India
Swiggy’s revenue from supply chain services rose nearly 23% YoY in the Oct-Dec quarter.
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Swiggy to invest $115m in supply chain unit amid quick-commerce expansion
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India Digest: Head Digital Works to buy Deltatech Gaming; MobiKwik to acquire stake in Blostem Fintech
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Good Glamm said to be selling ScoopWhoop at a fraction of purchase price
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China's SAIC, Huawei join hands to develop new smart EVs
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Alibaba shares open at three year-high as revenue beats estimates
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Grab expects 2025 revenue to grow 19-22% despite uncertainties
Canada’s DFI launches first overseas office in Singapore
SG brand aggregator Una Brands CEO Kiren Tanna steps down
IFC may extend $200m loan for firms in Malaysia, Thailand & India
SFC endorses HK listing of alternative asset funds, specifies criteria for FOFs
Head Digital Works is the operator of e-gaming platforms A23 Rummy and A23 Poker.
This comes just days after the company sold another subsidiary, Sirona, back to its founders.
The tie-up sees yet another state-owned automaker betting on partnerships with Huawei to boost EV sales.
The move comes as Chinese authorities aim to boost scientific and tech innovation in schools and universities.
The Burmans got the central bank’s approval to buy more shares of Religare in Dec.
The proposed loans are for XSD Malaysia, Thailand’s Winchai, and India’s CSB Bank.
Greater China
Ping An had bought a 47.4% stake in Autohome in 2016 for $1.6b from Telstra.
iQiyi will use the proceeds to repay or repurchase existing debt securities and for general corporate purposes.
The Whole Truth has raised $15 million in its Series C funding round led by Sofina.
