Indonesia
The company’s losses widened slightly to $9.23m in the year, from $8.36m in 2021.
1
Chinese copper foil maker Londian Wason prices US IPO, to raise about $95m
2
Australia sets 'world-leading' minimum pay and insurance rules for gig delivery workers
3
Sea Ltd learns to spend smarter as SE Asia's e-commerce war heats up
4
Mitsubishi-backed PE weighs exit from SG logistics firm BHS Kinetic
5
AI startup Manus to restart independent operations as Meta deal unwinds
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Sea Ltd’s Q2 profit rises 11% as e-commerce, fintech growth offsets higher costs
Greater China
It expects a net profit of 16-17b yuan versus 3b in 2021.
Singapore
Investors anticipate Q1-Q2 2023 to be a turning point in SE Asia’s private markets.
India
These deals accounted for about 47% of the total funding value in the year.
Numerous VC and PE firms have started to make their mark in SE Asia’s gateway city, challenging HK.
Together these 20 startups raised a total of $7.6 billion in 2022.
Since the beginning of 2021, at least 15 startups have received Sebi’s approval to launch an IPO.
A rebound is expected only in 2024 as next year’s pick-up is going to be slower, experts say.
Accessing private wealth will be “an attractive proposition” for GPs, experts say.
At least 25 venture-backed startups have indicated IPO plans over the next two years.
