Deals
Temasek and others join the round as new investors.
1
Upscale AI valued at $2b after funding extension; Premji Invest leads round
2
Meta to invest $900m in India's CRED, taps founder to lead WhatsApp
3
SK Hynix pips Samsung to become South Korea's most valuable company
4
Danone targets protein growth with acquisition of Australia's MADE Group
5
Indonesian telecom infra firm Bach Multi Global targets July listing
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The deal gives Meta a minority stake in CRED without allowing it access to customer data.
Analysis
SK Hynix is now the world’s most valuable memory chipmaker.
It would also buy the remaining 49% of its dairy JV with Saputo Dairy Australia.
IPOs & Markets
It becomes the third company to publish a prospectus with the country’s stock exchange on Monday.
India
He will take over from co-founder and CEO of Avendus Group Gaurav Deepak.
Indonesia
The company plans to use part of the IPO proceeds to reduce debt and strengthen its balance sheet.
Greater China
Regulators are also evaluating plans to allow mainland retail investors to subscribe to Hong Kong IPOs.
So far this year, only one venture-backed company has reached the market—BSA Logistics Indonesia.
Vietnam
If closed successfully, the deal could give some of its existing shareholders an exit.
