Business
DoorDash buys Deliveroo for £2.9B — less than half its IPO price
US food delivery giant DoorDash has acquired British rival Deliveroo in a £2.9bn ($3.9bn) deal, ending the UK business’ rocky tenure as a…
Tag
ipo
Business
Wall Street banks said to steer clear of Chery’s US$1.5 billion Hong Kong IPO
One of this year’s biggest listings is coming together in Hong Kong without the involvement of Wall Street banks. Chery Automobile’s…
Business
Dubai Holding kicks off residential Reit IPO in first Dubai listing this year
Dubai Holding, an investment conglomerate owned by the emirate’s ruler, said on Monday (May 5) it plans to list a 12.5 per cent stake in a…
Business
Shein’s London IPO stalled amid US tariff fallout
Shein Group’s initial public offering (IPO) plan has slowed to a crawl as the retailer assesses the impact of US tariffs on its business…
Business
Candy maker YLF cites market souring on US tariffs as reason to withdraw Singapore IPO
Sentiment is ‘badly shaken’ with the current uncertainty, says its chief executive YLF Group Marketing – the maker of Pikin plum candies –…
Business
Chinese tea chain Chagee CEO becomes a billionaire after US$411 million US IPO
A 30-year-old Chinese entrepreneur has become an unlikely billionaire with the listing of his sprawling tea shop chain in the US, even as…
Business
China Southern is said to mull Hong Kong IPO of cargo unit
The deal may be coming at a tricky time for the company, which relies on Chinese exports that are under threat because of the country’s…
Business
Vin’s Holdings closes 16.6% above IPO price in SGX’s first listing of 2025
Automotive group Vin’s Holdings (VH) climbed on its listing debut on Tuesday (Apr 15), in the first initial public offering (IPO) on the…
Business
OCI is said to put brakes on Malaysia IPO plan on market turmoil
The polysilicon industry has struggled with a huge surplus, with far too much capacity built relative to demand, resulting in prices of…
Business
Shein’s IPO Valuation Hinges on Trump’s De Minimis Ban on China
LONDON— Shein’s pursuit of a London IPO got a green light from the U.K.’s financial watchdog Financial Conduct Authority on Friday. First…
Business
Shein Given U.K. Approval for London IPO
LONDON – Shein, one of the world’s largest fast-fashion retailers harnessing the power of Chinese manufacturing, has been granted…
Business
Shein gains UK approval for London IPO, awaits China nod: sources
Online fast-fashion retailer Shein has secured approval from Britain’s Financial Conduct Authority (FCA) for its planned initial public…
Business
Indonesian coffee chain Fore says its IPO oversubscribed by 200 times
The seven-year old company is the first domestic coffee chain to list on the bourse Indonesian coffee chain Fore said on Friday (Apr 11)…
Business
Automotive group Vin’s Holdings aims for greater gains in used car space with IPO
Buoyed by success in the pre-owned car market, Vin’s Holdings (VH) has sought an initial public offering (IPO) to fuel the next stage of…
Business
Chinese tea chain Chagee launches US IPO, defying stock slump
Chagee Holdings, a Chinese bubble tea chain, is seeking to raise US$411 million in an initial public offering (IPO) in the US, despite…
Business
Cuckoo Malaysia delays IPO due to volatile global market
The company says it will allow investors who have submitted their applications to withdraw from the initial public offering Household…
Business
Virgin Australia targeting June IPO despite tariff turmoil: sources
Bain Capital-controlled airline Virgin Australia is pushing ahead with plans for an initial public offering (IPO) in June, despite the…
Business
Thakral clarifies IPO rumours on associate GemLife; says ‘no certainty’ that any transaction will proceed
Thakral Corp clarified rumours that its associate GemLife, a resort-living developer in Australia, is gearing up for an initial public…
Business
Car dealer Vin’s Holdings gears up to raise net proceeds of S$4 million in Catalist IPO
Car dealer Vin’s Holdings is looking to raise net proceeds of S$4 million in an initial public offering (IPO) to drive its expansion…
Business
UltraGreen.ai is said to mull up to S$400 million IPO in Singapore
The company is working with financial advisers to help plan an offering that could take place in Singapore as soon as this year…
Business
Growing Singapore border demand boosts Malaysian bus firm IPO
Malaysian bus operator HI Mobility Bhd. is betting on increased traffic at the Singapore border to drive growth as the company readies to…
Business
Growing Singapore border demand boosts Malaysian bus firm’s IPO
Malaysian bus operator HI Mobility is betting on increased traffic at the Singapore border to drive growth as the company started trading…
Business
Temasek-backed 65 Equity Partners sees global firms as possible source for IPO pipeline
The firm’s Anchor Fund @ 65 mandate complements measures unveiled in MAS equities review group, says management Compared with stock…
Business
StubHub Files for IPO, Ticket Resale Platform’s Sales Climbed 29% to $1.8 Billion in 2024 but Swung to a Loss
StubHub, a secondary ticketing marketplace for live events, filed a registration statement Friday with the SEC for an initial public…