Deals
DeepSeek was targeting a valuation of about $74b.
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DeepSeek tells prospective investors it is pausing new fundraising: report
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Shein's Hong Kong IPO prospectus reveals $99m net loss in Q1
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Earth Fund leads $3m funding in Wiffy and other India deals
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Editor’s Take: The Week That Was—July 20-25
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Grab's Singapore e-wallet GrabPay reports higher profit in 2025
More Stories
GIC reports lower return on portfolio, identifies AI as key investment focus
Singapore’s Monk’s Hill undergoes restructuring, strategy shift
GIC stress-tests portfolio for climate risks, invests in untapped adaptation set
Grab’s Singapore e-wallet GrabPay reports higher profit in 2025
Earnings and Results
Removal of de minimis exemption has hit sales in the US.
The funding also saw participation from Japan’s Persol Venture Partners and existing investor Capria Ventures.
Analysis
This week we released a report on Tech M&A transactions in SE Asia.
Operating costs fell and the company benefited from a deferred income tax credit.
Thailand
The company is building partnerships with leading businesses, university.
Greater China
The steps are part of a wider push by Hong Kong to strengthen its position as a fundraising hub.
This gives it an edge over traditional Western pharmaceutical giants.
The rules feature sweeping anti-avoidance provisions.
Reuters earlier reported that AgiBot appointed banks in October.