SINGAPORE: Garena, South-East Asia’s most valuable startup, picked Goldman Sachs Group Inc. to lead a planned initial public offering that could fetch about US$1bil, according to people with knowledge of the matter.
The Singapore-based online gaming portal and e-commerce provider plans to select additional banks as soon as this month, the people said.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!