Malaysian grocery mobile app Jocom has announced a successful listing of part of its share capital on Singapore’s first regulated private securities exchange, 1exchange (1X), raising aggregate proceeds of S$ 5.6 million (over RM17.1 million). Editor’s Note: Information in the above paragraph has been edited to reflect factual accuracy. These …
Read More »Roblox raises $520 million at $29.5 billion valuation, will go public through direct listing
User-generated game platform Roblox has raised $ 520 million in a new round of funding, and it will still go public through a direct listing where the company’s existing shareholders directly sell shares to investors. The private funding deal values Roblox at $ 29.5 billion. The direct listing offering, or DPO, …
Read More »4 Reasons Why I’m Not Gonna Crucify GrabFood’s F&B Listing System
Recently, there have been public Facebook posts made by several F&B merchants highlighting how the GrabFood app has, at times, automatically labelled their stores as being “Unavailable For Delivery” or “Closed” for one reason or another. Whenever this happens, these merchants are often unaware of it until their customers reach …
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