Page 30 - Rocket Internet News Today

Indonesia’s Traveloka CEO plans US listing via SPAC this year Premium Traveloka, Southeast Asia’s biggest online travel startup, is planning to list in the U.S. this year to raise funds using a special purpose acquistion company, known as SPAC, according to Chief Executive Offer Ferry Unardi. Continue reading this story with a subscription to DealStreetAsia. Contact us for corporate subscriptions at subs@dealstreetasia.com. Sign up for our newsletter - Th...

Indonesia’s Traveloka Plans U.S. Listing Via SPAC in 2021 Bloomberg 2/16/2021 Fathiya Dahrul, Haslinda Amin and Rishaad Salamat © Photographer: Agung Parameswara/Getty Images AsiaPac BALI, INDONESIA - JANUARY 28 : A worker walks in the middle of coloured beanbags and Balinese umbrellas at a cafe on January 28, 2021 in Double Six beach, Bali, Indonesia. In Bali, famed among tourists for its beaches and sunsets, the northwest monsoon brings a different kind of arrival - vas...

MINING <strong>Glencore losses deepen</strong> Anglo-Swiss mining giant Glencore PLC yesterday said that it plunged deeper into the red last year, hit by the “extraordinary” challenge of COVID-19 and massive write-offs, especially on a mine closure in Zambia. The company said that it had a net loss of US$1.9 billion last year after writing off assets worth US$5.9 billion, compared with a net loss of US$404 million in 2019 following write-downs costing US$2.4 billion. The COVID-19...

2 Min Read BERLIN (Reuters) - Dominik Richter, the founder and chief executive of German meal kit delivery firm HelloFresh, is planning to list a special purpose acquisition company (SPAC) in New York to tap into investor interest in new offerings, three people close to the matter said. The blank-cheque firm, which he is setting up with investor Roman Kirsch, is planning to sell shares worth $200-$500 million, the sources said, adding that an official filing could take place in the coming days ...

Share this article MEXICO CITY, Feb. 16, 2021 /PRNewswire/ -- VALOREO’s founding team (from left to right): Miguel Oehling, Martin Florea, Alexander Grüll, Stefan Florea and Cedrik Hoffmann (PRNewsfoto/VALOREO) VALOREO (www.valoreo.com) is building Latin Americas next-gen consumer holding with a focus on acquiring, operating, and scaling e-commerce businesses across the region. Headquartered in Mexico, VALOREO consolidates companies with outstanding brands that sell category-leading products...

Fathiya Dahrul, Haslinda Amin and Rishaad Salamat, Bloomberg News BALI, INDONESIA - JANUARY 28 : A worker walks in the middle of coloured beanbags and Balinese umbrellas at a cafe on January 28, 2021 in Double Six beach, Bali, Indonesia. In Bali, famed among tourists for its beaches and sunsets, the northwest monsoon brings a different kind of arrival - vast amounts of plastic waste. From December to March, so much trash washes up on the beaches that the local govern...

(Bloomberg) -- The management of German startup incubator Rocket Internet SE are creating a special-purpose acquisition vehicle that will look for a technology deal outside of the U.S.Rocket’s Chief Executive Officer and co-founder Oliver Samwer, board member Soheil Mirpour, and Donald Stalter, who managed North American investments for private equity firm GFC Global Founders Capital GmbH, will run the blank-check company, which will sell shares on the New York Stock Exchange, the group s...

Before GameStop mania sent fears of a market bubble into overdrive, Wall Street's skeptics were watching the SPAC frenzy. And while meme stocks are in retreat, the explosion of special-purpose acquisition companies keeps gathering strength.

German tech investment company Rocket Internet plans to list a special purpose acquisition company (SPAC) in New York to tap into investor interest in new offerings, two people close to the matter said.

Investment bank has appointed experienced corporate adviser John Moore.