Hong Kong-based genomic and diagnostic testing business Prenetics slumped on its NASDAQ debut, unable to withstand struggling public markets public markets and weak investor appetite for businesses that merge with US-listed special purpose acquisition...
Grindr, a LGBTQ+ dating app acquired by an investor group after its Chinese owner violated foreign investment regulations, has agreed to merge with a special purpose acquisition company (SPAC) sponsored by Singapore-based Tiga Investments.
Gogox, a last-mile logistics company formed through the merger of Hong Kong's GoGoVan and an affiliate of mainland China-based 58.com, has filed to list in Hong Kong
Openspace Ventures has raised USD 200m for a fund that will primarily do follow-on rounds for existing portfolio companies. There is plenty of activity, but uncertainty lurks in the background
Baring Asia and PAG underline the value of their management entities; exits slump amid uncertainty; BGH Capital, renminbi GPs shore up fundraising; investment fails to extend the late 2021 flourish
Indonesia-based ride-hailing service turned super app GoTo, which has numerous private equity backers, gained 13% on debut following an IDR 15.8trn (USD 1.1bn) offering on the Indonesia Stock Exchange (IDX).
Gogoro, a Taiwan-based start-up that has developed a battery-swapping technology for scooters, gained 10% on its NASDAQ trading debut following the completion of a merger with a special purpose acquisition company (SPAC) backed by the former CIO of Morgan...
PAG, which has seen its assets under management (AUM) across private equity, credit, and real assets grow 6x to more than USD 50bn in the past decade, has become the first large-cap Asian manager to file for an IPO.
A special purpose acquisition company (SPAC) with ties to China-based private equity firm Primavera Capital Group has agreed to merge with global luxury fashion platform Lanvin Group at a pro forma enterprise valuation of USD 1.5bn.
China’s largest women’s footwear retailer Belle Fashion, which is backed by Hillhouse Capital and CDH Investments, has filed for a Hong Kong IPO with a reported target of USD 1bn.
PropertyGuru, a private equity-backed Southeast Asia real estate portal, traded flat on its New York Stock Exchange debut following a merger with a special purpose acquisition company (SPAC) at an enterprise value of USD 1.36bn.
Indonesia-based ride-hailing service turned super app GoTo, which counts Alibaba Group and SoftBank Vision Fund among its largest external investors, is looking to raise at least IDR 15.2trn (USD 1.1bn) through a domestic IPO.
V3 Brands Asia, a KKR-backed holding entity for OSIM, which claims to be Asia’s number one brand in the premium massage chairs market, has filed for an IPO in Hong Kong.
Shuge Jiao, CEO of CDH Investments, is chairing a Hong Kong special purpose acquisition company (SPAC) sponsored by one of the China-based private equity firm’s portfolio companies.
Seoul-based private equity firm Credian Partners has teamed up with CrystalBioSciences, a captive VC unit of biopharmaceutical company CrystalGenomics, to raise USD 200m for a US-listed special purpose acquisition company (SPAC).
Perfect Corp, a Chinese software developer specialising in artificial intelligence (AI) and augmented reality (AR) solutions that allow consumers to experience brands, has agreed to merge with a US-listed special purpose acquisition company (SPAC) at...
Zomato’s milestone offering last year saw a pandemic-ready business model awaken the local market to internet-based risk profiles as global investors shifted interest from China to India
Having expanded its business scope from hardware into software and financial services, G7 Network is positioning its recent USD 200m PE investment as a pre-IPO round
Allegro Funds plucked Australian baby and kids retailer Best & Less from its underperforming parent and defied pandemic-related uncertainty to complete a turnaround that culminated in an IPO
Baring Private Equity Asia claims that a thematic approach to origination and flexibility on deal structure allow it to pursue opportunities with greater conviction in a high-valuation environment
LionRock Capital, an Asian private equity firm that invests in global consumer brands with a China growth angle, is among the first group of sponsors launching special purpose acquisition companies (SPACs) in Hong Kong.
AInnovation, a China-based artificial intelligence (AI) solutions provider incubated by Sinovation Ventures, traded down on its Hong Kong debut following a HKD 1.18bn (USD 151m）IPO.
Chinese restaurant chain Country Style Cooking (CSC), which was de-listed in the US in 2015, and automotive after-sales service platform Tuhu, which was previously targeting a New York offering, have both filed for IPOs in Hong Kong.
Private equity exit timelines were thrown into disarray last year when US IPOs abruptly stopped. Regulators have offered some clarity, but investors are unsure when – or if – the magic will return