Indonesia
eFishery is undergoing “structural adjustments”.
1
Ant Group-owned payments firm 2C2P trims losses by 83% in 2023
2
SE Asian IPO fundraising plunges 60% in first half as Indonesia slumps
3
Thai auto sector reels under subsidies for Chinese EV makers
4
Shanghai launches $14b funds to ramp up IC, AI, biomedicine sectors
5
Private equity giant Apollo pumps $700 million into Sony Music
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L Catterton’s Asia chairman Chinta Bhagat steps down from role
Indosat’s potential sale of submarine cable and fibre assets may attract local bidders
SE Asian startups left thirsting as funding drought persists into Q2
Indonesia’s Volta plans to roll out EV scooters in more SE Asian markets
Grab calls off proposed acquisition of Singapore taxi operator Trans-cab
India
Talks surface as the company is looking to ramp up its exports and tap new markets such as the US.
The latest investment has reportedly valued OYO at $2.38 billion post-allotment.
Vietnam
VNG had withdrawn its Nasdaq IPO plan earlier this year.
Greater China
Baihang Credit is China’s first licenced personal credit agency.
Singapore
Nium said it will use the funds to further accelerate its growth plans, including hiring talent and pursuing M&A.
Grab will focus its resources on other payment intermediary services with better growth potential in the Vietnamese market.
The Times of India had reported on talks between Vijay Shekhar Sharma and Adani.
The firm last raised $100m in a Series E funding round led by Tiger Global Management and Vitruvian Partners.
Tech unicorn VNG Corporation logged net revenue of VND 7,593 billion ($298.3 million) for the year.