Deals
Philippines-based coffee chain operator PICKUP COFFEE has received a fresh capital injection from new investors.
Data Vantage: PICKUP COFFEE, Pawprints, ADDX, Fave and Vuihoc in focus
The Parentinc claims to have hit profitability in Jan, filings show losses surged nearly 50% in 2022
Nomura Holdings embraces private assets to beat bubble-era profits
TikTok parent ByteDance enters AI arena with Doubao
Grab reports 24% rise in revenue, lowers operating loss in Q1 2024
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Indonesian health food maker Lemonilo explores fundraising, may seek buyer
Blackstone teams up with ADIA, GIC for Haldiram Snacks bid: Report
ChrysCapital investing up to $100m in Indian eye care chain Centre for Sight
CVC Capital buys 10.4% stake in Indonesia’s Siloam International Hospitals for $240m
Sea’s e-commerce growth rides on ramp-up in live streaming and logistics efforts
Axiata and Sinar Mas have entered into a non-binding agreement.
The new fundraising comes three years after its last funding in 2021.
Earnings and Results
Its total adjusted EBITDA for the quarter fell 21% to $401m from $507m in Q1 2023.
Atlan has received funding from Singapore wealth fund GIC, Meritech Capital, Peak XV Partners and others.
Private Equity
CVC Capital is an existing shareholder in the hospital group with a 26.18% stake.
Analysis
Coffee chains are pursuing different approaches and strategies to crack the diverse SE Asian region
The exchange launched a new initiative “TSE Asia Startup Hub” to lure more foreign listings.
Policy & Regulations
With the termination of its business licence, TaniFund is required to cease all business operations immediately.
The planned merger would further consolidate companies in the telecom sector into just three big players.