The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

VerSe eyes IPO before March 2027

News Snapshot:

Google-backed VerSe Innovation, which has raised more than $2 billion from marquee global investors since its inception, is planning to launch an initial public offering (IPO) before March 2027. This has been communicated to its major institutional investors, according to sources. ALSO READ Vikram Solar IPO: 5 key details every investor should track ahead of August 19 opening The Bengaluru-based firm operates vernacular news and content platform Dailyhunt, global digital news-stand Magzter, and short-video-app Josh. In April 2022, VerSe had raised $805 million at a $5-billion valuation. An email sent to VerSe was not answered. Strong backer profile The firm’s…

Other China Tech Buzz: