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Chinese online retailer, Shien, is set to raise funding from a new round of investment this month. The fashion brand is expected to raise $2 billion this month and is also aiming for a US listing in the second half of the year
The payment solutions provider may now postpone the IPO launch until the end of the current year or even early 2023 due to unfavourable market conditions and instead focus on international expansion to add on revenue and improve margins
Vietnamese automaker VinFast plans to list on the US stock market within the next couple of years, its chief executive told Reuters, joining a growing list of electric vehicle startups taking advantage of investor excitement to raise money.
Hong Kong-based FWD is preparing to raise up to US$3 billion from a US IPO as early as next month, says source. Deal will value insurer at some US$13 billion.
The deal would make the ride-hailing and food-delivery giant the first Southeast Asian tech unicorn to go public through a SPAC and give it funds to expand.