Online fast-fashion retailer Shein is aiming to list in London in the first half of the year, according to two sources with direct knowledge of the matter, assuming it gains regulatory approvals for the initial public offering. The IPO could be completed as early as Easter, which is April 20, one of the people said.… Continue reading Shein aims for London IPO by mid-yearThe London listing push comes after the company ended its attempt at a US IPO.
Author: Deal Street Asia Online News
Wealth management platform Endowus raises $17.5m more in latest funding roundThe additional investment brings the total raised in the round to $52.5m.
Endowus, a Singapore-based licensed wealth advisor backed by SBVA (formerly SoftBank Ventures Asia) has announced raising an additional $17.5 million in its latest funding round. The fresh investment, which brings the total raised in this round to $52.5 million, was led by existing investors Prosus Ventures, UBS, and MUFG. OSK Ventures New and Asia Companion… Continue reading Wealth management platform Endowus raises $17.5m more in latest funding roundThe additional investment brings the total raised in the round to $52.5m.
India’s IPO party likely to continue amid a starry lineup in 2025Mukesh Ambani’s Reliance Jio will be leading the charge, among others.
After a stellar show in 2024, India’s IPO market is once again set to defy global headwinds to continue shining bright in 2025 amid expectations of record-breaking volumes driven by mega listings, robust investor appetite, and a maturing pipeline of startups preparing for public debuts. Go to Source
Blue Earth Capital sees secondaries, private credit spurring growth in impact investmentFirm sees potential GP-led transactions in Southeast Asia
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Consortium offering to take over Malaysia Airports secures 84.1% stakeThe consortium is moving towards the 90% threshold to de-list Malaysia Airports.
A consortium comprising Malaysia’s sovereign wealth fund Khazanah and BlackRock’s Global Infrastructure Partners that offered to take over Malaysia Airports Holdings said late on Wednesday it had secured an 84.1% stake of the company. The consortium, which includes Malaysia’s Employees Provident Fund and the Abu Dhabi Investment Authority, said it had reached the level as… Continue reading Consortium offering to take over Malaysia Airports secures 84.1% stakeThe consortium is moving towards the 90% threshold to de-list Malaysia Airports.
CATL’s blacklisting by US tests Elon Musk’s China connectionsCATL is a major supplier of batteries to Tesla.
Washington’s addition of CATL to a list of firms it says work with China’s military could put Tesla founder Elon Musk in a tight spot, challenging how he balances his role in the Trump administration with his ties to China. CATL, the world’s largest battery maker, is a major supplier of lithium iron phosphate (LFP) batteries to… Continue reading CATL’s blacklisting by US tests Elon Musk’s China connectionsCATL is a major supplier of batteries to Tesla.
Indonesian culinary marketplace bukaPO raises funding from Bali Investment Club, elea FoundationbukaPO has thrived by enabling over 4,000 home chefs t…
bukaPO, a tech-enabled culinary marketplace based in Bali, Indonesia, has closed its late seed funding round led by angel investment network Bali Investment Club and Switzerland-based elea Foundation for Ethics in Globalization, according to a statement on Wednesday. While the exact investment figure remains undisclosed, the new capital marks a significant milestone, pushing the company… Continue reading Indonesian culinary marketplace bukaPO raises funding from Bali Investment Club, elea FoundationbukaPO has thrived by enabling over 4,000 home chefs t…
Chinese robotics firm Fourier books nearly $109m in Prosperity7-backed Series E roundIn January 2022, Fourier closed a Series D round at $55m led by S…
Chinese general-purpose robotics firm Fourier has raised a new investment to bring the overall funding in its Series E round to almost 800 million yuan ($109.1 million) with support from investors including Prosperity7 Ventures. Shanghai-headquartered Fourier disclosed the scale of its Series E round, its biggest so far, in a WeChat post on Tuesday, after… Continue reading Chinese robotics firm Fourier books nearly $109m in Prosperity7-backed Series E roundIn January 2022, Fourier closed a Series D round at $55m led by S…
Woori Venture Partners invests in SG wireless charging firm XnergyIt previously secured investments from Hyundai Motor Group and Accuron Technologies.
Korean investment firm Woori Venture Partners has invested an undisclosed amount in Singapore-based wireless charging technology developer Xnergy Autonomous Power Technologies (Xnergy), according to an announcement. Founded in 2018, Xnergy is a provider of high-power wireless charging solutions for all autonomous electrified mobility. It previously secured investments from Hyundai Motor Group and Accuron Technologies (a… Continue reading Woori Venture Partners invests in SG wireless charging firm XnergyIt previously secured investments from Hyundai Motor Group and Accuron Technologies.
Indonesia’s IPO market expected to rebound in 2025 despite challengesAt least three IPOs are in the pipeline for the first quarter of this year.
FILE PHOTO: A worker wearing a protective mask cleans the floor near an electronic board displaying the stock market index at the Indonesia Stock Exchange (IDX), as the outbreak of the coronavirus disease (COVID-19) continues, in Jakarta, Indonesia, September 8, 2020. REUTERS/Willy Kurniawan Go to Source