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Startup IPO jitters spill over into South-east Asia

With large venture-backed US IPOs struggling, region could see delay in such listings

Sharanya Pillai
Published Wed, Oct 23, 2019 · 09:50 PM

Singapore

A REALITY check on mega flotations in the world's biggest stock market is sending ripples through the region's initial public offering (IPO) market for venture-backed startups.

Following the recent flops of startup IPOs in the US, market sentiment in South-east Asia has also turned more cautious, say analysts.

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