Deals
UOBVm will buy a 12% stake.
1
HR tech firm Rippling raises funding at $16.8b valuation from GIC, others
2
Bain to buy Mubadala-backed PCI Pharma at $10b valuation: report
3
Flash Coffee takes a break from rampant expansion to focus on Indonesia
4
Auto parts makers thrive in Thailand on EV battery rush
5
Alibaba's breakup-and-list plan takes a backseat to AI ambitions
More Stories
Singapore’s UOB Venture Management invests in Vietnam’s Bien Hoa Consumer JSC
Vietnam’s MoMo posts first full-year profit in 2024 amid strategy shift
Alibaba’s breakup-and-list plan takes a backseat to AI ambitions
Ex-KKR partner’s debut fund said to have bagged over $100m commitments
Private Equity
64% of managers raising funds in 2024 fell short of their targets.
Analysis
The company now positions itself as an “AI assistant”.
Venture Capital
The company’s CEO stepped down in Nov. 2023.
IPOs & Markets
This serves as a stepping stone towards its goal of debuting on the Ho Chi Minh City Stock Exchange by 2027.
As of August 2024, Dat Bike has raised a total of $20.5 million in funding, including debt.
Krenovator’s seed funding round was led by venture capital investor Ignite Asia.
The week saw a slew of Southeast Asian tech giants report their Q1 earnings.
Also read about funding trends of agritech startups.
US accounted for only 4% of VinFast’s total deliveries in 2024.
