IPOs & Markets
The Singapore-headquartered firm has appointed UBS and Credit Suisse as joint lead managers for the IPO.
Previously, Vogo was also reportedly talking to Tiger Global Management and SoftBank for fundraising.
The company also plans to roll out its services in new cities across its existing markets across Asia Pacific region.
The startup is also in talks with VC firms such as East Ventures, Agaeti and SMDV to garner funding.
The announcement comes as Thai companies roll out financial services partnerships with e-commerce platforms and ride-hailing services.
Fitso has raised funding from SRI Capital, Zomato co-founder Pankaj Chaddah and Helion Venture Partners co-founder Ashish Gupta, among others.
Facing competition in the world's No.4 online food delivery market, Uber is struggling to revamp its brand in S Korea.
On September 10, Daniel Zhang, a little-known former accountant, will take over the chairman’s role at Alibaba Group.
Ma will step down from the Chinese behemoth on Tuesday.
Q & A
Factors such as ‘differentiation,’ ‘scalability,’ and ‘brand recall' are key to the road to profitability, says Ambareesh Murty.
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