PhonePe delays $1.3b IPO over valuation gap Tech in Asia By:Naomi Li Gan 17 March 2026 at 06:53 Retail interest in IPOs has declined, with institutional investors now the primary backers.
Walmart-backed PhonePe shelves IPO as global tensions rattle markets TechCrunch By:Jagmeet Singh 16 March 2026 at 17:02 PhonePe has paused its planned IPO, delaying a major liquidity event for investors including Tiger Global and Microsoft.
Shein tried to shed China. Its IPO now hinges on embracing it Tech in Asia By:Ivy Yang 16 March 2026 at 08:00 After downplaying its Chinese roots, Sheinβs potential Hong Kong IPO is changing its narrative. Hereβs why the China-shedding strategy has its limits.
Baidu-backed AI biotech BioMap seeks Hong Kong IPO Tech in Asia By:Naomi Li Gan 16 March 2026 at 07:18 The company developed an AI system that models biological mechanisms to aid drug discovery.