Deals
Xendit first made a strategic investment in Dragonpay in 2021.
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China's Nexchip Semiconductor targets $890m Hong Kong share sale
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Zhipu AI looks to raise $4b from HK share sale as stock surges
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Flip announces strategic partnership with India's Paytm
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India: Elevate Education raises $18m from PE firm WestBridge Capital
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S Korea's Rebellions eyes IPO next year, followed by potential US listing
More Stories
TPG in talks to acquire SE Asian elderly-care provider Active Global
SeaTown scores first PE exit after Foundation Healthcare’s $186m IPO
Danantara completes merger of four state-owned asset managers
India’s Sundaram Alternates raises $127m fund, largely backed by domestic LPs
DALI trims 2025 losses as revenue tops $840m, costs remain a drag
A.P. Moller Capital has completed its 40% stake acquisition in Ayala unit AC Logistics Holdings Corp.
Earnings and Results
PH retailer DALI’s store rollout increased its lease-related costs.
The proposed buyback covers 180,869 ordinary and preference shares.
Analysis
News, views, earnings reports and more in our weekly recap.
The latest infusion follows a $10.4m capital injection in April last year
Etaily said the fresh capital is intended to support the company’s growth in Malaysia, Singapore, and Indonesia.
The Philippines accounted for 55% of overall revenue.
IPOs & Markets
The IPO would also test investor demand for fintech firms in SE Asia.
Navegar Fund III has a target of $250m.