FILE PHOTO: A Wall St. street sign is seen near the NYSE in New York
HANOI: Vietnam’s Tiki raised US$258mil (RM1.07bil) in a funding round led by AIA Insurance Inc as the e-commerce startup looks to expand into life insurance and plans a United States initial public offering (IPO).
Investors involved in the Series E round also included UBS AG London Branch, Mirae Asset-Naver Asia Growth Fund and Taiwan Mobile Co, and existing backer STIC GIGF Ltd, Tiki founder and chief executive officer Tran Ngoc Thai Son said in an interview.
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