Ride hailing app Grab makes $40bn market debut
Shares start trading in ride-hailing firm Grab which has used a shell company for its flotation.
Source: bbc.co.uk
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Number of start-ups going public in South-east Asia predicted to triple by end of decade
Number of start-ups going public in South-east Asia predicted to triple by end of decade Number of start-ups going public in... SINGAPORE - More start-ups in South-east Asia are expected to go public, with the annual number of initial public offerings (IPOs) in the region expected to cross 300 by 2030. This would be almost three times the number of regional firms that went public in 2020. Some of the firms likely to list are online marketplace Carousell, real estate platform PropertyGuru and travel booking site Traveloka, according to a report released on Thursday (July 15). The report by ven...
Source: nationthailand.com
Singapore takes a lion share of Southeast Asian M&As
Singapore takes a lion share of Southeast Asian M&As Staff Reporter © Provided by Singapore Business Review Investor appetite to acquire Singapore companies may have waned at the beginning of 2020, but it is now making a rapid recovery. According to a report by Golden Gate Ventures, 42.6% of merger and acquisition (M&A) deals in Southeast Asia in 2020 were from Singapore. Deals from Indonesia followed closely at 39.2%. The remaining 18.2% of deals were spread across the rest of the region. “Singapore continues to record the highest number of M&A deals in the region in 2020...
Source: msn.com
Startup exits in SE Asia slowed down in COVID-hit 2020, but next few years look promising
There were 107 exits in the region last year — a slowdown from 2019 (115), and 2018 (124).
Source: dealstreetasia.com
SE Asian M&A, which took a hit in COVID-marred 2020, looks poised for a rebound this year
SE Asian M&A, which took a hit in COVID-marred 2020, looks poised for a rebound this year April 30, 2021 Historically, global M&A activities have been hit by major financial crises. The dot-com bubble (2001), the global financial crisis (GFC, 2008), and the economic slowdown caused by trade hits (2015) resulted in 24-48% lower overall M&A deal values in the year following the crises. In volume terms, M&A deals have swayed in both directions. It fell 22% year-on-year following the dotcom bubble but, by and large, remained flat post-GFC and the 2015 trade hit, show data compiled in DealStreetAs...
Source: dealstreetasia.com