Earnings and Results
Bukalapak attributes the performance to top-line growth, thriving take rate and excellent cost control
Bahrain's Investcorp to buy NSE's IT arm for $120m in India push
Indonesia's Bukalapak hits positive adjusted EBITDA for first time in Q1
Indonesian tech giant GoTo's losses narrow as revenue jumps in Q1 2024
CRRC Times Electric’s semiconductor unit bags over $597m equity funding
IFC, KB Kookmin Card launch $150m financing initiative in Indonesia, Thailand
More Stories
HK-based PE firm Azuremount WH closes co-control deal in AI software developer ATOM
Lured by robust exits, PE firms line up for hospital assets in India; SE Asia to follow
GoTo-backed digital lender Bank Jago’s profits surge 24% in Q1 2024
The LP View: Infra fund managers seen adopting clear climate strategy in Asia, says AIIB exec
Editor’s take: The week that was — April 22-27
The firm has signed a deal to sell its logistics and delivery businesses.
Deals
IFC said the funds will be split between KB Kookmin Card’s subsidiaries in these countries.
Analysis
The company is not shutting down its entire operations, CEO Rama Mamuaya told DealStreetAsia.
Here’s your weekly recap of the most significant developments in Asian private markets in the week that went by.
Oversight of crypto is being transferred to the OJK from Bappebti.
The NPL ratio stood at 0.6%, way below the industry average of 2.3%.
Competition, manpower shortage pose challenges as initial euphoria settles down.
A non-binding agreement may be reached in the coming months.
Regional startups raised a meagre $1 billion in private funding in Q1, the lowest quarterly haul in over five years.