Vietnam
The company now positions itself as an “AI assistant”.
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Singapore's UOB Venture Management invests in Vietnam's Bien Hoa Consumer JSC
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Warburg Pincus, Sunit Mittal may join hands to buy 49% stake in Haier India
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Automaker SAIC’s ride-hailing arm Xiangdao raises $180m, eyes HK IPO
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These were our top stories of April 2025
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Bain looks to sell China data centre business of WinTriX DC likely valued at over $4b
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Tiki’s plunge from soonicorn to sub-$10m valuation stuns investors, highlights harsh reset
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Granite Asia’s private credit fund nets $250m in anchor commitments
India
Founder and CEO Vijay Shekhar Sharma gave up 210m in ESOPs in the quarter.
Eternal said it sees the competition intensifying in the near term.
Greater China
During the quarter, the exchange saw 17 listings, raising HK$18.7b.
Indonesia
Tiket.com was the biggest contributor to the group’s Gross Profit Before Discount.
Singapore
Its revenue hit $773 million in Q1 2025 but profit dipped marginally from Q4 2024.
The company posted a net profit of $7 million.
The company posted an adjusted EBITDA of 393 billion rupiah in Q1—its highest ever.
HSBC said its stake in Bank of Communications will drop to about 16% from 19.03%
Its net profit for the three months to March 31 was 27.02 billion yuan.
