Greater China
The firm posted its weakest quarterly profit growth since 2022, while revenue growth slowed to a nearly 4-year low.
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Indonesia
Bukalapak attributes the performance to top-line growth, thriving take rate and excellent cost control
The firm has signed a deal to sell its logistics and delivery businesses.
World
Alphabet and Microsoft ignited a rally in tech stocks on Friday.
The NPL ratio stood at 0.6%, way below the industry average of 2.3%.
Marketing expenses, which rose 76% YoY, were among the company’s biggest costs in 2022.
Singapore
Atome BNPL turned profitable in Q1 2024.
Blackstone’s net profit from asset sales fell 25% to $293.3 million as it cashed out fewer assets across its PE and credit portfolios.
Waresix generates revenue from services and freight forwarding as well as warehouse rental income.
The firm posted a 36% jump in profit.