SINGAPORE -- Livestreaming platform 17Live is set on expanding in the 10-member Association of Southeast Asian Nations with capital raised after its Singapore Exchange trading debut on Friday, although shares performed below the benchmark set by the shell company it merged with.
Markets
Livestreaming platform 17Live eyes ASEAN growth as shares falter at debut
Vertex-backed shell company's merger with Taiwan-founded startup tackles tough market
17Live bypassed the traditional route to an initial public offering by combining with a special purpose acquisition company already listed on the Singapore Exchange and backed by the city-state's Vertex Holdings. (Nikkei montage/Source photo by Tsubasa Suruga and screenshot from 17Live's website)
Read Next
Latest on Markets
