The Singapore-based e-commerce enabler AnyMind Group has opted to postpone its application to list on the Tokyo Stock Exchange owing to “risks and disclosures” in its business operations.
After getting bourse permission, the business previously declared a listing date of December 15.
AnyMind declared in a statement that it anticipates the IPO postponement to have a “negligible impact” on the development of its business in the future. Before selecting a new listing date, the company claims that it would require a “fair length of time” to validate the mentioned risks and disclosures.
“We understand that the internet industry, to which our company belongs since we started operations, is relatively young, highly diverse, and highly competitive and that there are various uncertainties, especially as we expanded our business quickly over the years,” the company said.
AnyMind has 1,200 people spread across 19 locations in 13 regions and is now headquartered in Tokyo.
On its management platform AnyX, which was introduced in April 2022, the company earlier this year put out TikTok Shop, Yahoo Japan Shopping, and PayPay Mall.
Using e-commerce platforms like Shopee, Lazada, Rakuten, and Amazon, AnyX assists individuals and companies in managing, optimising, and tracking their operations.
