Investor6
Oct 27, 10:27 AM
$BIDU Mr. Alfred Tan is related with XAG Co. Ltd., a unicorn that is evaluated around
$1.1 billion, already profitable with high revenues growth. XAG is backed by entities related with
$BIDU and
$SFTBY :
"XAG has raised approximately
$248 million across multiple funding rounds.
Prominent institutional investors include:
SoftBank Vision Fund
Hillhouse Ventures / GL Ventures
Baidu Capital
Sinovation Ventures"
A few days ago, Tan took the leadership of
$ARBB, (CEO & Chairman), a U.S. listed company, based in Singapore. Obviously A. Tan is the new controlling shareholder of ARBB.
Could ARBB be the vehicle to list XAG in NASDAQ? XAG operates in the agricultural high tech machinery while ARBB has a "digital farming" division with multi-million contracts.
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