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24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )
16/04/2024 Google Chat working on adding group audio and video call function within Gmail Spaces ( General )
15/04/2024 Tim Cook arrives in Vietnam ( Electronics )
15/04/2024 Vietravel Airlines reports first profits in 3 years ( General )

Retail Asia24/08/2023

Vietnamese internet company VNG Corp has filed for an initial public offering (IPO) in the United States via VNG Ltd, a U.S. Securities and Exchange Commission filing showed. The listing will make VNG the first technology firm from Vietnam to list in the U.S. VNG said in the filing that it planned to offer some […]

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Retail Asia07/12/2022

Vietnam’s electric-vehicle maker VinFast said on Tuesday it has filed for an initial public offering (IPO) in the United States to list on the Nasdaq under ticker symbol “VFS” to fund its expansion with a planned plant in North Carolina. VinFast, which began operations in 2019, is gearing up to expand in the U.S. market, […]

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Retail Asia25/11/2022

The second half of next year could see an increase in M&A and leveraged finance deals as market makers move closer together in their earnings expectations, and pent-up deals come to fruition. Macro-economic uncertainty, triggered by the Ukraine war, inflation, and supply chain disruptions, have left many European and US deals up in the air, […]

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Retail Asia23/08/2022

Kurly Corp., the operator of South Korean e-grocery platform Market Kurly, received preliminary approval for its push for an initial public offering (IPO) Monday. The approval by the Korea Exchange (KRX) came about five months after Kurly filed for a preliminary review of its IPO plan in late March. Kurly earlier sought to complete its […]

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Retail Asia26/07/2022

Grocery delivery app Instacart said on Friday founder Apoorva Mehta would step down from his role as chairman and leave the company once it goes public. Chief Executive Fidji Simo, the former head of Meta Inc’s Facebook app, will succeed Mehta. She joined Instacart as CEO in August 2021 after Mehta transitioned to executive chairman. […]

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Retail Asia27/04/2022

Thai food giant Charoen Pokphand Foods has green-lighted its Vietnam subsidiary’s plans to list its shares on the Ho Chi Minh Stock Exchange. CPF has made a filing with the Stock Exchange of Thailand, but details are unavailable about plans for an IPO and others. C.P. Vietnam gets around 70 percent of its revenues from […]

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Retail Asia08/11/2021

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E-commerce company Tiki raised $258 million in its latest funding round as it eyes a U.S. IPO. The Series E funding round was led by AIA Insurance, and included UBS AG London Branch, Mirae Asset-Naver Asia Growth Fund, and Taiwan Mobile Co. Tiki had planned to list in the U.S. by 2025, but it now […]

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Retail Asia22/10/2021

Online takeaway delivery firm Foodpanda is partnering with Indian virtual kitchen company Rebel Foods to roll out the latter’s virtual restaurant brands at 2,000 outlets across ten Asian countries, Foodpanda’s chief operating officer said. “Foodpanda is Asia’s largest’s food delivery company while Rebel Foods is the largest virtual brands operator in the world,” COO Pedram Assadi said. […]

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Retail Asia04/08/2021

Indian e-commerce beauty company Nykaa plans to raise US$500 million through its initial public offering (IPO), a source with direct knowledge of the matter told Reuters, becoming the latest homegrown startup to pursue a listing on the domestic bourses. Private equity firm TPG-backed Nykaa, based in Mumbai, sells cosmetics, grooming products, and clothes. Nykaa said […]

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Retail Asia21/07/2021

Indian food delivery startup Zomato Ltd ` will raise US$1.26 billion by pricing its shares at 76 rupees each in its initial public offering, according to two sources with direct knowledge of the matter. The sources could not be named as the information has not yet been made public. Zomato did not immediately respond to […]

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Retail Asia09/07/2021

Indonesia’s Bukalapak launched an up to $1.13 billion IPO ahead of next month’s listing, marking the country’s biggest issue in over a decade amid rising investor appetite for tech stocks in a region boasting a growing consumer class, according to a term sheet seen by Reuters. The e-commerce company, which counts Singapore sovereign investor GIC […]

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Retail Asia05/07/2021

Alibaba co-founders Jack Ma and Joseph Tsai are reportedly pledging their shares in the Chinese e-commerce giant in exchange for significant loans from global banks. The two tech billionaires have pledged their shares to banks including UBS, Credit Suisse, and Goldman Sachs, according to a «Financial Times» report citing company documents. The shares pledged were […]

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Retail Asia02/07/2021

A staffing error reportedly bypassed internal controls at Deutsche Bank which led to the expiration of its Hong Kong license to sponsor initial public offerings, marking a setback to the relaunch of its Asia equities business. Deutsche Bank failed to replace to regulated staff on time which will cause its IPO sponsor license to lapse […]

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Retail Asia01/07/2021

Online marketplace YesAsia is set to raise US$17 million in an IPO launch in Hong Kong. The company aims to offer 39,540,00 new shares, 90 percent of which will be available for placing with institutional and professional investors while 10 percent will be available for subscription by the public in Hong Kong. Founded in 1988, […]

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Retail Asia01/07/2021

Chinese grocery app Dingdong, backed by SoftBank Vision Fund 2, raised about $95.69 million in its US initial public offering (IPO) on Tuesday after slashing the size of the IPO to almost a fourth of its earlier target. Dingdong sold more than 4 million American depositary shares (ADSs) priced at $23.5 apiece, the lower end […]

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Retail Asia17/06/2021

Indonesian e-commerce firm Bukalapak is keen to raise as much as US$800 million in an initial public offering (IPO) in August, two people with knowledge of the matter said, the first of two big tech listings in Jakarta this year that will add long-sought luster to the local bourse. A mid-year debut could see it […]

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Retail Asia06/05/2021

Thai AirAsia’s parent company has disclosed a corporate and capital restructuring plan for the airline, which involves listing it on the Stock Exchange of Thailand (SET) to accept a Bt3.15 billion ($100 million) loan from a new investor. Asia Aviation’s board approved the plan on 26 April, it says in a 27 April SET filing. […]

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Retail Asia06/04/2021

Deliveroo will price its initial public offering at 390 pence per share, banks working on the deal said on Tuesday, at the bottom end of previously indicated valuations for the food delivery group. Food delivery company Deliveroo will price its initial public offering at 390 pence per share, banks working on the deal said on […]

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Retail Asia31/03/2021

The Offer Price has been set at £3.90 per Share, equating to a market capitalisation at Admission of £7.59 billion (excluding any over-allotment shares). Commencement of conditional dealings on the London Stock Exchange is expected to take place at 8 a.m. (UKT) on 31 March 2021 under the ticker “ROO” (ISIN: GB00BNC5T391). Deliveroo intends to […]

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Retail Asia22/03/2021

Deliveroo is providing an update on trading for the 2 month period January and February 2021 versus the comparable period in 2020. GTV – the total amount of transactions it processes on its platform – has grown +121% year on year at the group level in January and February 2021. GTV in the UK and […]

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