Singapore: Dating app Paktor’s parent company M17 files for New York listing

May 24, 2018

M17 Entertainment, the parent company of Singapore-based dating and networking app Paktor, is heading to the New York Stock Exchange as it seeks to raise a total of $115 million in a proposed initial public offering (IPO).

According to a US Securities and Exchange Commission (SEC) filing, M17 Entertainment said it will use the proceeds of the planned IPO to finance the expansion of its business in Japan and other new markets.   Read more ...

 

Source: Deal Street Asia

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