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Financial

Financial Archives

E-commerce solution Techsembly closes US$1.37 million investment round

SaaS company plans to use the funds to assemble a cross-marketing team initially focusing on the UK, Europe and Asian ma...

What an Impossible Foods IPO means for alt protein market

Impossible Foods plans launch into Australia and New Zealand as the business explores IPO.

Grab agrees to US$40 billion merger, clearing way to list in the US

Grab said its decision to become a public company was driven by strong financial performance in 2020, despite the pandem...

Trip.com to raise US$1.09bn in Hong Kong listing – sources

Trip.com, which is headquartered in China, did not immediately respond to a request for comment.

Singapore’s Naiise all but collapses under debts

Last year, the retailers faced multiple complaints from its vendors accusing of defaulting payments.

Hong Kong chain AbouThai raided over labelling breaches

Customs officers raided 25 shops belonging to the chain and arrested a 33-year-old male director.

Some luxury brands thriving in Korea despite pandemic

Consumers, denied oversea travel, have resorted to spending on luxury goods instead, gaining popularity among the MZ Gen...

What does Deliveroo’s IPO flop say about the economics of food delivery?

Deliveroo’s lack of profitability in 2020 is quite striking as this was the year that food deliveries surged because of ...

Analysis: Why Premier Investments is bullish about the future

The group posted a 7.2 per cent increase in sales and an 88.9 per cent boost to net earnings for the six months to Decem...

Analysis: Why Premier Investments is bullish about the future

The group posted a 7.2 per cent increase in sales and an 88.9 per cent boost to net earnings for the six months to Decem...