India
India has previously refused two requests to serve the summons, the SEC said.
1
Meta's blitz acquisition of AI startup Manus draws scrutiny from Beijing
2
US-based 2080 Ventures enters SE Asia, picks Vietnam as first market
3
STAR Market reviews private rocket company LandSpace's $1.1b IPO
4
Indian payments infrastructure firm Juspay raises $50m from WestBridge Capital
5
Social commerce startup Evermos lays off nearly 40% staff
More Stories
Tokio Marine in talks to invest in SE Asian insurtech Igloo
EQT names Jean Eric Salata to succeed founder Conni Jonsson as chair
Singapore startup Level3AI bags $13m in seed round led by Lightspeed
Singapore
GIC was among six asset managers and securities firms fined.
Greater China
The company filed for bankruptcy in December.
Vietnam
V-Green has completed installation of the first 4,500 battery swap stations.
Rest of Asia
Seoul is hoping that the new AI Basic Act will position the country as a leader in the field.
World
Crime watchdog concerned that Airwallex’s transaction monitoring has not been fully calibrated to its risk profile.
Canada’s industry ministry ordered TikTok’s business to be dissolved in November 2024.
Proposed rules would reduce the ceiling on commissions from 20% to 10%.
Regulators have dispatched investigators to PDD’s Shanghai headquarters.
Ronbay said the $17b figure was the company’s own estimate.
