Current Account Feb 22 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... 3570
Opinions Feb 22 Lombard Odier's Monier: "SPACs raised more than $137 billion in 2020, 40% from retail investors" Special purpose acquisition corporations (SPACs) are shell companies with a two-year lifespan, created with a promise to buy another business withi... 4249
Current Account Feb 22 Grab to go public in US via $40 billion SPAC Grab made a deal with Altimeter via SPAC worth $40 billion Grab reported 70% year-on-year increase in revenue in 2020 Al... 6743
Interview Feb 22 Room to Read’s Wood: “Young women from developing countries see wage increases of up to 20% for every year of education” Wood left a lucrative position as director of business development at Microsoft when he started his campaign to give every child a chance to read a... 5126
Current Account Feb 22 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... 6834
Current Account Feb 22 US banks confront challenges in shifting commercial real estate dynamics The global commercial real estate (CRE) market is navigating turbulent waters, with US banks at the forefront of challenges stemming fro... 3412
Interviews Feb 22 Art Outreach Singapore chairman Mae Anderson builds bridges between arts and community Mae Anderson has long been a champion of the arts in Singapore, dedicating her time, expertise, and passion as the Chairman of Art Outre... 2276
Site Visits Feb 22 Advancing frontiers in fintech, AI, robotics and space exploration More than just a showcase of technology, the sessions were designed to forge meaningful connections between international delegates and Japanese... 220
