Monday, October 2, 2023

Vertex, a SPAC backed by Singapore's Temasek, plans to buy live streaming service 17LIVE for ~$676M; 17LIVE had revenue of $363.7M in 2022 and is profitable (Reuters)

Reuters:
Vertex, a SPAC backed by Singapore's Temasek, plans to buy live streaming service 17LIVE for ~$676M; 17LIVE had revenue of $363.7M in 2022 and is profitable  —  Singapore's Vertex Technology Acquisition Corp (VTAC) (VERT.SI) will buy live streaming platform 17LIVE Inc for up to S$925.1 million …



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Tens of millions of South Korean retail investors, the market's biggest buyers in 2026, were caught in this week's selloff, as Samsung and SK Hynix tumble (Song Jung-a/Financial Times)

Song Jung-a / Financial Times : Tens of millions of South Korean retail investors, the market's biggest buyers in 2026, were caught i...