Deals
Following the move, Uber would hold around 2.98% of the Delivery Hero’s new share capital.
Sea's e-commerce growth rides on ramp-up in live streaming and logistics efforts
Indonesian health food maker Lemonilo explores fundraising, may seek buyer
India: Early-stage accelerator 9Unicorns rebrands, launches second fund
HKUST sets up Redbird Innovation Fund to pool $256m for startups in its ecosystem
ChrysCapital investing up to $100m in Indian eye care chain Centre for Sight
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CVC Capital buys 10.4% stake in Indonesia’s Siloam International Hospitals for $240m
India: Multiples PE joins race to invest in furniture hardware firm Ebco
SE Asia Deal Review: Startup funding nosedives to record low of $227m in April
Haidilao hotpot restaurant operator Super Hi targets $1.38b valuation in US IPO
Geologist Bidco Limited, wholly owned by funds advised by KKR, will pay 480 pence in cash for each IQGeo share.
Policy & Regulations
The new measures impact $18 billion in Chinese imported goods, including steel and aluminum, and semiconductors.
Analysis
New audio capabilities enable users to speak to ChatGPT.
Venture Capital
The new fund will be Accel’s eighth since opening its London office in 2000.
Squarespace went public in May 2021 and was valued at $6.5 billion in its market debut.
Each incident involved a Toyota Highlander equipped with the Zoox automated driving system.
The latest Biosecure Act also adds WuXi Biologics to a list of biotech companies of concern.
OpenAI’s search product is an extension of its flagship ChatGPT product.
IPOs & Markets
The plan for a US IPO is still officially on the table.