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Benzinga
Benzinga
Business
The Bamboo Works

Asia Innovations SPAC Listing: Based in Singapore, But Made in China

Key Takeaways:

  • Developing markets social media company Asia Innovations is planning a U.S. SPAC listing that could provide it with up to $350 million in new funds
  • Company could represent a new generation of founding teams with Chinese roots setting up internet companies in Singapore to avoid stricter Chinese regulations
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