Business
Chipmaker CXMT plans Shanghai listing with 300 billion yuan valuation: sources
[BEIJING/SINGAPORE] Chinese memory chipmaker ChangXin Memory Technologies (CXMT) plans an initial public offering in Shanghai as soon as…
Tag
valuation
Business
Coinbase backs India’s CoinDCX at US$2.45 billion valuation
Global crypto playersare attempting to expand in India despite a punitive tax regime that has curtailed trading volumes Coinbase Global…
Business
HSBC plans to privatise Hang Seng at US$37 billion valuation
The lender plans to refrain from share buybacks in the coming three quarters as it seeks to restore its capital ratio to its operating…
Business
The Download: RIP EV tax credits, and OpenAI’s new valuation
1 OpenAI has become the world’s most valuable startup Move aside, SpaceX. (Bloomberg $) + OpenAI is now valued at an eye-watering $500…
Business
Kraken in strategic investor talks at US$20 billion valuation
The crypto exchange has until this year raised only about US$27 million in primary capital Kraken is in advanced talks to raise new…
Business
Anthropic more than doubles its valuation to $183 billion after raising $13 billion
Artificial-intelligence company Anthropic said on Tuesday it is now valued at $183 billion post-money, over twice as much as its earlier…
Business
Revolut begins secondary share sale at US$75 billion valuation
The deal will cement the company’s status as one of the most valuable fintechs on the planet Revolut has kicked off a process for some…
Business
TikTok owner ByteDance sets valuation at over US$330 billion as revenue grows: sources
ByteDance, the owner of short-video app TikTok, is set to launch a new employee share buyback that will value the Chinese technology giant…
Business
Business valuation body signs MOUs for training support, develops new standards for intangible assets
The Institute of Valuers and Appraisers, Singapore (IVAS) signed memorandums of understanding (MOUs) with two educational institutions to…
Business
Business valuation body signs MOUs with training partners, develops new standards for intangible assets
The Institute of Valuers and Appraisers, Singapore (IVAS) signed memorandums of understanding (MOUs) with two educational institutions to…
Business
Intel’s US$25 billion rally sends valuation to dot-com levels
The company’s premium valuation is largely a reflection of just how much its profitability has collapsed in recent years After months of…
Business
Carro targets US IPO with over US$3 billion valuation: sources
Singapore-based Carro, South-east Asia’s largest used-car online marketplace, is preparing for a US initial public offering as early as…
Business
Microsoft poised for US$4 trillion valuation after solid results
Microsoft is set to soar past US$4 trillion in market valuation for the first time on Thursday (Jul 31), as a blockbuster earnings report…
Business
Kraken seeks US$500 million funding at US$15 billion valuation, The Information reports
TOCURRENCY exchange Kraken is set to raise US$500 million in funding at a US$15 billion valuation, The Information reported on Tuesday,…
Business
GIC-backed South Korean finance app Toss plans 2026 US listing with over US$10 billion valuation: sources
Toss – a popular South Korean app that provides banking and a host of other financial services – aims to list in the US in the second…
Business
Geely to take Zeekr unit private at US$6.83 billion valuation
The carmaker, which already holds 62.8% of Zeekr, has raised its buyout offer from US$2.2 billion in May to about US$2.4 billion — Geely…
Business
eSIM platform Airalo raises US$220 million in new funding round, lifts valuation past US$1 billion
Company says this makes it the industry’s first unicorn; latest financing includes new investor CVC eSIM platform Airalo has raised US$220…
Business
AI chip startup Groq discusses US$6 billion valuation, The Information reports
semiconductor startup Groq has spoken to investors about raising between US$300 million and US$500 million at a US$6 billion…
Business
SpaceX valuation to hit around US$400 billion in share sale
SpaceX is discussing plans to raise money and sell insider shares in a deal that would value Elon Musk’s rocket and satellite maker at…
Business
Great Eastern says Takeover Code not breached when it shared IFA valuation with OCBC
Great Eastern Holdings said that sharing the indicative range of share values determined by its independent financial adviser (IFA) with…
Business
Singapore Paincare up 8.3% on Sias valuation
Shares of Singapore Paincare rose on Thursday (Jun 5), a day after the Securities Investors Association (Singapore), or Sias, valued the…
Business
Phillip Securities initiates coverage on dividend-focused Reit ETF trading at ‘attractive’ valuation
Phillip Securities Research has initiated coverage on the Phillip SGX APAC Dividend Leaders REIT ETF (Pareits) with an “accumulate” call…
Business
Warren Buffett’s favourite valuation indicator flashes buy signal
A key valuation metric touted by legendary investor Warren Buffett is signalling that equities are relatively cheap, bolstering the case…
Business
Toyota chairman proposes record buyout of its supplier at US$42 billion valuation
Toyota Motor chairman Akio Toyoda has proposed a buyout of supplier Toyota Industries, people familiar with the matter said, seeking to…