Greater China
The deal may contribute $60m incremental Adjusted EBITDA in 2028.
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IFC weighs $130m investment in BlackRock-managed infra debt fund
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ValueQuest S.C.A.L.E. leads $10.5m funding in MTandT Rentals and other India deals
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Editor's take: The week that was — March 23-28
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Amid volatile oil prices, green investments are accelerating in Indonesia: Danantara
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BYD's annual profit drops for first time in four years as price war hurts margins
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How Grab’s Foodpanda Taiwan deal is reminiscent of its Uber buyout
Grab buys foodpanda Taiwan for $600m, forays outside SE Asia
Grab plans to buy back up to $400m in shares
Somerset Indus Capital Partners closes third fund at $288m
Grab posts first full-year net profit in 2025, plans $500m buyback
Indonesia
The company posted gains linked to its investment in Allo Bank.
The firm’s story of approaching profitability is being powered by its financial services division.
India
The company is aiming to list in Mumbai before March 2027.
Singapore
Despite this turnaround, the market’s reaction echoed that of the 2023 sell-off.
Revenue for the full year increased 36.3% to $22.9 billion from $16.8 billion in 2024.
Unilever Ventures also doubled down on its existing investment in RAS.
Current investors Shastra VC, Antler India, and Gemba Capital joined the round.
Last August, Palmonas had raised Rs 55 crore funding led by Vertex Ventures SEA & India
MyDesignation has raised nearly $4.4 million in funding.
