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-   -   Razer Files for IPO in Hong Kong to Raise $600 Million (https://www.madshrimps.be/vbulletin/f22/razer-files-ipo-hong-kong-raise-600-million-165393/)

Stefan Mileschin 12th July 2017 05:56

Razer Files for IPO in Hong Kong to Raise $600 Million
 
This week Razer has made a preliminary filing for IPO on the Hong Kong Stock Exchange. The company plans to raise $600 million for future growth, particularly in Asia. In addition, the funding is supposed to improve the company’s overall march with investments in R&D as well as the brand. Razer's recent financial filings indicate Razer operated at a $20m profit in 2012-2013, but ran a loss of ~$70m in 2015-2016 because of multiple acquisitions as well as a tripling in R&D activities with a small uptick in revenue.

http://www.anandtech.com/show/11611/...se-600-million


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