Deals
Uzabase Inc. has completed the acquisition of Singapore-based Sealed Network.
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Indonesia prosecutors seek 18-year jail term for ex-minister Nadiem Makarim
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Indonesia’s INA taps banking veterans for CEO, leadership roles
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Tencent misses profit forecasts on rising AI investments
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Alibaba reports profit squeeze amid AI, quick commerce push
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Blackstone shelves $4b New World deal
More Stories
VinFast to transfer EV manufacturing business in $530m transaction
Beauty retailer Konvy bags $22m in Series B led by Cool Japan Fund
JALA Tech backer seeks $30m for new aquatech roll-up platform
Why Sea Ltd thrives even as its strongest business posts the thinnest margins
Asia Partners leads funding in SG’s Little Farms; Heliconia exits
Analysis
Female-led startups secured 5.2% of total deal volume and just 2.1% of total capital raised in 2024.
TreeDots, an online surplus food marketplace, reduced its net loss by 27% last year.
Digital health platform Alodokter received fresh funding from MDI Ventures this week.
Here are the most significant private equity, venture capital and startup developments from the week that went by.
“Decision was made due to deteriorating macroeconomics in Myanmar.”
Myanmar-based Rent 2 Own issued new shares to PE firm Delta Capital Myanmar and others this week.
Policy & Regulations
The two neighbours will work towards enhancing the cross-border flows of goods and people.
The Adani Group company announced the sale in May 2022 after a military coup in Myanmar
The deal will pave the way for Chevron’s exit from the Asian country.
