Sources: China’s Tencent-backed Trucking Startup Full Truck Alliance Has Confidentially Filed For An Ipo That Could Elevate A Minimum Of $1b As Soon As This Year Bloomberg


Intelligent equipment and asset-as-a-service are the next huge waves,” says G7 president Julian Ma, who previously served as a vice president at Tencent overlooking location-based providers, search and autonomous driving for five years. Offering on-line courses and homework plans to college students, Yuanfudao ranked first in China in-app purchases in the education class between January and mid-March, based on cell app performance tracker App Annie. BEIJING – Chinese on-line schooling platform Yuanfudao said on Tuesday it has raised $1 billion in a new financing round, led by Tencent Holdings and private equity agency Hillhouse Capital Group. Limited provides the data and providers on an “AS IS” foundation.

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Securities and Exchange Commission and a member of Financial Industry Regulatory Authority /Securities Investor Protection Corporation . In June 2021, Full Truck Alliance was listed on the New York Stock Exchange. It was then reported in February this 12 months that the company was planning a second listing in Hong Kong, and would submit its utility before the end of February at the earliest, with an estimated fundraising amount of $1 billion. Sources acquainted with the matter also mentioned at the time that the corporate had appointed Morgan Stanley, Goldman Sachs, UBS and Huatai International to take charge of the IPO.

Thailand celebrated the arrival of its 10 millionth international customer of 2022 on Saturday, according to the tourism authority, as the dominion consolidated the recovery of its Covid-battered journey sector. Southeast Asia’s digital lending market is predicted to more than quadruple to $110 billion by 2025, based on a report by Bain & Co., Google and Temasek Holdings Pte. Other participants included new buyers China Broadband Capital, Intelligent Fund of Funds, Mount Morning Capital, Total Energy Ventures and TH Capital, which are joined by present traders GLP, Bank of China Investment and Tencent. Its give attention to online learning puts it in one of many few sectors that have seen a surge in investor interest as the coronavirus and faculty closures drive college students in China to attend classes through the internet.


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