Singapore
Ma Tuan Trong will assume the role of MD of Grab Vietnam.
1
Vietnam-based Dat Bike in talks to raise at least $10m in Series B funding
2
QED sharpens Asia playbook with bigger cheques, expanded footprint
3
Grab names Alejandro Osorio as new MD for Singapore
4
Employees mull legal action against BluSmart over unpaid salaries
5
Oman sovereign wealth fund in preliminary pact with Algeria for $300m fund
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Nestle India said to be in talks to invest in pet food brand Drools
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JAFCO Asia deal marks Bee Alternatives’ evolution into a multi-asset investment platform
foodpanda’s Thai exit marks churn in SE Asia’s food delivery market
SG edtech startup Manabie raises $23m Series B funding led by JIC Venture
India
BluSmart has so far failed to refund customers who had topped up their in-app ‘Blu’ wallet.
World
Shares of Berkshire closed down about 5%.
Erin Leonard’s exit follows the departure of the bank’s former chief sustainability officer, Celine Herweijer.
Indonesia
Husted may focus on fintech arm; Thohir stepping down to focus on his family business.
Greater China
Alex To, the former CEO of CDH Investments, will be based in Hong Kong.
Yeo will be succeeded by Dylan Huang.
Lim will take up the CEO’s mantle from Sept 1 after the current CEO Jimmy Phoon retires.
Rest of Asia
It has appointed Sushil Bathija as head of M&A and Vikram Chavali as head of sponsors M&A.
Chan has over 28 years of experience across markets.
