Greater China
The company is looking beyond its core Greater China footprint to drive its next phase of growth.
1
Vietnam tech unicorn VNG eyes first full-year profit since trading on UPCoM
2
India Digest: Beams Fintech Fund backs NBFC; RPG Active Pharma to buy API biz
3
Blackstone private credit fund maintains 5% redemption cap
4
India's Asset Reconstruction Co eyes fee-based businesses in pre-IPO growth push
5
China’s e-commerce enters new phase as delivery price war reshapes shopping
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India
India Quotient and Equanimity Investments also participated in the round.
The move mirrors rival Blinkit.
Singapore
The National Competition Commission fined Recess $13,300.
BookMyShow’s backers also include Network18, Accel Partners, and TPG.
Wippi has raised $1.2m in a seed round led by 12 Flags.
Sales and marketing costs surged 64.5% to hold off fast-growing rivals.
Revenue surged 48.1% to $7.79 billion, while gross profit climbed 47.3% to $3.55 billion.
Profitability concerns and intense competition stunt investor enthusiasm.
Its consolidated net profit rose to $8.4m in Q2.
