Venture Capital
Panther Mountain Capital acquired Heliconia’s shares.
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Analysis
However, the e-commerce platform accounted for nearly three quarters of Sea Ltd’s total Q1 revenue.
Earnings and Results
Adjusted EBITDA also crossed the $1-billion mark in a quarter for the first time.
The operation is likely to wind down in late May.
Deals
The company’s losses more than halved to $0.3 million in FY2025 from $1.8 million in FY2024.
The firm is selectively exploring expansion into Japan, Australia, Thailand, and the Middle East.
This week, we released our quarterly reports on startup fundraising trends in Greater China and SE Asia.
The business provides wealth protection and insurance solutions to high-net-worth clients across Asia.
Brookfield has invested in NSR through its opportunistic flagship real estate strategy.
The regulatory ground in China has shifted dramatically in the past four months.
