India
StrideOne has taken a strategic stake in MoEVing, India’s last-mile EV logistics platform
Clouds gather over Alibaba's key unit after IPO plans scrapped
Canada's Brookfield raises record $28b for infrastructure fund
OpenAI defers launch of custom GPT store to early next year
US to limit Chinese content in battery parts eligible for EV tax credits
Hozon EV unit wheels deeper into SE Asia, flags off production at Thailand plant
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Singapore
The firm has so far brought in two veterans to oversee Greater China and Australia respectively.
Malaysia
GXBank is also planning to launch a credit card in partnership with Maybank.
Greater China
The round was participated by CICC Capital, and Phoenix Tree Capital Group, among others.
World
The price range implies an equity value for the group of between $2.04 billion and $2.22 billion.
Buyers are betting the plunge in lithium prices will be short-lived.
ShipGlobal will use the funds to accelerate technology capabilities and expand to other countries.
The decision was made as global financial markets remain volatile, a third source added.
The firm has gradually increased its share in the late-stage private market through a consistent investment strategy.
Rest of Asia
The software unicorn has onboarded over 100 venture capitalists and startups from the region on its platform.
