LG-backed Alphonso gears up for listing


Global expansion: People cross the street in front of the Nasdaq display in Times Square in New York. Declining to disclose specifics of the Nasdaq IPO timeline or deal size due to regulatory restrictions, Alphonso says it has met the conditions for a US listing. — AFP

SEOUL: US-based connected TV advertising company Alphonso, majority-owned by LG Electronics, is gearing up for a Nasdaq listing in the second half of 2025, positioning itself at the centre of LG’s push to turn smart TVs into integrated digital platforms.

At a press conference in Seoul on Tuesday, Alphonso founder and board member Ashish Chordia emphasised the company’s role in advancing LG’s long-term vision for media-centric home entertainment.

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