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Taiwanese semiconductor component distributor, WT Microelectronics has entered into a definitive agreement to acquire 100% of the shares of Future Electronics for an enterprise value of USD 3.8 billion.
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Used car trading platform CARSOME was valued at US$1.7 billion in its fundraising round early last year, but the firm made mistakes on the way to success according to Co-founder and CEO Eric Cheng. He spoke to CNA’s Roland Lim on the sidelines of the Forbes Global CEO Conference in Singapore, where he said the firm
Southeast Asia's largest car e-commerce platform Carsome is open to new funding from potential strategic investors, its co-founder and group CEO told Reuters. Speaking on the sidelines... -Yesterday at 10:43 pm- MarketScreener
Carsome is also ready for an initial public offering (IPO) but is in no rush to list, said Eric Cheng.