The leadership shuffle comes as Tencent is cutting costs in the face of a regulatory crackdown.
IPO-bound Thai firm aCommerce aims for net profitability latest by 2023
Two Tencent VPs step down, to focus on company's e-book, banking affiliates
GoTo seeks path to profitability as Gojek co-founder Kevin Aluwi steps back
Fintech platform CheQ raises $10m and other India deals
Heartening to see more women in entry-level roles at VC funds: Venturi Partners MD Rishika Chandan
Go-Ventures said to be closing $200m second fund in Q3
Endeavor Catalyst closes Fund IV at $292m, exceeds target
Former Zilingo CEO Ankiti Bose resigns from company board amid MBO talks
Global e-commerce specialist Ascential acquires SG firm Intrepid
Aluwi will be part of GoTo’s supervisory board of commissioners.
TikTok has completed migrating US user data to Oracle’s servers.
Prabhakar joined Chiratae Ventures – then IDG Ventures India – as a senior analyst in 2011.
The bidders include a consortium of Stonepeak Partners, Manila Electric Co, Partners Group Holding, and Aboitiz Group.
China does not have clear rules around NFTs.
Gojek will contribute 20% as anchor LP with the remaining coming from external investors.
The amount raised is the largest-ever for a Chinese commercial rocket launch company.
Bitcoin is now down 60.9% from the year’s high of $48,234 on March 28.
Rest of Asia
The Melbourne-based company went live in the US eight months ago.