Deals
PE firm intends to keep the company listed rather than take it private.
1
PAG set to acquire Evergrande Property Services
2
GoTo's profitability streak faces a market seeking firmer grounds for optimism
3
HK's PhotonPay secures $40m in Blockchain Capital-led financing
4
Ares wary of AI chip financing over GPU depreciation risks
5
Ares on track for record fundraising year on private credit, real assets strength
More Stories
Malaysia’s Sunway Group said to be leading race for Pharmaforte stake
Less than 20% of boom-era startups graduate to Series B in SE Asia
Fintech firm Fingular secures $20m credit facility for Malaysia expansion
Hesai founders’ Sharpa bags $670m, unveils fully automated robot restaurant
Asia Digest: Vingroup plans $500m PH manufacturing hub; Keppel seeks $1b for Vietnam investments
Analysis
GoTo’s turnaround is credible, but market needs proof that the improvement is durable.
Venture Capital
SBI Group, IDG Capital, GL Ventures, and Lightspeed Faction also participated.
Private Equity
The firm is targeting data centre investments in markets including Tokyo and Osaka.
Earnings and Results
The company bolstered its business through last year’s acquisition of GCP International.
World
AI is fast becoming the asset class’s biggest single theme.
The deal, DoorDash’s biggest yet, will give the company greater scale.
Total funding in the year reached a record $3.2b.
India
It is targeting a deployment of over Rs 3,000 crore and a first close planned by mid-2027.
Year to date M&A deal value is down more than 19% from last year.
