Greater China
The landmark “Chips and Science” law provides $52.7b for US chip production and R&D.
Malaysian wealthtech firm Versa aims for profitability by 2027, says GTV to double every year
Asia PE-VC Summit 2023: The Middle East is in a position to spur investments in Asia
TikTok's rise in Southeast Asia spells trouble for US rival Snapchat
US readies rules to prevent China from cashing in on $52b chip funding
PE giant KKR asks Telecom Italia to extend deadline for grid bid
More Stories
Singapore’s Growtheum Capital closes debut fund at $567m, a tad below target
Hit by China-US tensions, GGV Capital to spin off Singapore-based Asia business
Vietnamese unicorn VNG defers US IPO to April next year
Indonesia consortium invests $1.3b in new capital
TikTok’s rise in Southeast Asia spells trouble for US rival Snapchat
Vietnam
VNG had officially filed for the IPO last month.
World
The share price fall casts doubts on whether a hoped-for revival in IPOs will materialise.
US deliveries have remained low after a bleak launch into the market.
Europe could become VinFast’s biggest overseas market this year.
India
Manipal Health reportedly bought the controlling stake for about $276.5 million
The Japanese fund has invested in 27 companies in the country so far.
Indonesia
Sources indicated the company was struggling with cash management.
The Series A funding round was led by Peak XV Partners and Elevation Capital.
Rest of Asia
JIP gained 78.65% of Toshiba through the tender offer.
