SEA
Vingroup seeks to list car unit in US in 2H2022 to raise at least $3B – report
Vingroup had set up a Singapore-based holding company owning a stake in Vinfast's operations in Vietnam to fuel the IPO process.
Hong Kong unicorn Prenetics to tap vast opportunities in Southeast Asia amid global expansion
Prenetics, which is expected to go public on the Nasdaq in the first quarter of next year, is also actively looking for local partners in Southeast Asia.
Grab to debut on NASDAQ after investors approve SPAC merger
Altimeter Growth Corp announced that its shareholders approved the business combination with Grab at an extraordinary meeting of shareholders on Tuesday.
Southeast Asia records robust IPO activity in 2021
Companies in Southeast Asia raised a record of $9.8 billion from 121 Initial Public Offerings (IPO) this year, out-performing the full calendar year 2020. The momentum in IPO activity continues to grow even as the region is still battling the Covid-19 pandemic, with the number of IPOs up by 6 percent, total funds raised rose by 39 percent and the total IPO…
Funding Societies launches green loans product, releases regional impact study
Funding Societies launched its green loans product at a time when environmental, social, and governance (ESG) investing and sustainable investing are gaining traction in the investing fraternity.
Grab to list in US by early December – report
Altimeter Growth Corp will hold the EGM on Nov 30 to seek shareholder approval for the merger.
Vietnam’s Society Pass eyes M&A opportunities in Indonesia, Philippines after share price jumps more than 400% on NASDAQ
The firm is keen to pursue acquisitions in categories that augment its loyalty point ecosystem, as well as e-Commerce and online travel.
Philippine tech ecosystem poised to grow further with more investments & gov support – report
Funds raised by startups in the Philippines during the first ten months of 2021 almost exceed the total amount funds raised from 2017 to 2020.
Grab’s 3Q revenue down 9% due to coronavirus curbs, net loss widen to $988M
Mobility and food delivery services were suspended in Vietnam for most of Q3, and six of its core countries in which Grab operates experienced tighter movement controls.
Southeast Asia FinTech fundraising hits record high of $3.5B year to date – report
Following a dip in fundraising seen across ASEAN’s FinTech scene in 2020, funding has rebounded to reach a record high of $3.5 billion year to date, more than triple the amount seen over 2020, said an industry report. This funding was driven by 13 mega-rounds (classified as funding rounds of at least US$100 million), accounting for more than half of total…
