Catherine Badour
German tech investor Primepulse, which has interests in cloud services, vision technology, electronics and automotive markets, is planning to float on the Frankfurt stock exchange in the fourth quarter of this year, the company said on Tuesday.
Hotel chain OYO Hotels said on Tuesday it would raise $1 billion from existing investors, including Japan’s Softbank Group (9984.T), to grow its business in India and China, and expand into new international markets.
Farfetch (FTCH.N) priced its shares above its targeted range on Friday in a New York flotation that values the online luxury retailer at over $5.8 billion and underscores how big a bet web sales have become for high-end brands, Reuters reported.
Freightos said on Monday it raised $44.4 million in a funding round led by Singapore Exchange (SGX) to further scale its online international freight marketplace.
Indonesian ride-hailing firm Go-Jek is seeking to raise about $2 billion from existing investors, including Tencent Holdings Ltd and JD.com, to fund its expansion plans in Southeast Asia, sources told Reuters.
European online furniture retailer Westwing plans to raise about 120 million euros ($139 million) in a Frankfurt listing, the latest start-up backed by German investor Rocket Internet (RKET.DE) to go public, Reuters reported.
Chinese online food delivery-to-ticketing services firm Meituan Dianping raised $4.2 billion in the world’s biggest internet-focused IPO in four years as it priced the float near the top end of a marketed range, sources told Reuters.
Miss Fresh, an e-commerce startup that delivers fresh produce in 20 Chinese cities, has raised $450 million from investors including Goldman Sachs and Tencent Holdings Ltd, the company’s financial adviser said on Thursday.
Japan’s Line Corp is raising around 148.1 billion yen ($1.33 billion) through convertible bonds to fund the popular chat app operator’s aggressive expansion in the financial services business, Reuters reported.
Danone (DANO.PA), the maker of Evian and Volvic, is investing in a German company developing a purifier that will enable households to turn tap water into mineral water, as the French group seeks ways to adapt to growing demand for healthier food and drink, Reuters reported.