India
The development comes ahead of the company’s merger with upGrad.
1
Small biotech firms quicker to 'latch onto' AI than big ones: Tencent's Alex Ng
2
Himalaya Wealth Managers launches SME fund, eyes $52m corpus
3
EQT, Google Cloud join hands for AI rollout
4
South Korean government-led fund to invest $533m in FuriosaAI
5
HDFC Capital ropes in Development Bank of Japan as LP for real estate PE fund
More Stories
Strategic exits to outpace IPOs in Vietnam’s F&B sector: Maestro Equity
Stablecoins’ second wave is hitting mainstream finance, as capital shifts to the rails
EQT veterans appointed as co-heads for Asia private equity business
India: Healthworld Hospitals ropes in Merfin Advisors to raise $25m amid Tier II push
Vietnam’s Pharmacity secures growth capital from LeapFrog Investments
Rapido has been valued at $3 billion on a post-money basis.
Greater China
Revenue was buoyed by government subsidies for electronic goods.
Indonesia
Currently, commission taken from drivers for each trip is capped at 20%.
Amid the cheers, the durability of GoTo’s profitability remains the key question.
The round was co-led by Susquehanna VC, Mirae, and BII.
Zomato parent posted a consolidated net profit of $18.4 million for March quarter.
In the archipelago, online grocery adoption is driven less by speed and more by convenience.
The companies fined include Pinduoduo, Meituan, and JD.com.
Thailand and Malaysia led growth with GMV surging 51.8% and 47.6%, respectively.
