Deals
This week saw a flurry of earnings reports as several major companies announced their latest financial updates.
Editor's take: The week that was—May 13-18
ShawKwei & Partners leans on secondaries amid a more favourable environment
Vertex Ventures launches $64m inaugural Japan-focused fund
Crypto lender Genesis to return $3b to customers in bankruptcy liquidation
Nvidia-backed CoreWeave raises $7.5b in debt deal led by Blackstone, others
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Singapore’s finance admin startup Osome raises $17m in Series B+ round
Indonesian investment firm Saratoga said to be exiting Antangin maker Deltomed
Haidilao restaurant operator Super Hi’s shares surge 38% in strong US market debut
Analysis
Low-cost EV makers aim to replicate the success achieved in markets from Thailand to Brazil.
Philippines-based coffee chain operator PICKUP COFFEE has received a fresh capital injection from new investors.
Private Equity
HUSK will use the proceeds to streamline its operations in Cambodia and to expand into Vietnam.
Masan is reducing interest in non-core businesses.
Earnings and Results
Tech unicorn VNG Corporation logged net revenue of VND 7,593 billion ($298.3 million) for the year.
Private Credit
The firm has undergone several organisational changes to revamp its business amid intense competition.
The Philippine foray comes shortly after VinFast opened its first dealership in Indonesia.
Venture Capital
Vietnam is at the core of Reazon Capital’s global investment strategy.
The parent company of wealthtech app Hugosave has issued new shares to co-founder Ben Davies, Getz Group and others.