IPO Volanews

CHINA E-COMMERCE Wetrade Group

Chinese E-Commerce Service Platform WeTrade Eyes $121m In Nasdaq Transfer WeTrade Group, a membership-based platform for e-commerce services in China, is looking at raising up to $121 million as it moves its listing from the US OTC board to the Nasdaq Stock Market.

by caixinglobal

21 hours ago

CHINA SHORT-VIDEO INDUSTRY KUAISHOU

Kuaishou IPO Could be Only Weeks Away The TikTok-like Kuaishou could be preparing to list on the Hong Kong Stock Exchange as early as Feb 5, people close to the deal told Caixin. The expected IPO could raise as much as $5 billion and make it the first major short-video platform to go public.

by caixinglobal

2021-01-20

INDIA GAMING INDUSTRY Nazara

Nazara Technologies Becomes First Indian Gaming Firm To File IPO Nazara Technologies, firm backed by big bull Rakesh Jhunjhunwala, became the first Indian gaming technology company to seek a market debut. Mumbai-based mobile gaming company filed initial public offering documents with the market regulators on Friday.

by LiveMint

2021-01-18

CHINA TECH GIANT BAIDU

Baidu Picks CLSA and Goldman Sachs for Secondary Listing in Hong Kong, Bloomberg Reports Nasdaq-listed Baidu is reportedly moving toward making a secondary listing in Hong Kong, as Washington threatens to delist U.S.-listed Chinese companies that fail to meet certain auditing standards.

by caixinglobal

2021-01-11

CHINA E-Cigarettes RLX

Sequoia-Backed Chinese E-Cigarette Brand RLX Files for $100m US IPO RLX Technology, a Chinese e-cigarette brand backed by Sequoia Capital China, has filed with the US Securities and Exchange Commission (SEC) for an initial public offering (IPO) to raise $100 million - likely a placeholder amount subject to change.

by caixinglobal

2021-01-07

SOUTHEAST ASIA INDONESIA RIDE-HAILING

Gojek In Advanced Discussions With Tokopedia Over $18B Merger, IPO Indonesia’s ride-hailing and payments giant Gojek is in advanced discussions about merging with local e-commerce pioneer PT Tokopedia, ahead of a planned initial public offering of the combined entity, according to people with knowledge of the matter.

by Bloomberg

2021-01-05

INDONESIA TRAVEL Unicorn

Indonesian Unicorn Traveloka Mulls SPAC Merger To Go Public, Following Tokopedia It’s a different version of a direct listing, but with more potential, says MDI Ventures’ Hartanto.

by KrAsia

2020-12-22

INDIA Startups IPO

Indian Engineering Firm MTAR Tech to file for IPO MTAR Technologies, a Hyderabad-based precision engineering company, is planning to file its draft initial public offering (IPO) papers soon.

by LiveMint

2020-12-14

US POLICY Delisting Bill

US Approves Delisting Bill Targeting Chinese Companies Currently, more than 250 Chinese companies are listed on US bourses with the combined market capitalization surpassing USD 2 trillion, the Wall Street Journal wrote, citing S&P Global Market Intelligence.

by KrAsia

2020-12-04

CHINA GIANT Ant Group

Shanghai Exchange Suspends Ant Group’s A-Share IPO on STAR Market China’s top financial regulators summoned Ant Group Co Ltd’s founder Jack Ma and two top executives to a meeting on Monday during which they told that the company’s lucrative online lending business faces tighter government scrutiny.

by DealStreetAsia

2020-11-04

CHINA GIANTS KUAISHOU

Chinese Alibaba And Jack Ma’s YF Capital to Join Kuaishou’s Upcoming Hong Kong IPO Tencent will be a cornerstone investor in the IPO, while YF Capital, the VC established by Jack Ma, and possibly other Alibaba investment vehicles will subscribe new shares.

by KrAsia

2020-11-03

CHINA GIANT Ant Group

Ant Draws USD 2.8 Trillion in Bids from Mom-And-Pop Investors in Shanghai Ant aims to raise at least USD 34.4 billion before exercising the overallotment between the two centers.

by KrAsia

2020-11-02

CHINA GIANT BYTEDANCE

ByteDance Weighs Listing Chinese Short Video App Douyin in Hong Kong The company is exploring possibilities with investment banks about a standalone IPO for Douyin.

by ChinaDaily

2020-10-28

INDONESIA Startups Klikdaily

Indonesian GFC-Backed Klikdaily Plans to Launch IPO in 3 Years Klikdaily claims that its business grew more than 900 per cent in the January 2019-September 2020 period and its service is now available in every province, district and sub-district across Indonesia.

by e27

2020-10-21

CHINA Lufax FINTECH

Chinese Fintech Firm Lufax Files for US Float While peer-to-peer lending used to be the mainstay of its business, Lufax has been actively diversifying its activities recently.

by ChinaDaily

2020-10-10

CHINA Startups Dida Chuxing

Chinese Carpooling Platform Dida Beats Frontrunner Didi Chuxing to IPO Filing Dida runs an app allowing car owners to offer vacant seats to passengers with similar travel itineraries, allowing both to cut travel expenses.

by KrAsia

2020-10-10

CHINA Startups iHuman

Chinese E-Learning Firm iHuman Pursues USD 84 Million US IPO iHuman, which launched its first app in 2016, is one of the leading childhood edutainment firms in China providing learning apps targeting children aged between three and eight.

by KrAsia

2020-10-09

CHINA Startups Siwei Zaowu

Chinese Online Education Platform Siwei Zaowu Files for Chinext IPO, Aiming to Raise RMB 1 Billion The firm also manages the Dedao University, which regularly opens online and offline classes targeting professionals from different sectors, such as tech, entertainment, transportation, education, and municipal affairs, among others.

by KrAsia

2020-09-28

CHINA Startups MINISO

Chinese Tencent-Backed Variety Retailer Miniso Files for US IPO Miniso says it now operates 4,200 stores in more than 80 countries and regions worldwide, of which more than 2,500 are in China.

by KrAsia

2020-09-25

CHINA GIANT JD.COM

E-Commerce Retailer JD.com to Spin Off Health Unit, List in Hong Kong JD.com said the timing of divestiture and unit listing will depend on market conditions, and there is no assurance as to whether the process will be completed.

by DealStreetAsia

2020-09-22