Vietnam
Vingroup is also considering listing its hospitality unit Vinpearl and GSM, the taxi unit.
India's FirstCry set to withdraw $500m IPO papers after regulatory scrutiny
Swiggy backer Norwest Venture Partners raises $3b for latest global fund
Schroders Capital's $12.3b renewables arm to make next move in Asia
Asia Digest: ShopBack expands to NZ; Airwallex enters the US
Indian food delivery firm Swiggy gets shareholder nod to raise $1.25b in IPO
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India-focused private equity giant Kedaara Capital closes fourth fund at $1.73b
Vietnamese edtech startup Prep closes Series A round led by Cercano, Northstar
(Updated) Zilingo’s Ankiti Bose files criminal complaint against two co-founders: Report
IFC proposes to invest up to $7m in Philippines fintech startup First Circle
Anaemic Q1 fundraising casts pall over Southeast Asia’s startup landscape
Greater China
Current chief executive of Asia Chin Chou is leaving the firm.
Indonesia
Regional startups raised a meagre $1 billion in private funding in Q1, the lowest quarterly haul in over five years.
Philippines
First Circle provides loans for SMEs.
Central Huijin significantly increased its holdings of onshore ETFs.
The platform will invest in Saudi Arabia, the wider Gulf region and China.
Those new offerings will join the almost 400 “new energy” models already in China’s showrooms.
Qiankun plans to provide self-driving systems involving the driving chassis, audio and driver’s seat.
World
TikTok has argued the law violates the free speech rights of its users.
Singapore
“For us, impact is intricately linked with the financial performance of the business.”