The Business Times
business-time-50

RedDoorz gunning for IPO, and making expansion a priority

google-preferred-sourceAdd BT as a preferred source

Ng Ren Jye

Published Tue, Oct 15, 2019 · 09:50 PM

    Singapore

    SINGAPORE-based hotel booking and management platform RedDoorz is shooting to be Ebitda-positive by 2023. Its chief executive thinks that it is a milestone which, when reached, would mark the right time for a public listing.

    The technology-driven hotel management startup now operates a network of more than 1,500 properties in Indonesia, Singapore, the Philippines and Vietnam.

    TRENDING NOW

    Liang’s net worth more than doubled to US$36 billion, from around US$16.7 billion, according to the Bloomberg Billionaires Index. 

    DeepSeek founder Liang Wenfeng becomes the world’s richest AI model creator

    Targeted for completion in 10 months, the oil terminal will comprise two floating-roof tanks that can store 3.5 million litres of diesel and 2.5 million litres of petrol.

    Singapore fuel distributor Global Group doubles down on Timor-Leste with US$10 million oil terminal

    Philippine’s Maharlika support for Petron through a credit facility shows the sovereign fund’s role in the nation’s energy security.

    Early payout from Philippines’ Maharlika Investment Fund raises eyebrows over its true nature

    More interest in prime condos comes amid a softening in the broader private residential market.

    Flight to safety: New citizens and PRs drive Singapore luxury home sales as broader market cools

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More