Deals
The three will jointly facilitate capital connections between Japanese financial institutions and Vietnamese enterprises.
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Indonesia prosecutors seek 18-year jail term for ex-minister Nadiem Makarim
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Indonesia’s INA taps banking veterans for CEO, leadership roles
3
Tencent misses profit forecasts on rising AI investments
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Alibaba reports profit squeeze amid AI, quick commerce push
5
Blackstone shelves $4b New World deal
More Stories
VinFast to transfer EV manufacturing business in $530m transaction
Beauty retailer Konvy bags $22m in Series B led by Cool Japan Fund
JALA Tech backer seeks $30m for new aquatech roll-up platform
Asia Partners leads funding in SG’s Little Farms; Heliconia exits
Why Sea Ltd thrives even as its strongest business posts the thinnest margins
VinFast aims to transition into a more asset-light business.
Interviews
But, exits via domestic strategic sales have proved to be an upside for local PE players.
Analysis
Rapid network growth fuels planned listing this year, testing investor appetite.
The latest round comes three years after the company raised $4 million in seed funding in 2021.
The launch of VGX seeks to tackle one of the biggest bottlenecks in EV adoption.
The firm has reserved roughly 50% of its fund for follow-on capital.
Leapfrog is said to be evaluating the investment.
The Applied AI Lab is launching with 10 research groups comprising nearly 60 researchers.
ADB expects to finance $15 billion of the digital initiative itself.
