October 18 (AsiaFin), Ernest Cu, CEO of Globe Telecom in the Philippines, recently stated in a media interview that the company may conduct its first initial public offering (IPO) for its electronic wallet business, GCash, within one to two years. However, GCash is not in a hurry to go public as it can raise funds from private channels. "Given the potential for GCash's development and its dominant position in the Philippines, many people are interested in obtaining a stake in GCash," Cu said. (Source: Jiemian)