Analysis
Higher interest rates dampen listings in region with fewer big-ticket debuts.
1
Ant Group-owned payments firm 2C2P trims losses by 83% in 2023
2
SE Asian IPO fundraising plunges 60% in first half as Indonesia slumps
3
Thai auto sector reels under subsidies for Chinese EV makers
4
Shanghai launches $14b funds to ramp up IC, AI, biomedicine sectors
5
Private equity giant Apollo pumps $700 million into Sony Music
More Stories
L Catterton’s Asia chairman Chinta Bhagat steps down from role
Indosat’s potential sale of submarine cable and fibre assets may attract local bidders
Indonesia’s Volta plans to roll out EV scooters in more SE Asian markets
SE Asian startups left thirsting as funding drought persists into Q2
Chinese generative AI major Baichuan Intelligence snags over $691m in Series A round
IPOs & Markets
The deal, if it proceeds, could be the largest IPO in Malaysia in nearly eight years.
Deals
The deal marks ExxonMobil’s exit from the country’s upstream sector where it used to be a dominant producer.
Policy & Regulations
After obtaining the licence, XTransfer is set to introduce e-business wallet services in Singapore.
CGS International Securities is also in the process of securing a licence to help manage IPOs in Malaysia.
Blockchain payments network Partior has issued new shares to Peak XV, Temasek, JP Morgan and others.
Here is your weekly recap of the most prominent developments in Asian private markets in the week that went by.
Venture Capital
The latest tranche brings DST’s overall Series E round to about $100m.
Philippines-focused discount retailer DALI has received capital from Creador, Pavilion Capital, and Venturi Partners.
Redactive will use the capital to expand its engineering, customer success, and marketing teams.