Indonesia
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
Greater China
Massive oversupply forces legacy Thai companies to cut production or close down.
India
Hyundai has overcome issues that drove GM, Ford and Fiat away from India.
World
Ending tax breaks for low-value parcels creates regulatory uncertainty.
Volta’s parent ESB is eyeing Malaysia, Thailand, and Vietnam.
The project is now suspended ahead of its planned August IPO.
The company is expanding into leisure and food delivery, mirroring the strategy of Chinese sister app Douyin.
E-commerce startup funding remained concentrated at the late stage in H1 2024.
Capital raised by startups in the region fell 36% YoY in H1 2024.
Their dominance is now extending to market share.