Indian food delivery company Zomato's initial public offering (IPO) is priced at 72 to 76 rupees per share, giving it a valuation of as much as US$7.98 billion, the company said on Thursday, as it cashes in on a pandemic-led surge in online ordering.
BEIJING: China's market regulator said on Thursday it had asked E-commerce platform firms including Alibaba's Taobao and Pinduoduo to immediately remove online shops that sell false quality reports on their platforms. The regulator has also asked local regulators in Shanghai municipality and ...
Thailand's central bank on Thursday warned against using digital assets such as Bitcoin and Ether as payment for goods and services given what it said were risks such as cyber theft and money laundering.
Twitter Inc's India unit has appointed an interim chief compliance officer and will soon designate other executives to meet the country's new IT rules, the social media giant said in court on Thursday, amid tensions with the government.
Noom Inc, the operator of the popular U.S. weight loss app, has hired investment bank Goldman Sachs Group Inc to lead its preparations for an initial public offering (IPO), according to people familiar with the matter.
Malaysia's CTOS Digital Bhd, which is planning a 1.2 billion ringgit (US$287.08 million) listing later this month, saw the retail portion of its initial public offering oversubscribed by 27.6 times, it said in a statement on Thursday.
JAKARTA: Indonesia's biggest coal-producing province of East Kalimantan has recorded a spike in coronavirus cases, with miners among those infected, but so far there has been no disruption to coal operations, a local official said. The Southeast Asian country is the world's biggest thermal ...
HONG KONG: China's securities regulator is setting up a team to review plans by Chinese companies for initial public offerings (IPOs) abroad, sources with knowledge of the matter said, including those using a corporate structure which Beijing says has led to abuse. Chinese companies looking to ...
REUTERS: Global fintech company Circle said on Thursday it would go public through a merger with a blank-check company in a deal that values it at US$4.5 billion. The merger with Concord Acquisition Corp is expected to fetch US$691 million in proceeds for the combined entity, Circle said ......
U.S. Senator Elizabeth Warren on Thursday warned of the growing risks posed to consumers and financial markets by the "highly opaque and volatile" cryptocurrency market and blasted its lack of regulation as unsustainable.
