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Partner ContentDeals Intelligence

Earnings and Results

SG unicorn Carousell turns EBITDA positive in FY25 on recommerce revenue

The company posted a revenue of $141 million for the year, up 18% from the previous year.

Just InTrending

1

SG unicorn Carousell turns EBITDA positive in FY25 on recommerce revenue

2

DATA VANTAGE: Endowus allocates $10m for share buyback, and other updates

3

Indonesia's INACO, Jakarta Eye Center operator jump on debut, trigger trading halt

4

B Capital closes early-stage fund at $500m hard cap

5

Uber CEO exits Grab board as SE Asian tech giant seeks to advance foodpanda Taiwan deal

More Stories

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Opportunity for mid-market GPs in Asia infrastructure boom: Seraya Partners

2

EQT-backed HMI to buy Singapore health screening company

3

Japan’s Sapporo to invest $643m in SE Asia, Hong Kong JV with Carlsberg

4

Sendo Farm shutdown signals shift in Vietnam’s online grocery market

5

India Deal Review: CRED megadeal powers startup funding past $2b in June

Deals

DATA VANTAGE: Endowus allocates $10m for share buyback, and other updates

The proposed buyback covers 180,869 ordinary and preference shares.

Indonesia

Indonesia’s INACO, Jakarta Eye Center operator jump on debut, trigger trading halt

The strong debut came after both IPOs attracted robust demand during bookbuilding.

Venture Capital

B Capital closes early-stage fund at $500m hard cap

The latest vehicle is nearly double the size of its $254-million predecessor.

People

Uber CEO exits Grab board as SE Asian tech giant seeks to advance foodpanda Taiwan deal

Uber CEO Dara Khosrowshahi served on the board of Grab’s subsidiary since 2018.

Singapore

Opportunity for mid-market GPs in Asia infrastructure boom: Seraya Partners

Infrastructure as an asset class has typically been generating stable, long-term returns.

Singapore

EQT-backed HMI to buy Singapore health screening company

HMI’s deal comes as its PE backer is eyeing stake sale in the company.

India

IFC weighs up to $40m investment in Lok Capital’s fifth India fund

Lok Capital V is targeting up to $250 million in capital commitments.

Greater China

Tencent unit seeks up to $1.6b from sale of Kuaishou’s HK-listed shares

The sale is fully secondary, meaning Kuaishou will not receive any money from the deal. 

World

AI investors may pivot to hyperscalers from chipmakers: Morgan Stanley

It said hyperscalers could benefit from a rotation away from semiconductor stock.

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