Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Korea/Asia, Events, IPOs

Douglas Research Advisory

Equity Capital Markets

Canva Inc operates a graphic designing platform. The Company offers solutions that enable users to design blog graphics, presentations, flyers, posters and invitations.

<ul>
<li>In this insight, we provide a list of 50 prominent companies in Asia that could complete their IPOs in Asia in 2026 (excluding Korea).</li>
<li>This report is meant to serve as a comprehensive, REFERENCE GUIDE to help clients get a broad view of the major IPOs that could get completed next year in Asia.</li>
<li>Some of the most prominent potential IPOs in Asia next year include Reliance Jio, Kunlunxin,  Shein, Flipkart, and Canva. </li>
</ul>


In this insight, we provide a list of 50 prominent companies in Asia that could complete their IPOs in Asia in 2026 (excluding Korea).
This report is meant to serve as a comprehensive, REFERENCE GUIDE to help clients get a broad view of the major IPOs that could get completed next year in Asia.
Some of the most prominent potential IPOs in Asia next year include Reliance Jio, Kunlunxin,  Shein, Flipkart, and Canva. 


2026 ("Year of the Horse") Major IPOs Pipeline in Asia

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Airtasker Limited operates as a software development company. The Company develops community platform that connects people who need to outsource tasks and find local services such as home cleaning, handyman jobs, admin work, photography, and graphic design. Airtasker serves customers in Australia.

<ul><li>Airtasker Limited (ASX:ART) is an online marketplace for local services, connecting people and businesses who need work done with people who want to work.</li><li>ART held an investor day last week showcasing a range of senior management and media capital partners.</li><li>Product development continues to focus on improving marketplace trust (improved tasker details and job descriptions), increased frequency of transactions (better/fewer quotes, taskers own page) and using AI for better/faster job matches.</li></ul>

Airtasker Limited (ASX:ART) is an online marketplace for local services, connecting people and businesses who need work done with people who want to work.ART held an investor day last week showcasing a range of senior management and media capital partners.Product development continues to focus on improving marketplace trust (improved tasker details and job descriptions), increased frequency of transactions (better/fewer quotes, taskers own page) and using AI for better/faster job matches.

Airtasker Ltd - Not just relying on media capital for growth

ReadCloud Limited operates as an education technology company. The Company offers content library, virtual classroom operations, e-books, and social learning solutions. ReadCloud serves customers in Australia.

<ul><li>ReadCloud Limited (ASX:RCL) services the education and training sectors through the provision of digital learning content, proprietary interactive technology and support for students and educators.</li><li>The company released its FY25 full-year result (30 September year-end) but many of the data points had been pre-released so there were no real surprises.</li><li>The core strategic Australian schools-facing businesses in eBooks and VET-in-Schools (collectively 85% of FY25 group sales revenue) delivered strong results, with VET-in-Schools the standout growing revenue at 26% to $5.7m and continuing to deliver gross margins exceeding 90%.</li></ul>

ReadCloud Limited (ASX:RCL) services the education and training sectors through the provision of digital learning content, proprietary interactive technology and support for students and educators.The company released its FY25 full-year result (30 September year-end) but many of the data points had been pre-released so there were no real surprises.The core strategic Australian schools-facing businesses in eBooks and VET-in-Schools (collectively 85% of FY25 group sales revenue) delivered strong results, with VET-in-Schools the standout growing revenue at 26% to $5.7m and continuing to deliver gross margins exceeding 90%.

Readcloud Ltd - Driving growth through the schools businesses

WRKR LTD provides software solutions. The Company offers platform for employers to take care of compliance obligations such as onboarding and ongoing verification solutions, which saves money, time, and reduces risk. WRKR serves customers in Australia.

<ul><li>Wrkr Ltd (ASX:WRK) offers compliance solutions for Australian superannuation contributions and payroll including member onboarding, super payments, messaging and employee validation.</li><li>WRK has delivered a record cash receipts quarter ($4.0m), +74% on the previous corresponding period (pcp) and +30% on Q4 FY25, aided by milestone payments and some overdue receipts from Q4 FY25 ($0.4m).</li><li>Total costs increased 24% on Q4 FY25 as WRK prepares for client onboarding and continues product development.</li></ul>

Wrkr Ltd (ASX:WRK) offers compliance solutions for Australian superannuation contributions and payroll including member onboarding, super payments, messaging and employee validation.WRK has delivered a record cash receipts quarter ($4.0m), +74% on the previous corresponding period (pcp) and +30% on Q4 FY25, aided by milestone payments and some overdue receipts from Q4 FY25 ($0.4m).Total costs increased 24% on Q4 FY25 as WRK prepares for client onboarding and continues product development.

WRKR Ltd - Solid Q1 FY26 with investment to ramp up

External broker reports(aggregated public sources), Bell Potter Securities

Bell Potter

External broker reports(aggregated public sources)

Bell Potter Securities

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WiseTech Global Pty Ltd provides various technology and information technology management solutions. The Company offers cloud based various technology platforms, market specific software and logistics technology solutions, such as edienterprise, a platform supply chain logistics management system, software-as-a-service, and clinical management software. 

<ul><li>Reaffirms guidanceWiseTech held its AGM today and reaffirmed its FY26 guidance of revenue b/w US$1.39-1.44bn, EBITDA b/w US$550-585m and EBITDA margin b/w 40-41%.</li><li>The company also flagged that the new commercial model will go live on 1st December and “a large number of customers” are expected to transition on that date.</li><li>There was, however, little update on the launch of Container Transport Optimisation (CTO) with only the comment “we are focused on our initial launch of CTO with revenue generati...</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Reaffirms guidanceWiseTech held its AGM today and reaffirmed its FY26 guidance of revenue b/w US$1.39-1.44bn, EBITDA b/w US$550-585m and EBITDA margin b/w 40-41%.The company also flagged that the new commercial model will go live on 1st December and “a large number of customers” are expected to transition on that date.There was, however, little update on the launch of Container Transport Optimisation (CTO) with only the comment “we are focused on our initial launch of CTO with revenue generati...Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

WiseTech Global (WTC): First Hurdle Cleared

Australia TMT
Insight on Australia TMT companies

2026 ("Year of the Horse") Major IPOs Pipeline in Asia

In this insight, we provide a list of 50 prominent companies in Asia that could complete their IPOs in Asia in 2026 (excluding Korea).

Douglas Kim

Airtasker Ltd - Not just relying on media capital for growth

Airtasker Limited (ASX:ART) is an online marketplace for local services, connecting people and businesses who need work done with people who want...

Research as a Service (RaaS)

Readcloud Ltd - Driving growth through the schools businesses

ReadCloud Limited (ASX:RCL) services the education and training sectors through the provision of digital learning content, proprietary interactive...

Research as a Service (RaaS)

WRKR Ltd - Solid Q1 FY26 with investment to ramp up

Wrkr Ltd (ASX:WRK) offers compliance solutions for Australian superannuation contributions and payroll including member onboarding, super...

Research as a Service (RaaS)

WiseTech Global (WTC): First Hurdle Cleared

Reaffirms guidanceWiseTech held its AGM today and reaffirmed its FY26 guidance of revenue b/w US$1.39-1.44bn, EBITDA b/w US$550-585m and EBITDA...

Bell Potter