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Deals

DeepSeek tells prospective investors it is pausing new fundraising: report

DeepSeek was targeting a valuation of about $74b.

Just InTrending

1

DeepSeek tells prospective investors it is pausing new fundraising: report

2

Shein's Hong Kong IPO prospectus reveals $99m net loss in Q1

3

Earth Fund leads $3m funding in Wiffy and other India deals

4

Editor’s Take: The Week That Was—July 20-25

5

Grab's Singapore e-wallet GrabPay reports higher profit in 2025

More Stories

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GIC reports lower return on portfolio, identifies AI as key investment focus

2

Editor’s Take: The Week That Was—July 20-25

3

Singapore’s Monk’s Hill undergoes restructuring, strategy shift

4

GIC stress-tests portfolio for climate risks, invests in untapped adaptation set 

5

Grab’s Singapore e-wallet GrabPay reports higher profit in 2025

Earnings and Results

Shein’s Hong Kong IPO prospectus reveals $99m net loss in Q1

Removal of de minimis exemption has hit sales in the US.

Deals

Earth Fund leads $3m funding in Wiffy and other India deals

The funding also saw participation from Japan’s Persol Venture Partners and existing investor Capria Ventures.

Analysis

Editor’s Take: The Week That Was—July 20-25

This week we released a report on Tech M&A transactions in SE Asia.

Earnings and Results

Grab’s Singapore e-wallet GrabPay reports higher profit in 2025

Operating costs fell and the company benefited from a deferred income tax credit.

Thailand

Vietnam tech giant FPT bets on rising AI demand in Thailand

The company is building partnerships with leading businesses, university.

Greater China

Hong Kong eases listing thresholds to draw more IPOs

The steps are part of a wider push by Hong Kong to strengthen its position as a fundraising hub.

Greater China

AI shortens drug discovery to around 1 year in China, Insilico CEO says

This gives it an edge over traditional Western pharmaceutical giants.

Greater China

China to tax offshore trusts as Beijing targets overseas wealth

The rules feature sweeping anti-avoidance provisions.

Greater China

Chinese robot maker AgiBot starts HK IPO process: report

Reuters earlier reported that AgiBot appointed banks in October.

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