Greater China
In Feb, Alibaba confirmed its partnership with Apple to support iPhones’ AI services in China.
1
Transition VC leads funding in Promethean Energy and other India deals
2
HKIC ties up with Gobi Partners, Lanchi Ventures, Gaw Capital to support tech innovation
3
Foxconn among bidders for Wise Road Capital-owned chip firm UTAC: report
4
India's Honasa deepens retail push, eyes Mamaearth revival
5
China's Livzon buys 65% in Vietnam's Imexpharm for over $219m
More Stories
Vietnamese PE managers Excelsior Capital, ABB seal new deals
With Warburg cash still in tank, Oona Insurance hunts for next buy in SE Asia
Indonesia takes centre stage in Grab, GoTo’s fintech gold rush
SeaTown Holdings commits $89m in SG healthcare firm AddVita
Rich families set to cut share of PE exposure to lowest in five years: UBS
Chinese shoppers have increasingly become cost-conscious.
Singapore
Q1 metrics shifts bull run into higher gear driving its stock price to a 3-year high
Net income surged to $410.8m in Jan-March from $237.6m in Q4.
E-commerce players have resorted to cutting product prices and heavy discounts.
India
The new valuation marks a threefold increase from its previous valuation in April 2023.
Instamart’s gross order value doubled YoY.
Sea also inaugurated a new global HQ for its digital finance operations in SG.
The move formalises an app-to-app shopping connection between RedNote and Alibaba’s e-commerce infra.
Vietnam
The company’s CEO stepped down in Nov. 2023.
