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Sumeet Singh
  • Sumeet Singh

ECM Weekly (24th Jul 2022)

Aequitas Research publishes weekly updates on the deals that have been covered by the team recently along with updates for upcoming IPOs in the past week.

Ethan Aw
  • Ethan Aw

SoCar IPO

SoCar is looking to raise up to US$157m in its upcoming Korea IPO. SoCar is a Korean car sharing business which aims to become an all-in-one mobility solutions provider beyond car sharing. Car sharing is SoCar's flagship service that allows a user to use as many vehicles as they want in ten-minute increments. According to the company, it has approximately 80% domestic market share in the car sharing space. As of May 2022, SoCar has over 8m subscribers and over 10m SoCar app downloads. While S...

Ethan Aw
  • Ethan Aw

SoCar IPO

SoCar is looking to raise up to US$159m in its upcoming Korea IPO. SoCar is a Korean car sharing business which aims to become an all-in-one mobility solutions provider beyond car sharing. Car sharing is SoCar's flagship service that allows a user to use as many vehicles as they want in ten-minute increments. According to the company, it has approximately 80% domestic market share in the car sharing space. As of May 2022, SoCar has over 8m subscribers and over 10m SoCar app downloads. While S...

Ethan Aw
  • Ethan Aw

Socar Pre-IPO

SoCar is looking to raise up to US$159m in its upcoming Korea IPO. SoCar is a Korean car sharing business which aims to become an all-in-one mobility solutions provider beyond car sharing. Car sharing is SoCar's flagship service that allows a user to use as many vehicles as they want in ten-minute increments. According to the company, it has approximately 80% domestic market share in the car sharing space. As of May 2022, SoCar has over 8m subscribers and over 10m SoCar app downloads. Howeve...

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