Singapore video commerce platform BeLive

ipo stocks news,ipo company
Post Reply
David
Posts: 533
Joined: Mon Nov 11, 2024 3:03 am
Singapore video commerce platform BeLive

Post by David »

  Singapore video commerce platform BeLive prices US IPO at $4
  BeLive Holdings, which provides a video commerce platform for retail and e-commerce businesses, raised $10 million by offering 2.5 million shares at $4, as expected.
  Because the company has a market cap of less than $50 million at pricing, BeLive Holdings will be excluded from Renaissance Capital's IPO stats.
  Originally launched as a social streaming mobile app, BeLive redirected its focus in 2018 towards business-to-business and providing live commerce and shoppable short videos solutions to international retail companies and e-commerce marketplaces. Its BeLive Solutions enable customers to leverage interactive and immersive live and video commerce in their online businesses. The company offers an enterprise-grade White Label solution which is customized to meet customers' unique requirements and can be integrated into existing internal systems, and a cloud-based SaaS solution for customers who are looking for a quick and cost-effective solution without the necessity of building their own infrastructure and technology stack.
  BeLive Holdings plans to list on the Nasdaq under the symbol BLIV. R.F. Lafferty & Co. acted as sole bookrunner on the deal.

Post Reply