Greater China
Meituan will buy 100% of Dingdong’s mainland China operations for $717m.
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India
Peak XV invested $8m, while existing investors InfoEdge and Chiratae infused $2.5m each.
Singapore
Grab’s capital allocation will be centered around tech, innovation, and service reliability.
Indonesia
Grab extended its regional market share from 53.8% in 2024 to 55% in 2025.
The financing was a mix of equity and credit.
The company is not issuing new shares in the IPO and will not receive any proceeds.
The financing also saw participation from Lightspeed and Z47.
Vietnam
Alibaba and SK Group are the only remaining overseas shareholders.
George Raymond Zage III, Sentient Enablers Holdings, and EDBI also invested.
The pattern is clear: the market continues to reward profitability.