Tata’s BigBasket platform does not rule out an IPO in three years but currently looks to expand local reach.
Before news of the US IPO came to light, Zeekr has been taking steps to expand itself, including partnering with Mobileye.
The Snapdeal IPO may be launched at a later date. According to the firm, a move will depend on their need for capital at that time.
Mobileye reported that it made $450 million in Q3 2022 and has now forecast fourth-quarter revenue to $527 million-$545 million.
Amid the current crypto winter and overall bearish sentiment, stablecoin issuer Circle decided not to pursue any further SPAC merge plans for going public.
GoTo is not the only Asian tech company to plummet in valuation after its public launch.
GoTo is the worst large tech IPO of 2022 after plunging for 10 consecutive sessions amid the global selloff.
According to the IPO prospectus, BYD Ltd’s semiconductor unit was anticipated to raise approximately $281 million to fund various projects.
By permitting companies to seek targeted growth, the expectation is that the economy will become more functional and that it may attract other global players to its shores.
Indonesian e-commerce company Blibli is up 5% following its IPO on the country’s stock exchange Tuesday.
Hua Hong will use the funds to start a new fabrication plant will be in the eastern city of Wuxi, and the construction of the same will start in 2023.
As per the filing with the US Securities and Exchange Commission (SEC), Bitdeer is seeking four more three-month extensions for its SPAC merger.
The Mobileye market debut comes as parent company Intel looks to embark on a capital-intensive process to enhance its market position.
A source has clarified that the company does not rule out the possibility of going public this year, however, it is unlikely.
Even after the IPO, Intel is planning to keep the majority stake in Mobileye.