India
The funding round valued the company at $200 million.
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Singapore
Sea Ltd’s Shopee became a launch partner for OpenAI’s Operator in Feb.
Swiggy’s total revenue surged 54% to $566.2m in the June quarter.
With its core verticals running smoothly, Grab is focusing on newer corners of the business.
Greater China
Alibaba, JD.com and Meituan have pledged almost $28b combined to subsidise one-hour delivery.
Myntra has raised nearly $192m from foreign investors.
Indonesia
The B2B commerce platform’s cap table is now dominated by the founder-family and Alpha JWC.
Zomato’s parent reported a 90% slump in consolidated net profit.
Vietnam
VinFast raised $510m, while Vincom Retail secured commitments for $240m.
Rest of Asia
Riyad Capital anchored the financing that valued Ninja at $1.5b.