BRIEF: Tuya revenue rises 33.6%, brings in new strategic investor
IoT cloud-based platform Tuya Inc. (TUYA.US; 2391.HK) said on Monday its revenue rose 33.6% year-over-year in the third quarter to $81.6 million, crediting growth in its IoT PaaS and smart…
Cash-strapped Viva Biotech sells stake and plans spinoff
The biotech has gained a capital injection from Temasek and a major Chinese investor, but the deal has not boosted investor confidence Key Takeaways： As well as tapping strategic investors,…
Hong Kong Set to Overtake Singapore in SPAC Market, With Help From Mainland Sponsors
The Hong Kong Stock Exchange has received IPO applications from six SPACs in the last month, most with major mainland backers Key Takeaways: Hong Kong has received six SPAC listing…
A-List Executive Team, Big-Name Backers Fail to Lift Abbisko IPO
Shares of cancer drug startup, whose investors include Carlyle Group and Temasek, are down 7% a week after their trading debut Key takeaways Four rounds of fundraising together with IPO…
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