Analysis
Garena’s latest AI-linked bets follow a lull after its investment spree around 2021 to 2022.
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Garena’s latest deals show its comeback has an AI angle
2
Hunter Point Capital eyes China's billion-dollar GPs as Asia push gathers pace
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Indonesia's FLOQ raises $11m funding round amid crypto boom
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Apollo funds sell Japan's Altemira to MBK Partners
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Tiger Brokers to suspend investors in mainland China from adding new positions
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Private Equity
Singapore is also an area of activity, with a number of managers continuing to grow there.
Deals
The company has secured funding from a group of strategic and institutional investors.
The deal cost was expected to be around $827m.
Policy & Regulations
Tiger said investors can still trade overseas.
Greater China
Revenue rose 10.3% to 58.7 billion yuan.
The purchase would be funded by newly issued shares and cash.
World
The management at CLI will be unchanged after the deal.
India
The loan will meet Vishwa Samudra Group’s funding requirements for two highway projects.
MUFG has been investing in Indian fintech startups through its $300m Ganesha Fund.
