Current Account Feb 23 Ant Group sets record with $34 billion IPO Ant Group’s IPO, world’s biggest, receives strong institutional support Dual listing in Hong Kong and Shanghai amid mount... 4266
Current Account Feb 23 Payoneer goes public via $3.3 billion SPAC route The deal values Payoneer at $3.3 billion or 7.6 times of the expected revenue of $432 million in 2021. FTAC Olympus is noted for i... 3571
Current Account Feb 23 Coupang raises $4.6 billion in biggest US IPO this year Coupang raised $4.6 billion in its US market debut Coupang gained market dominance due to its guaranteed same-day or next day deli... 4837
Current Account Feb 23 Alibaba incurs $1.17 billion net loss in Q4 after record-high antitrust fine The antitrust penalty of RMB 18.228 billion ($2.782 billion) dragged the group’s profit down to a record-breaking low Regulation... 6327
Current Account Feb 23 Grab’s value drops post merger despite leading presence in Southeast Asia Drop of 21% in share price drags market value down to $34.6 billion Grab reported loss of $988 million for Q321 but expects operat... 6835
Interviews Feb 23 Nium’s Gandhi: “We are trying to change how payments work” Gandhi underlined the importance of corporate fraud prevention, especially in the card market. Nium’s infrastructure provides fast war... 1813