Greater China
Tesla rolled out FSD four years ago but has yet to make it available in China.
CRRC Times Electric’s semiconductor unit bags over $597m equity funding
IFC, KB Kookmin Card launch $150m financing initiative in Indonesia, Thailand
PayU leads $5m funding in BRISKPE and India deals worth $93m
Indonesian media firm DailySocial lays off entire workforce amid "transition"
IFC mulls $60m investment in Indian shadow lender Five Star
More Stories
GoTo-backed digital lender Bank Jago’s profits surge 24% in Q1 2024
HK-based PE firm Azuremount WH closes co-control deal in AI software developer ATOM
Lured by robust exits, PE firms line up for hospital assets in India; SE Asia to follow
Editor’s take: The week that was — April 22-27
The LP View: Infra fund managers seen adopting clear climate strategy in Asia, says AIIB exec
Wong will serve as an advisor to the board for the remainder of the calendar year.
It is seeking candidates with expertise in business development, user acquisition, and customer retention.
Rest of Asia
Imatsu will retain his roles as co-head of global interest rates and co-head of the Asia Pacific fixed income, currency and commodities.
Malaysia
Fernandes said the company’s board requested him to stay on.
HKEX also reported a 13% drop in Q1 2024 profit.
Indonesia
Zoomcar is planning to expand its business to other parts of the country.
Singapore
Once hailed as a rising star from SE Asia, the startup had raised over $310m from marquee names.
Lu will be responsible for the overall management of the company.
Dhawan will continue to be Citi’s head of emerging corporates for Asia.