Deals
The news comes a day after Alibaba founder Jack Ma made his first public appearance in mainland China in over a year.
Analysis
Bukalapak posted losses in all quarters of 2022 except Q1.
TikTok has grown its APAC subscribers by 3.8x since 2019 as the result of a cash-burning expansion spree.
Policy & Regulations
Partner content
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IFC proposes $69m financing package for Indian textile maker Himatsingka Seide
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Singapore
The bid-ask gap is particularly wide for Chinese, technology, and crypto assets, investors said.
India
Existing backers, Elevation Capital and RPSG Capital also joined the round.
Investments typically involve a combination of debt, equity and mezzanine instruments.
The Series A round was anchored by growth equity firm Biospring Partners.
World
Venti has been developing its self-driving for vehicles for the last three years.
BuuPass is Artha India Venture's third investment in the African continent.
The telehealth startup may be restructured into a new company with Grab and another lead investor.
Southeast Asia
HSL will use the proposed funding for its operations in Hassan and Doddaballapur.
Malaysia
The deal could value the business at around $1.36b.
Apple Pay Later will allow users to split purchases into four payments spread over six weeks with no interest or fees.
Greater China
The segment has attracted global asset managers such as BlackRock, Fidelity International and Schroders.
Indonesia
Temasek was looking to sell Advanced MedTech last year at a $1b valuation.
The deposits in question were not part of a rescue deal arranged with Flagstar Bank.
HK's proactive steps have attracted crypto and blockchain players to set up a presence in the city.
Philippines
Land Bank of the Philippines and the Development Bank of the Philippines to merge.
Tierney is currently the global head of portfolio operations and asset management at Blackstone.