Malaysia
AirAsia is arranging a $235m equity injection and financing for its extensive order book of new planes.
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Japan's Mizuho Financial raises $97m for latest startup debt fund
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AI chip startup Groq looks to raise up to $500m at $6b valuation: report
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Nvidia hits $4 trillion in market value underscoring Wall Street's faith in AI
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Bitcoin soars to all-time high, just shy of $112,000
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TikTok prepares US app with its own algorithm and user data
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Drivers protest Indonesia’s planned ride-hailing fare hikes—it’s the platform fees that hurt
Temasek disappointed by eFishery’s debacle that spooked SE Asia
Vietnamese startup 1Office raises $3m from Redbadge Pacific, others
Indian dairy startup Country Delight said to be in talks with GIC, TPG
VinFast’s V-GREEN targets sixfold increase in EV charging ports in Vietnam
Singapore
The transaction may value Equis Development at more than $2 billion, Bloomberg reported.
Greater China
Centurium Capital and Hillhouse Capital are among the contenders.
Vietnam
The company raised several million US dollars from Japanese investor Mynavi in 2023.
India
Belong is debuting with a USD fixed deposit product targeting the UAE market.
Indonesia
Sirsak plans to achieve 4,000 tonnes of waste recovery in the coming months.
ShopBack is present in 13 markets, including SE Asia, Australia, Taiwan, S Korea, and Hong Kong.
The company raised $20 million in March this year.
Rest of Asia
In May, Samsung Electronics agreed to buy Germany’s FlaktGroup for $1.68b.
Solv has issued new preference shares worth $32 million to SC Ventures.