Peter Thiel-backed Bridgetown SPAC files to go public, seeks to buy Southeast Asia company

Peter Thiel-backed Bridgetown SPAC files to go public, seeks to buy Southeast Asia company

Peter Thiel, co-founder of PayPal Inc., answers a question during a news conference at the National Press Club in Washington, D.C., U.S., on Monday, Oct. 31, 2016. Photographer: Andrew Harrer/Bloomberg

Billionaires Peter Thiel and Richard Li have created a SPAC targeting “new economy” technology, financial services and media companies in Southeast Asia.