Coupang Goes Public

Amazon isn’t the only e-Commerce behemoth in the world, South Korea’s e-Commerce giant, Coupang, is going public in the US. The filing shows they’re looking to raise about US$1B in capital with the listing. Coupang’s revenues have been steadily growing since 2016 and could prove to be an attractive listing in the global e-Commerce space.

Big Hit Makes a Big Splash

Image credit: https://www.soompi.com/ Big Hit Entertainment, the media company behind international K-Pop sensation, BTS, went public this week – valued at $4B+. Even during a global pandemic, BTS is breaking records like achieving over 100M views within 24 hours on Youtube for their latest release Dynamite. BTS is big money considering they account for 0.3% of South…

Would You Like a Beverage with That Billion Dollars?

Nongfu Springs, a Chinese water beverage company, listed their IPO in Hong Kong recently (via The Hustle)… …making majority owner, Zhong ShanShan, one of the richest people in China and the world. According to The Hustle via Forbes, Nongfu Springs isn’t the only company with billionaire status:Xu Shihui of Dali Food (China)Zong Qinghou of Hangzhou Wahaha Group…

Singapore SaaS Helps Retailers Pivot

Photo by UNIBOA on UnsplashEven prior to COVID-19, talk of the Retail-pocalypse happening in North America is nothing new. But of course, retail is slightly different in Asia. What’s not different is the impact a pandemic has had on the retail sector.Enter Techsembly, a Singapore tech startup. They’ve created a solution to help retailers create their own…

The Confinement Industry’s David vs Goliath

Photo by Brooke Lark on UnsplashThe confinement industry is a great industry to get into if you can. As many industries in Asia, any money-making industry is most likely dominated by some of the large conglomerates. So, it’s always nice to see the underdog go up against the Goliaths. Or in this case, Malaysian startup, Savor…