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Asia faces better prospects than other regions amid a battered equity capital markets scene, according to recent reports on global and regional IPO activity.

The region is home to 35 unicorns and counting, with fintech and e-commerce companies having raised the most funds, so far. With the public markets taking notice of the sector’s vast potential, 2022 could promise more listings in the line-up.

From super apps to artificial intelligence, technology is a big part of how the travel and tourism industry is repositioning itself for a post-pandemic world. Also emerging is a push for M&A to accelerate growth.

Accelerated adoption for online education is pushing demand for virtual tutoring services amid school closures. While IPOs are practically out of the question, investors look for alternative methods to tap the opportunity.

The acquisition vehicle, which is sponsored by former Morgan Stanley Asia-Pacific chairman Alasdair Morrison and a Korean partner, raises $50 million in Amex listing.