Connect with us

Hi, what are you looking for?

Mobile

Razer To Go Public On Hong Kong Stock Exchange, Developing Mobile Phone

According to sources for Bloomberg, Razer have filed for the Hong Kong stock exchange and are looking for an evaluation between $3-$5 Billion and is looking to go public in October. Lulu Yilun Chen and Crystal Tse of Bloomberg have said this could be”one of the largest tech debuts in the Asian financial center in years” provided they reach their estimated valuation.

It’s also being reported that Razer aims to develop its own mobile phone tailored for its target group of hardcore gamers. However, it is worth noting that no official announcement in relations to that has been announced.

While Razer just expanded into Hong Kong, 13% of their overall sales already come through China and have an esports outlet store within Hong Kong that is ran by them and Three Group.

Advertisement. Scroll to continue reading.

You May Also Like

Hardware

Razer have announced they will be collaborating with Roblox to co-brand peripherals manufactured by the company. This collaboration will consist of three peripherals. This...

Hardware

Gaming peripheral company Razer have announced they will be delisting from the Hong Kong Stock Exchange (HKSE) and will be going private later this...

News

Thanks to their partnership with the non-profit organization Conservation International, Razer revealed they have now saved over 1 million trees worldwide and are now...

News

A new report by Games One has been released which shows total total compensations CEOs within the video game industry made for the fiscal...

Advertisement