IPOs & Markets
VNG had officially filed for the IPO last month.
Editor’s take: The week that was—Sept 18-23
Malaysian wealthtech firm Versa aims for profitability by 2027, says GTV to double every year
Asia PE-VC Summit 2023: The Middle East is in a position to spur investments in Asia
TikTok's rise in Southeast Asia spells trouble for US rival Snapchat
US readies rules to prevent China from cashing in on $52b chip funding
Singapore’s Growtheum Capital closes debut fund at $567m, a tad below target
Hit by China-US tensions, GGV Capital to spin off Singapore-based Asia business
Vietnamese unicorn VNG defers US IPO to April next year
Indonesia consortium invests $1.3b in new capital
US deliveries have remained low after a bleak launch into the market.
Europe could become VinFast’s biggest overseas market this year.
Gene Solutions specialises in detecting the presence of certain diseases based on their DNA markers.
Biotech company Engine Biosciences received capital last week from Coronet Ventures.
It reported 11,315 deliveries for the first half of this year.
Asia PE-VC Summit 2023
Panellists at the Asia PE-VC Summit 2023 discussed frontier markets’ potential and exit concerns.
The company is seeking to fill sales, legal, and back office jobs in India.
FPT has orders for nearly 70 million chips through 2025.
Vietnamese insurtech startup Saladin has received a capital injection from Monk’s Hill Ventures.