Earnings and Results
The bank’s total assets grew 44% year-on-year to 32.5 trillion rupiah during Jan-March 2025.
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Musk's xAI in talks to raise close to $20b from investors
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Kuwait Petroleum unit buys 25% stake in China's Wanhua Chemical Group
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India's Mahindra to buy 59% stake in SML Isuzu for $65m
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TikTok Shop said to be entering Japan soon
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Editor’s Take: The Week That Was—Apr 21-26
More Stories
Vietnam’s Masan to list its consumer unit by Q3, drops The Crown X listing
Startup funding in Greater China nearly halves in Q1
Will trade war put a pause on global GPs’ fundraising attempt in Asia?
Maya Bank’s first profitable quarter boosts faith in PH digital lenders
Current market dislocation presents long-term opportunity, says Sun Hung Kai & Co. exec
Deals
These subsidiaries comprise the Mitra, supply chain, and digital ecosystem.
Rising operational costs significantly eroded Akulaku’s bottom line.
Also read about SE Asia’s e-commerce fundraising trends in Q1 2025.
Analysis
The startup will use the funds to meet working capital needs and to add more stores.
The company has a presence in Malaysia, Singapore, the Philippines, India, and Australia.
Nium has secured $2m in capital through the allotment of preference shares to Endeavor Catalyst IV.
TikTok’s interest in Traveloka comes at a pivotal juncture for the travel tech firm.
The funding will help Medela Potentia expand its reach across domestic and regional markets.
The new JV will develop embedded insurance products tailored to Thai consumers and SMEs.
