Business
Live Shopping Booms as Whatnot Hits $20B Valuation
Whatnot has raised $545 million in a Series G round that values the live shopping marketplace at $20 billion, nearly doubling its worth in…
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valuation
Business
HSBC on course for £300 billion valuation, top executive says
Weeks after its market value rose above £200 billion (S$344.6 billion) for the first time in its history, HSBC Holdings is now on course…
Business
Spacex sets US$800 billion valuation, confirms 2026 IPO plans
The Musk-led company is targeting a valuation of about US$1.5 trillion for the entire company SpaceX has authorised an insider share sale…
Business
Revolut begins secondary share sale at US$75 billion valuation
The deal will cement the company’s status as one of the most valuable fintechs on the planet Revolut has kicked off a process for some…
Business
TikTok owner ByteDance sets valuation at over US$330 billion as revenue grows: sources
ByteDance, the owner of short-video app TikTok, is set to launch a new employee share buyback that will value the Chinese technology giant…
Business
Carro targets US IPO with over US$3 billion valuation: sources
Singapore-based Carro, South-east Asia’s largest used-car online marketplace, is preparing for a US initial public offering as early as…
Business
AI chip startup Groq discusses US$6 billion valuation, The Information reports
semiconductor startup Groq has spoken to investors about raising between US$300 million and US$500 million at a US$6 billion…
Business
Great Eastern says Takeover Code not breached when it shared IFA valuation with OCBC
Great Eastern Holdings (GEH) said that sharing with OCBC the indicative range of share values determined by its independent financial…
Business
Singapore Paincare up 8.3% on Sias valuation
Shares of Singapore Paincare rose on Thursday (Jun 5), a day after the Securities Investors Association (Singapore), or Sias, valued the…
Business
Phillip Securities initiates coverage on dividend-focused Reit ETF trading at ‘attractive’ valuation
Phillip Securities Research has initiated coverage on the Phillip SGX APAC Dividend Leaders REIT ETF (Pareits) with an “accumulate” call…
Business
Warren Buffett’s favourite valuation indicator flashes buy signal
A key valuation metric touted by legendary investor Warren Buffett is signalling that equities are relatively cheap, bolstering the case…
Business
Toyota chairman proposes record buyout of its supplier at US$42 billion valuation
Toyota Motor chairman Akio Toyoda has proposed a buyout of supplier Toyota Industries, people familiar with the matter said, seeking to…
Business
Stakes high for Switch 2 after Nintendo’s stock valuation surges
NINTENDO shares have soared to a series of records in anticipation of its Switch 2 console, making the upcoming reveal of the gadget’s…
Business
Keppel eyes better market valuation as it sheds ‘conglomerate discount’
Global asset manager Keppel is eyeing a better valuation from the market, as the company sheds the “conglomerate discount” with its…
Business
Musk’s X in talks to raise money at US$44 billion valuation, Bloomberg News reports
ELON Musk’s X social media platform is in talks to raise money from investors at a US$44 billion valuation, Bloomberg News reported on…
Business
Temasek-backed Indian meat seller seeks US$2 billion IPO valuation
LICIOUS, a Temasek Holdings-backed online seller of meat and seafood in India, is seeking to become profitable as it prepares to list in…
Business
Shein faces investor pressure to slash valuation to US$30 billion: sources
FAST-fashion retailer Shein is under pressure to cut its valuation to about US$30 billion, according to people familiar with the matter,…
Business
Analysts raise target prices, dividend estimates on DBS, predicting higher valuation ahead
Among its high ROE businesses, a “standout” performer is its wealth management segment, says DBS ANALYSTS raised their target prices for…
Business
Grab weighs takeover of rival GoTo at US$7 billion valuation
GRAB Holdings and GoTo Group have accelerated merger talks and are targeting a deal this year, seeking to end years of losses in…
Business
SoftBank in talks to lead OpenAI funding round at US$300 billion valuation, sources say
SOFTBANK is in talks to lead a funding round of up to US$40 billion in OpenAI at a post-money valuation of US$300 billion, sources told…
Business
Mapletree Logistics Trust to sell Tuas property for S$11.18 million, 39.8% above valuation
The property comprises a three-storey cargo lift warehouse and factory building with an ancillary office Mapletree Logistics Trust’s (MLT)…
Business
Apple approaches US$4 trillion valuation as investors bet on AI momentum
APPLE is closing in on a historic US$4 trillion stock market valuation, powered by investors cheering progress in the company’s…
Business
Broadcom valuation soars past US$1 trillion on AI sales boom
BROADCOM, a chip supplier for Apple and other big tech companies, surged to a US$1 trillion market valuation for the first time after…