World
Bitcoin has soared more than 40% since the Nov. 5 US presidential election
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Manulife unit gets new Asia head amid job cuts
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Bain-backed Japanese chipmaker Kioxia's market value set at $5b
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Want to be chief of staff at Zomato? CEO says forget salary, pay $23,700 fee
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SaaS startup Podium raises $15.2m in Series A-1 funding
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Data Vantage: Mimin, Kyna, Rhea and SingX in focus
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Will Indonesia’s move to set up mammoth SWF boost its investment appeal?
Indonesian VC Ideosource winds down after over a decade
Temasek’s 65 Equity Partners buys secondaries in Tencent-backed Tuya
Singapore’s Capitaland Investment to buy initial 40% stake in SC Capital Partners
Canva-backer AirTree Ventures raises capital for two new funds
Greater China
Xpeng will launch four new models next year and ramp up overseas expansion.
The move comes a day after China pledged to encourage index investment and fund industry fee reform.
Indonesia
Danantara could potentially become the fourth largest SWF in the world.
With 90% market share of key supply chains, country’s dominance is hard to shake.
The round was co-invested by a corporate venture capital and an insurance fund.
India
Blue Tokai plans to operate about 350 cafes within the next three years.
It will support Hong Kong in bolstering its credentials as a global financial hub.
Zomato’s food delivery business accounts for about 58% of its topline with the gross order value.
The Biden administration is trying to curb what it alleges are Big Tech monopolies.
