Malaysia
The company will continue operating in Thailand and in the Philippines.
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Japanese brewer Kirin to sell Four Roses to Gallo for $775m
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China steps up crypto crackdown, bans offshore issuance of yuan-pegged stablecoins
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Editor’s Take: The Week That Was—Feb 2-7
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Ant International deepens push into SE Asia’s payment infrastructure stack
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Greater China
The financing will accelerate the adoption of the robots across different use cases.
Singapore
Net loss narrowed 21.7% YoY to S$22.9m, while revenue grew 14.9% to S$1.2b.
Indonesia
Ali sees stablecoins as one of the shifts that could redefine SE Asia’s payment ecosystem.
India
With six unicorns minted so far in 2025, India has already matched last year’s total count.
The round was led by Hornbill Capital.
The company attained unicorn status when it initiated the round in May.
Thailand
Net losses widened to $22.1m in FY2024 from $18.7m a year earlier.
The group had raised $80m in 2023, two years after amassing $400m at unicorn valuation.
GIC had invested $140m during LINE MAN’s $265m unicorn round in 2022.
