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Sock maker Bombas mulls initial public offering in US

  Bloomberg Bombas, a maker of socks and other apparel, is exploring a US initial public offering, according to people with knowledge of the matter. The New York-based company, a certified B Corporation, could pursue a listing as soon as this year, said one of the people, requesting anonymity discussing private talks. The firm has held discussions with potential underwriters, ...

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ShopBack seeks $150m for expansion

  Bloomberg ShopBack, an online shopping rewards app backed by Temasek Holdings, is in talks with potential investors to raise $150 million to help finance its expansion, according to people with knowledge of the matter. The Singapore-based startup is working with Morgan Stanley on the funding round, which is expected to value the company at about $1 billion, the people ...

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Taiwan: China’s Xi too focused on party reshuffle for any attack

Bloomberg Taiwan believes Xi Jinping is too focused on a key party meeting to extend his tenure as China’s leader to take military action now, regardless of what happens between Russia and Ukraine, according to two senior officials involved in security issues in Taipei. The Taiwanese government has assessed the current risk of a Chinese attack to be low, even ...

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