Singapore
Brazil is Sea’s fastest-growing market outside Asia.
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ZUZU Hospitality raises $5.9m Series B extension to scale AI offerings
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SG's Qapita issues shares worth $26.5m to new and existing investors
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India's TransBnk raises $25m Series B led by Swiggy-backer Bessemer
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SG’s Origgin Ventures to co-manage $30m fund for Japan deeptech spinoffs
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Logistics firm GLP secures up to $1.5b from ADIA unit
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SE Asia must break new frontiers to drive fundamental shift in AI
Greater China
Ant had agreed to buy 50.55% of the HK-listed company for $359.37m.
India
The funding round valued the company at $200 million.
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.
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.
