Indonesia
An estimated 1,070 employees have been laid off since the Tokopedia–TikTok Shop merger in Jan 2024.
1
Alibaba misses Q1 revenue estimates despite strong cloud show
2
Ambani-owned Reliance Jio to file for IPO by first half of 2026
3
Traditionally early-stage Indian VC Elevation Capital raises $400m for late-stage bets
4
India Digest: Vutto, SAVE Microfinance raise funding
5
Beyond The Buyout: Rich Asians don’t love every private credit strategy
More Stories
Indonesian SaaS startup Mekari restructures ownership, buys local commerce platform
How GCash’s profit machine is powering its mega IPO bid
Secondaries becoming default exit path in parts of Asia: S Korea’s Shinhan
Olam to shut down Jiva Ag amid “difficult market conditions”
Temasek shuffles top deck, splits portfolio into three new entities
World
Villagra was promoted to the chief people officer role in March.
India
Nazkani will drive BharatPe’s investment strategy and oversee strategic opportunities.
Hines will advise on digital assets and US market strategy.
Hines was the backer of the GENIUS Act.
Greater China
His release comes as Beijing seeks to boost business confidence, particularly among the country’s tech entrepreneurs.
Zhang Yong worked at Alibaba for 16 years.
BlueFive Capital will target Gulf wealth for post-oil investments in innovation and growth.
Gunadi is being probed in Indonesia for fraud involving Investree.
He is said to be developing an AI-powered platform for back-office and customer support functions.
