Amazon goes for a stock split, follows Google, Apple
This is the first such move by the tech giant after 1999 when it went for a 1:3 split....
Category : Markets
Singtel sells its payment card industry compliance business for $80 mn
According to the telco, the decision to sale is part of the company’s strategic review of its digital businesses...
CTOS Digital launches $290 mn IPO in Malaysia
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The latest listing would entail a public issue of 200 mn new shares and an offer-for-sale allocation of 900 mn existing shares...
Chinese ride-hailing Didi reports $1.6 bn loss ahead of US IPO
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Didi, accelerated its listing plans as its business rebounded after the Covid-19 pandemic ebbed in China...
Global bond investors will have access to the Saudi bond market
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The Saudi market is priced at $2.5 tn and global bond investigators can access the market without applying for Qualified Foreign investor status...
JD Logistics valued at $36 bn after Hong Kong debut
Its shares soared 14% after its much-anticipated debut on the Hong Kong Stock Exchange...
Regulators in China slaps Alibaba with $2.8 bn fine
It is reportedly the largest anti-monopoly fine ever in China...
Ant Group’s dual listing to be the world’s biggest IPO
Ant plans to raise around $35 bn...
Ant Group begins Hong Kong and Shanghai IPO process
The company has not disclosed details on the IPO size or timing as of yet...
Chinese delivery platform Dada Nexus plans to raise $500 mn in US IPO
Dada Nexus, listed the size of the offering at $100 mn, a placeholder amount likely to change...