India
Active users climbed to 16 million, up 8% from last quarter.
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FountainVest gets nod to buy majority stake in Italy's EuroGroup Laminations
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Indian brokerage platform Groww's adjusted quarterly profit jumps 24%
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Jollibee ready for US listing of international arm next year, says CFO
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Indian quick commerce brands drop '10-minute' delivery claim after govt order
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India Digest: Pee Safe, Wint Wealth raise funding
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Affirma Capital makes first close of climate transition fund
Indonesian fintech JULO’s investors eye secondary exits amid funding crunch
StateSquare Capital ropes in Taiwanese group backing for debut fund
Malaysia’s Sunway launches $2.7b takeover bid for IJM Corp
ICG exits Singapore’s PSB Academy to local investment firm
World
Losses are up from $1 billion in the first quarter.
Greater China
Domestic sales on competition from Geely and Leapmotor in the budget segment.
That will be bigger than a 15% gain in 2024 and the biggest since the pension fund was established in 1988.
Alternative investments accounted for 48.49% of CIC’s overseas portfolio as of the end of last year.
Meituan warned that it would likely remain in the red in Q4 2025 as well.
Didi operates China’s dominant ride-hailing platform and has expanded internationally.
Indonesia
New lenders also benefit from GoTo, Grab, and Sea’s ecosystems.
Alibaba’s results come against the backdrop of a costly battle in China’s “instant retail” sector.
Vietnam
VinFast signed two loan facilities during the quarter totaling $250 million
