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Hong Kong's Second Biggest IPO of Year to Seal Founder's Fortune.
- Source :
- Bloomberg.com; 10/26/2023, pN.PAG-N.PAG, 1p
- Publication Year :
- 2023
-
Abstract
- (Bloomberg) -- Another billionaire has been minted thanks to the online shopping boom that's expanding from China to Southeast Asia. Li, 48, started J&T after spending more than 15 years at Chinese smartphone maker OPPO, helping to expand its operations in Southeast Asia. Li, who has an 11% stake in J&T, is the latest Chinese billionaire to be created from the online shopping surge of the past two decades, and the first with a fortune that originated in Southeast Asia, according to the Bloomberg index. [Extracted from the article]
- Subjects :
- GOING public (Securities)
ELECTRONIC commerce
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 173235572