Announced
Synopsis
Super Apps, a developer of a social commerce platform, agreed to go public via a SPAC merger with Technology & Telecommunication Acquisition in a $1.1bn deal. "We are excited to enter the public markets through our business combination with TETE. The proceeds from the business combination, combined with our leadership team’s significant fintech industry experience, will allow Super Apps to accelerate growth in revenue through the expansion of its workforce, including sales and marketing headcount. We believe this transaction will enable us to continue investing in our technology infrastructure and deliver on our aspirations to be the unrivaled payment systems provider in the ASEAN market," Loo See Yuen, Super Apps CEO.
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