Greater China
The company’s shares will debut on the bourse on Dec. 11.
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Meituan warned that it would likely remain in the red in Q4 2025 as well.
Roles tied to AI and cloud computing will largely be protected, sources told Reuters.
India
In 10M 2025 e-commerce startups closed six megadeals that raised $1.3b.
The new fund has attracted commitments from STO Express and several insurance firms.
Rest of Asia
The would mark another step in Mubadala’s exit from Turkey.
Singapore
Shopee leverages its Brazilian operations to fuel a comeback across Latin America.
However, the company will not return to breakneck spending, says Forrest Li.
The company now expects Shopee to clock full-year GMV growth of 25%, up from the initial estimate of 20%.
Earlier, Swiggy had sold its 12% stake in the company for about $270m.
