News
VinFast files for its long-awaited IPO in the US
VinFast has applied for an IPO in the US on the Nasdaq Global Select Market ahead of its planned launch of electric SUVs in the US later this month. Read more…
IPO
News
Blibli owner Global Digital pulls off its $500m IPO
PT Global Digital Niaga – owner of e-commerce group Blibli – beats the tech stock selloff to become the largest IPO in Jakarta since GoTo’s IPO in April. Read more…
News
Blibli aims to be Indonesia’s next unicorn with $530m IPO
Blibli owner PT Global Digital Niaga plans to raise up to $530 million in what would be Indonesia’s second-largest IPO this year. Read more…
Views
US delistings of Chinese tech firms now very unlikely
The impasse over audit inspections of US-listed Chinese companies seems to have been resolved, indicating China had more to lose from delistings than the US. Read more…
Views
Where should Softbank re-list Arm? Preferably nowhere (for now)
The big question isn’t where to relist Arm, but how SoftBank is going to achieve $50 billion anywhere under current market conditions. Read more…
News
Ant Group IPO may be back on the table, sources say
China’s central leadership has given a tentative green light to Ant Group to revive its IPO in Shanghai and Hong Kong: sources. Read more…
News
Blibli could merge with Tiket.com as it finalizes its $500 million IPO
Indonesian e-commerce company Blibli is reportedly raising $500m in an IPO, and could merge with sister firm Tiket as part of the offering. Read more…
News
VinFast is considering delaying its IPO until 2023
EV startup VinFast is considering delaying its IPO until 2023 due to market headwinds, according to recent reports. Read more…
News
GoTo IPO scores $1.1 billion, raises hopes for Indonesian tech
GoTo soars up to 23% in its market debut after its IPO raises $1.1 b, fuelling expectations of more unicorns from Indonesia’s tech sector. Read more…
News
Vietnamese carmaker VinFast eyes $2bn IPO in the US
VinFast, a carmaker based in Vietnam, has confidentially filed to launch an IPO in the United States, with a goal raise of US$2 billion. Read more…
News
Indonesia’s GoTo looks to raise at least $1 billion for IPO
GoTo Group, Indonesia’s biggest tech firm, has received sufficient investor orders for its IPO that could raise at least $1.1 billion. Read more…
News
GoTo is pressing ahead with $1.25 billion IPO despite market tensions
GoTo Group plans to raise up to $1.25 billion through an IPO on the Indonesia Stock Exchange rather than jump on the SPAC bandwagon. Read more…
Views
An IPO isn’t Softbank’s only option to salvage its failed Arm deal
An IPO for Arm is not the only option available to SoftBank – and given where Arm currently is, one option is to keep it. Read more…
News
GoTo and Blibli IPOs in trouble as Bukalapak IPO flops
Bukalapak has lost a whopping 66% of its value since its IPO, which could signal trouble ahead for planned IPOs in 2022 from GoTo and Blibli. Read more…
News
China to require cybersecurity reviews for tech firms listing overseas
China said it will put in force new rules to increase its oversight of plans by Chinese platform firms to list on overseas stock markets. Read more…
Views
The silver lining in China clampdown on foreign IPO listings
The clampdown on foreign IPOs would add legitimacy to what has been a very grey and increasingly dangerous aspect of Chinese investing. Read more…
News
DJI and seven more Chinese firms to make US investment blacklist
The US will add eight Chinese companies, including drone manufacturer DJI, to an investment blacklist this week: FT report Read more…
News
Thailand leads Southeast Asia IPO boom with $4.2b in 2021 so far
Thailand was the biggest generator of IPO activity in SEA for the first 10.5 months of 2021 as more digital and tech companies go public. Read more…
News
Paytm’s dismal India IPO puts damper on future digital payment offerings
Paytm’s dismal stock market debut is likely to put a damper on future offerings after the IPO of the digital payments firm floundered. Read more…
News
Indonesian unicorn GoTo clinches $1.3b in first pre-IPO funding
Indonesian super app GoTo has raised over $1.3 billion in pre-IPO financing. Analysts say that makes it the country’s biggest tech firm. Read more…