Auto Ather Energy Ola Electric Piaggio Ape

Reddit IPO: Reddit ends 2-year wait for IPO, eyes $750mn raise, ET Telecom

Reddit IPO: At the top of that range, Reddit - whose users helped create the meme stock frenzy of 2021 - would have a market value of $5.4 billion, based on an expected nearly 159 million shares outstanding. Fully diluted to include employee stock options and restricted share units, its valuation would be about $6.4 billion, the filing with the US SEC shows.
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