In Malaysia, discount retailer Eco-Shop is preparing to raise US$238.4 million ahead of an Initial Public Offering, scheduled for May 23, 2025. The Malaysian retailer (annual revenue at the end of May 2024 : US$510 million, up 21% in a year, net margin of US$37.5 million, or a ratio of 7.4%) would thus be valued at US$1.6 billion, making this the largest I.P.O.
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Article authors
Morgane Monteiro
Journalist
Journaliste économique pour mind Retail depuis 2024, j’analyse la transformation digitale du commerce.