Slump from post-Covid high leaves Budweiser APAC with earnings hangover
The premium beer company has struggled to maintain its post-pandemic sales pace in a fiercely competitive market, but major sporting events later this year could boost demand Key Takeaways: Budweiser…
Soft International seeks to soak up IPO funds using diapers sent to Russia, with love
The disposable diaper maker exports a majority of its products, selling more to Russia than it does in its home China market Key Takeaways: Soft International has filed for a…
B&K Corp eyes IPO to keep its slow-developing drugs alive
The company focuses on wound-healing PDGF drugs and its core product, Pro-101-2, isn’t expected to enter Phase 3 clinical trials for at least three more years Key Takeaways: B&K lost…
Digital learning firm Shanghai Able targets tech upgrade
Boasting more than 27,000 online courses and backed by Sina and Baidu, the owner of China’s “Wisdom Tree” learning platform is seeking a Hong Kong IPO to boost spending on educational…
Next stop for Geely-backed CaoCao: a Hong Kong IPO
The ride-sharing company has built partnerships with third-party platforms to mount a concerted challenge to the market leader, but the strategy carries risks Key Takeaways: CaoCao Inc.’s revenues have grown…
Pony.ai gallops towards U.S. listing with eye on lower-tech autonomous driving
The company known for its robotaxis has been approved by China’s securities regulator to list in New York, as it downshifts its ambitions to boost its revenue more quickly Key…
Super Hi boils up overseas with New York listing application
The international arm of hotpot giant Haidilao is trying to whet U.S. investor appetites with 23% revenue growth last year and its first-ever profit Key Takeaways: Singapore-based Super Hi has…
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