Analysis
AI startup funding in China was a fraction of what US AI startups raised in 2024.
1
Despite DeepSeek success, China's AI sector faces 'enormous investment gap'
2
Blibli narrows FY24 losses as omnichannel strategy pays off
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India Digest: Country Delight Series E; Jindal Stainless-M1xchange deal; 2 am VC's fund
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Asia Digest: Temasek impact vehicle invests in India's Dozee; MoneyHero partners with PH bank
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Indian state agency raids Amazon, Flipkart warehouses in Delhi
More Stories
India: Kotak buys $122m stake in IPO-bound Tirupati as Affirma Capital exits
Investor pullback sends SE Asia PE fundraising to seven-year low in 2024
Indonesian F&B startup DailyCo eyes acquisition feast to spur growth
EQT joins star-studded race for Indian IT services firm SLK Software
Everstone, MAP sell their entire stake in Domino’s Pizza Indonesia
Earnings and Results
Disciplined expansion kept losses steady while driving meaningful top-line growth, analysts said.
Deals
Dairy brand Country Delight has reportedly secured around $25m Series E from Temasek.
Dozee has raised an $8.3m Series A5 funding round.
Policy & Regulations
The seized products either lacked the standard quality control mark, or carried fake labels, the agency said.
Greater China
Geely will integrate digital cockpit teams and investments from the Zeekr, Lynk & Co and Geely brands.
Indonesia
The Widjajas own a 65.75% stake in Sinarmas Land through their family trust.
The bank recorded a net profit of 19.88 billion rupiah in 2024, compared with a loss of 573.18 billion rupiah in 2023.
India
FirstCry plans to invest $17m in Globalbees Brands over a 12-month period.
The industry also accounted for a tenth of overall e-retail dollars spent in 2024.