Earnings and Results
The decline highlights the challenge of reviving consumer spending amid concerns about job security.
1
JD.com records first quarterly revenue fall in over a decade
2
Bluehill.VC makes final close of debut deeptech fund at $42m
3
Slowing growth tests investor appetite ahead of Shein's Hong Kong IPO
4
Chinese chip designer Kiwimoore files for Hong Kong IPO at $2b valuation
5
China's WeRide eyes Australia, SE Asia in expansion drive after strong Q2
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GoTo to be dropped from MSCI’s Indonesia index on liquidity concerns
EQT offers to buy Australian waste management firm Cleanaway for $6.6b
Deals
The fund has attracted strong participation from institutional investors, including SIDBI.
Analysis
Shein was valued at nearly $100 billion in a 2022 fundraising round.
IPOs & Markets
Kiwimoore plans to list in Hong Kong in the first half of 2027.
Other potential markets include South Korea and Japan.
India
The round also saw participation from existing investors including Lightspeed India Partners.
Singapore
Shopee has over 3 million sellers in Brazil and it is one of the main players in the local e-commerce market.
Indonesia
GoTo’s shares have been stuck at 50 rupiah apiece since May 13.
Blacksmith has attained a valuation of $550m.
The investment follows a Rs 700-crore infusion from the Adar Poonawalla Family Office.
