Deals
The company's stock has lost nearly 18% of its value this year.
Ji Yue is looking to merge departments and positions that have duplicate functions.
Venture Capital
The funding comprises $38 million equity and $6 million debt.
1
CPPIB, ADIA, others offer to take India's ReNew Energy private at $2.8b valuation
2
Baidu-Geely JV eyes fresh funding, looks to streamline operations
3
KKR, EQT said to have bid for Japanese eyecare products maker TopCon
4
Bain Capital outbids KKR, raises Fuji Soft offer by 1.6%
5
Jaipuria Family Office, Quadrant back Power Gummies and India deals worth $312m
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Greater China
It will continue to own the remaining 50% ownership stake in the wind farm.
Singapore
Reduced IPO activity is also forcing investors to look for alternative liquidity options.
World
Sellers of companies will be more willing to reduce their prices.
India
ADB and BII also participated in the Series F round.
Roughly 60% of the fund is expected to be deployed into SE Asia.
Viewtrix made it to Hurun's Global Unicorn Index 2024 with a valuation of $1.2 billion as of April 2024.
Anthea's investment is IndiaRF’s first investment from its second fund.
The debt investment marks EAAIF's first investment in the region.
Shanghai International Port (Group) and COSCO Shipping Holdings will snap up a 10% stake each.
The debut RMB fund roped in LPs including five publicly-listed Chinese healthcare companies.
The announcement confirms DealStreetAsia's report in May.
The report delves into SE Asia's logistics sector, including its current landscape, capital flows, challenges, and exit strategies.
Can EVs become a mainstream choice in Indonesia—on time?
Startups headquartered in mainland China, Hong Kong, Taiwan, and Macau raised $12.69 billion in Q3.
Indian startups raised $4.3 billion from private investors in the third quarter of 2024, marking a 17% decline from the previous quarter.
Indonesia
Marketing software unicorn Insider received fresh capital from General Atlantic this week.
Partior has received capital from Emirates NBD, Deutsche Bank, Temasek and Jump Trading.
MooVita has secured funds from Yinson Venture Capital and others.
Indonesian startup Mimin has bagged capital from Skystar Capital and others.
Rest of Asia
Chinese EV-makers are eyeing markets like Thailand and Mexico.
Tesla is said to be looking to create a consumer experience centre.
Spain had abstained from imposing additional tariffs on Chinese EV imports to EU.
This is Woori's first late-stage deal in SE Asia.
The firm also improved its net profit margin last year.
Meituan posted a 22.4% rise in Q3 revenue, defying sluggish Chinese consumption.
Travel demand in China has shown signs of a recovery, though economic growth is sluggish.
The move compounds Google's regulatory headaches in India.
Singh will replace Zarin Daruwala, who is set to retire on April 1, 2025.
Malhotra has been appointed for a three-year term.
Han will continue to report to Eric Jing who will remain as chairman.
