Venture Capital
Alibaba Group, Meituan, Tencent, and JD.com were among the investors.
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Hesai founders' Sharpa bags $670m, unveils fully automated robot restaurant
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SEA Digest: Salim Group buys out Keppel from data centre JV; Gojek expands tie-up with ComfortDelGro
3
New China property sector rules send small developers' shares reeling
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China's Fosun International gets nod for ClubMed Hong Kong spin-off
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ComfortDelGro JV wins $2.7b contract to run Copenhagen Metro
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Analysis
Users can book ComfortDelGro’s Zig taxis through the Gojek app.
IPOs & Markets
The new measures are expected to speed up industry consolidation.
Deals
ClubMed runs more than 60 beach and mountain resorts in 25 countries.
The contract will run for 12 years until 2039, with an option to extend by a further three years.
Indonesia
The American VC firm does not plan to raise another dedicated SE Asia fund.
World
Nils Rode is also more bullish than many investors on the rise of continuation vehicles.
Vietnam
Vietnam has emerged as the biggest market in ADI’s portfolio by company count.
Greater China
The new round brought AusperBio’s fundraising total since 2024 to over $340 million.
Lenovo Group and Ingenic Semiconductor are among the cornerstone investors for the share sale.