Indonesia
Shein’s net profit fell 15.3% in 2024, reversing the sharp rebound seen a year earlier.
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Vietnam
Net profit after tax reached about $423 million.
India
PB Fintech said it would consider raising funds through a QIP.
Net revenue also surged 34%.
The company, backed by Softbank and Peak XV Partners, has been on an expansion spree to onboard more users.
Rest of Asia
The group maintained its annual profit forecast of 1.5 trillion yen for the year ended March 2026.
Paytm has been expanding into international markets and broadening its services.
World
Blackstone made $957 million selling assets in the three months to December.
The company recorded its third straight quarterly profit.
The company’s losses narrowed by 86% to $4.7 million in FY2024.
