IPOs & Markets
The offering marks one of the largest listings in Vietnam in the past two years.
1
Vietnam retailer Dien May Xanh eyes HoSE listing at $3.9b market cap
2
Indian wealth management platform Neo Group raises $37m led by Peak XV
3
EQT tops rival bids to offer $21.25/share for Japan's Kakaku.com
4
Blackstone hires KKR dealmaker to lead India in Asia infrastructure push
5
Shein IPO gets green light from Hong Kong listing committee
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Deals
The funds will be invested in investing in talent, technology, and new product capabilities.
Private Equity
The new price values Kakaku.com at about $4.20 billion.
Appointment signals Blackstone’s intent to build out infra investing capabilities in APAC.
The IPO would be one of Hong Kong’s most closely watched listings in years.
World
PayPal has not formally responded to the proposal.
TPG was likely aiming for an A$4 billion ($2.80 billion) deal.
Greater China
The over-subscription rate, however, was much lower than most recent Chinese IPOs.
Kimi K3 is the first open-weight model to approach the 3 trillion-parameter mark.
Earlier this year, it completed a fundraising of about $5 billion at a $134 billion valuation.