World
The company recently raised $1b at a valuation of over $100b.
1
GXS Bank secures another $60m from Grab
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Sumitomo Mitsui to invest another $810m in Jefferies, raise stake to 20%
3
SoftBank Vision Fund to lay off 20% of staff in shift to bold AI bets in US
4
India Quotient closes $130m fifth fund, its largest to date
5
LPs remain wary of China despite Hong Kong IPO rebound, AI boom
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NUS shortlisting buyers for secondhand fund stakes
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Grab-GoTo merger talks called off once again
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SEA Digest: Alpha JWC Ventures bags fund commitment; 24HMoney, EMIR ink pact
Vietnam
Long Chau and Pharmacity illustrate how different strategies can play out in the same market.
The EV maker reported a net loss of $812 million for the quarter ended June 30.
Realisations were up 20% YoY at $15.3 billion.
India
HOPE Technik recorded a steep decline in its topline and bottom line for FY 2024.
Singapore
Total revenue of the GIC-backed company and its subsidiaries eased marginally.
Indonesia
The losses were largely driven by a sharp increase in employee compensation costs.
Philippines
General and administrative expenses plunged.
Greater China
BYD has faced challenges in recent months as Chinese authorities have called for a halt to a bruising price war.
Cloud revenue surged 26% to 33.40 billion yuan.
