IPO
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One Championship Parent Company Re-Domiciles To The Cayman Islands As Company Mulls US IPO
Group One is changing its legal domicile from Singapore to the Cayman Islands as it prepares for a potential US Initial Public Offering (IPO). According to an unverified source that wishes to remain anonymous, the…
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Indonesia’s tech firm GoTo seeks to raise $1.26-billion in local IPO
GoTo is Indonesia’s most prominent tech firm formed by ride-hailing giant Gojek and e-commerce firm PT Tokopedia. According to the company’s prospectus, the firm is looking to raise up to 17.992 trillion rupiah ($1.26-billion) through…
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Indonesian coffee chain, Kopi Kenangan, achieves unicorn status with $96m pre-IPO round
Indonesian coffee chain Kopi Kenangan has recently closed a $96.1 million Series C funding round from investors including Tybourne Capital Management, Falcon, and B Capital Group. The round consisted of both primary and secondary transactions.…
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Razer Earns $34m Profit In The First Half Of The Year As Revenue Soars
Razer, the Singapore-based gaming giant, announced that its first-half revenue was at an all-time high. The company’s hardware and fintech offerings continuous growth contributed to the result. According to Razer, the total revenue rose by 68% to…
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Indonesia’s GoTo Group Plans Fundraising Before IPO Launch In 2021
Last week, two of Indonesia’s largest startup companies, Gojek and Tokopedia confirmed that they will be merging to form GoTo Group with a deal of US$18 billion to US$22 billion. The merger is said to be…
