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Analysis

Meta’s blitz acquisition of AI startup Manus draws scrutiny from Beijing

The entire process of Meta’s acquisition of Manus took roughly 20 days.

Just InTrending

1

Meta's blitz acquisition of AI startup Manus draws scrutiny from Beijing

2

US-based 2080 Ventures enters SE Asia, picks Vietnam as first market

3

STAR Market reviews private rocket company LandSpace's $1.1b IPO

4

Indian payments infrastructure firm Juspay raises $50m from WestBridge Capital

5

Social commerce startup Evermos lays off nearly 40% staff

More Stories

1

Tokio Marine in talks to invest in SE Asian insurtech Igloo

2

US-based 2080 Ventures enters SE Asia, picks Vietnam as first market

3

Social commerce startup Evermos lays off nearly 40% staff

4

Singapore startup Level3AI bags $13m in seed round led by Lightspeed

5

EQT names Jean Eric Salata to succeed founder Conni Jonsson as chair

Interviews

US-based 2080 Ventures enters SE Asia, picks Vietnam as first market

To date, 880 startups have graduated from its accelerator programmes.

IPOs & Markets

STAR Market reviews private rocket company LandSpace’s $1.1b IPO

Move underscores Beijing’s push to draw private capital into space sector.

Deals

Indian payments infrastructure firm Juspay raises $50m from WestBridge Capital

The investment pegs the valuation of the company at $1.2 billion.

People

Social commerce startup Evermos lays off nearly 40% staff

Around 220 employees were fired across the business, operations, and support teams.

India

Adani group shares fall as US SEC seeks to bypass Indian govt to serve summons

India has previously refused two requests to serve the summons, the SEC said.

Indonesia

SEA Digest: Vietnam’s Highlands Coffee; Indonesia’s PT Merdeka Gold Resources weigh IPOs

DealStreetAsia first reported last April that Highlands Coffee is reviving listing plans amid surging demand.

Singapore

SG Digest: GIC agent fined in S Korea; SGX plans board lot cuts

GIC was among six asset managers and securities firms fined.

Indonesia

Danantara Indonesia to deploy up to $14b this year: CIO

Danantara expects a second issuance of its ‘Patriot’ bonds in the next one to two months.

Greater China

HK-listed J&T aims to raise $596m for tech, overseas expansion

The company will raise the sum through the issuance of convertible bonds.

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