Its total adjusted EBITDA losses narrowed to minus $32 million in Q1FY19 compared to minus $144.7 million in Q1FY18.
SoftBank open to partner Mexican FMCG majors as it readies Latam innovation fund
IFC sets aside $300m to invest in Indonesia’s tourism-related firms
Son names noted AI Professor Yutaka Matsuo to SoftBank board
Malaysian cloud kitchen startup dahmakan raises $5m in Series A round
Alts allocation by Asian investors to keep growing, says Willis Towers Watson’s Jayne Bok
Indian interior design startup Livspace confirms investment from Sweden’s IKEA
Vietnam’s NPL market is bigger than estimated, says IDS Argo’s Kondoh
LOGOS fully deploys Indonesian logistics venture, set to raise more capital
ESR closes Japan Logistics Fund III with initial $1.8b investment capacity
Indonesia’s Bukalapak eyes international markets with new platform
Xinyi Energy’s offering will become the second biggest first-time share sale in Hong Kong this year.
Slack is the latest tech company looking to go public this year, following the market debuts of Uber, Lyft, Pinterest, and Zoom.
Rest of Asia
The US bank is acting as stabilization agent for Arabian Centres, which may start trading this week.
Its shareholders approved the plan to take the company private and re-list it in mainland China.
OneConnect would join another unit of Ping An - Ping An Good Doctor - in listing in Hong Kong.
As many as 5 out of113 registered P2P lending startups have obtained business licenses so far.
EHT has finalised its IPO price at $0.78 per stapled security, below indications.
The IPO is one of the 10 largest in the U.S. this year among a surge of listings.
The poultry firm had secured 10 cornerstone investors, including pension fund Employees Provident Fund (EPF), AIA Bhd and Louis Dreyfus, for its IPO.
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