Rest of Asia
The acquirer is Thailand’s CarUX, a subsidiary of Innolux Corporation.
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Greater China
The fund has already exceeded its target.
Philippines
It acquired the stake in 2020 for about $124m.
India
The fund exceeded the firm’s $200-million target.
World
The cash-and-stock deal would also see Melio receiving up to $500m.
It will acquire ADK Holdings’ parent company from Bain Capital Japan.
The buyer is a fund primarily owned by minority owner Lingong Group.
Singapore
Around 12% of APAC institutions are already using AI and LLMs.
Vietnam
As of the last update, the fund had raised around $40m.
The sovereign wealth fund also funded Grok developer xAI.
