Singapore
Garena’s latest AI-linked bets follow a lull after its investment spree around 2021 to 2022.
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Garena’s latest deals show its comeback has an AI angle
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Hunter Point Capital eyes China's billion-dollar GPs as Asia push gathers pace
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Indonesia's FLOQ raises $11m funding round amid crypto boom
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Apollo funds sell Japan's Altemira to MBK Partners
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Tiger Brokers to suspend investors in mainland China from adding new positions
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Indonesia’s AgriAku secures new capital amid business realignment
Amperesand secures $30m more from new, existing investors
OrbiMed raises $534m so far for sixth Asia healthcare fund
Golden Gate Ventures Fund IV makes first Japan bet with I.W.G investment
Brookfield PE writes its new Asia financing playbook with two covenant-light loans
India
The development comes ahead of the company’s merger with upGrad.
Rapido has been valued at $3 billion on a post-money basis.
Greater China
Revenue was buoyed by government subsidies for electronic goods.
Indonesia
Currently, commission taken from drivers for each trip is capped at 20%.
Amid the cheers, the durability of GoTo’s profitability remains the key question.
The round was co-led by Susquehanna VC, Mirae, and BII.
Zomato parent posted a consolidated net profit of $18.4 million for March quarter.
In the archipelago, online grocery adoption is driven less by speed and more by convenience.
The companies fined include Pinduoduo, Meituan, and JD.com.
