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IPOs & Markets

Taiwanese battery maker ProLogium to list on Nasdaq in $3.8b SPAC deal

The deal will allow ProLogium to expand into data centres, aerospace, robotics and defense.

Just InTrending

1

Taiwanese battery maker ProLogium to list on Nasdaq in $3.8b SPAC deal

2

India's MobiKwik targets $500m NBFC loan book

3

China's PDD misses revenue estimates as e-commerce demand softens

4

Tencent onboards PayPal users on WeChat Pay network

5

Indian PE firm True North picks minority stake in pharma firm Embio

More Stories

1

Private capital sponsors turn inward amid SE Asia’s exit slowdown

2

Australian govt’s impact investment vehicle commits $10m to Do Ventures Fund II

3

Hahn & Co weighs secondary sale in medical aesthetics company

4

Moonfare rides family office wave as Australia drives growth in APAC

5

Japan’s Genesia Ventures closes Fund IV at $113m

Deals

India’s MobiKwik targets $500m NBFC loan book

Currently, it operates as a lending service provider, distributing loans through partner lenders.

Earnings and Results

China’s PDD misses revenue estimates as e-commerce demand softens

PDD Holdings reported a 15% fall in first-quarter net income and revenue. 

Deals

Tencent onboards PayPal users on WeChat Pay network

US PayPal users can now make purchases across China using WeChat Pay’s QR-code merchant network.

Deals

Indian PE firm True North picks minority stake in pharma firm Embio

The investment confirms an earlier DealStreetAsia report that said the two sides were in talks.

India

India Byju’s founder faces Singapore contempt order over unpaid funds

The order relates to a $150m loan from QIA to Byju’s Singapore-based investment firm.

World

KKR, Capital Group launch public-private credit strategy in Asia, Europe

The fund offers a 60:40 mix of public and private credit assets.

Rest of Asia

SK Hynix joins $1t club after Samsung, Micron on AI chip boom

Shares of SK Hynix jumped as much as 14.9%.

World

AustralianSuper names Shaun Manuell as its next CIO

Manuell will replace the outgoing Mark Delaney.

India

India: Growth-stage VC Physis Capital makes final close of debut fund at $42m

The firm invests in startups from pre-Series A to Series B stages.

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