Indonesia
For now, fintech remains a bright spot for GoTo.
1
India: A91 Partners leads $28m funding in IntrCity SmartBus
2
Data Vantage: BECIS secures $20m top-up and other updates
3
Ant International invests in R2 to widen SME loans in Latin America
4
GoTo races towards break-even, but its core engine is losing speed
5
Temasek in advanced talks to back Indian healthcare fund manager
More Stories
Ares Management enters Vietnamese healthcare with Medlatec investment
Kopi Kenangan eyes $200m raise to facilitate partial exits for Peak XV, Alpha JWC
HK’s FundPark raises $71m to ramp up global footprint, AI strengths
Singapore co-living operator Coliwoo eyes $37.2m IPO
KV Asia nears first close of $280m private equity fund for SE Asia
Singapore
After years of highs and setbacks, Sea charts its path to profitability amidst rising competition.
Greater China
The e-commerce firm has integrated the chat assistant into its Quark app.
India
Existing shareholders Elevation, Peak XV, Venture Highway and others will sell 175.7m shares.
Net profit, however, jumped 2.5x from Rs 25 crore recorded in the first quarter.
Rest of Asia
Rival SoftBank also plans to list app pay operator PayPay in the US.
Also read about the fading sheen of the SE Asian e-commerce sector, especially in Indonesia.
GIC had invested $140m during LINE MAN’s $265m unicorn round in 2022.
TikTok completed a deal in Jan 2024 to buy 75.01% of Tokopedia for $840m.
World
ByteDance will own less than 20% to comply with requirements.
