Vietnam
Binance commits an initial investment of more than $1m over the next two years.
1
Uber, Baidu team up to launch self-driving taxis in global markets
2
No revenue, no product but AI startup Thinking Machines valued at $12b
3
Trump announces trade deal with Indonesia
4
Foundation PE, Quadria GP back Indian home healthcare provider HCAH
5
Vietnam Digest: Binance launches blockchain initiative; Net Zero Challenge 2025 kicks off
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Fake projects, shell vendors: How CROWDE allegedly funnelled $50m in loans
Vietnam’s CMC Corp to build $250m hyperscale data centre
Actis sees growing energy, digital infra opportunities in Asia
Indonesian e-commerce platforms will have to collect tax on sellers
GIC joins Partners Group-led consortium to acquire Germany’s Techem
Greater China
The city’s taxi industry has been struggling with declining income.
SpaceX is working to set up a wholly-owned unit in the country.
World
Standout deals included OpenAI’s $40b round.
The initial design capacity is 30 MW, expandable to 120 MW.
India
PE activity, however, remained relatively resilient.
A UAE-based venture calling itself Aqua 1 Foundation bought World Liberty Financial’s tokens.
The offering could be worth around $698.97m, The Mint newspaper reported.
Amazon had committed $8b in Nov 2024.
The fund will focus on batteries, smart driving, smart cockpits and embodied intelligence.