India
BYJU’s handed out pink slips to 2,500 employees less than six months back.
BYJU's fires another 1,200 employees, more layoffs to follow
People Digest: Grab appoints SG politician to handle public affairs; FWD names new CEO
SEA Digest: SG's BandLab acquires beat platform Airbit; Indonesia's Bio Farma, SIRCLO launch Medbiz
HK-based New World weighs sale of majority stake in $1.4b premium office tower
Sequoia Capital leads $12m Series A round in SG-based Freightify
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PH’s Foxmont Capital Partners raises $21.3m for second venture fund
SG wealth management platform Kristal.AI eyes $30m Series B funding
Singapore
Ling has been an MP for the currently governing People’s Action Party for three terms since 2011.
World
The job cut is about 5% of its total workforce.
Greater China
Wang Fengying will be responsible for product planning, product portfolio management and sales operations.
Kandal joined Grab in 2019 to lead the engineering and data science teams for Geo.
Adani Group is evaluating “remedial and punitive action” against Hindenburg.
Indonesia
The firm is said to have received little interest in the auto asset so far.
Philippines
Co-founder and former CEO Francis Plaza had quit in Nov. following a complaint.
Prosus/Naspers has around 30,000 employees but most are employed at companies in their investment portfolio.
Rest of Asia
This is Partner group’s second management hire in Japan within six months.