Chinese regulators fine Alibaba-backed browser for false advertising
Earlier, SAMR imposed a record-breaking $2.75 billion fine on Alibaba for penalizing merchants.
Japan’s delivery giant Sagawa ties up with startup to develop first EV
Sagawa said it intends to replace all of its 7,200 compact vehicles to EVs by 2030.
Toshiba investor Oasis unimpressed by CVC Capital’s $20b offer
US hedge fund Farallon Capital Management has also asked Toshiba to seek multiple offers.
China’s revamp of Ant Group dents investor appetite for IPO revival
Last year, Ant’s valuation was touted at $315 billion for its IPO.
Grab inks biggest SPAC merger deal, readies US IPO at $39.6b valuation
The proposed transaction includes a PIPE deal worth over $4 billion.
Indian unicorn Pine Labs buys loss-making SE Asian discounts platform Fave in $45m deal
The announcement confirms DealStreetAsia’s report in November that Fave is scouting for buyers.
Asia Digest: Pakistan’s Truck It In, Australian startup Shorthand raise funds
Shorthand is a no-code platform allowing publishers and brands to create multimedia stories.
Guest Post: Indian or US IPO? A guide to choosing the best listing venue for a startup
Listing at home has many advantages, but there are a few circumstances when a foreign IPO makes sense.