Singapore
The latest round follows Advance’s $400m Series D round in 2021.
Berkshire Hathaway sells $59m worth of shares in Chinese EV maker BYD
Japan's SMBC, Incubate Fund launch new vehicle in SG for fintech investments
S Korean e-grocery platform Kurly raises $91m from existing investors Aspex, Anchor
Chinese automaker BYD to manufacture EVs in Vietnam
Sequoia-backed Indian edtech firm Cuemath lays off 100 employees
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Indonesian coffee chain Kopi Kenangan brews ambitious global expansion plans
Vietnam’s Sapo Technology in talks to raise $20m in new funding round
Taylor’s Education Group owners mull sale of Malaysia, Vietnam universities: Report
SEA Digest: CAV closes first fund, MoneyLion exits digital Islamic bank consortium; Salim Group backs Mimin
Climate investor TRIREC to raise $100m third fund, to close predecessor at $80m
India
Byju’s is one of India’s biggest startups, once valued at $22 billion.
Temasek Holdings has also backed legal action against Bose, the Financial Express reported.
Vietnam
Deliveries will start from May for the U.S. market and June for customers in Canada
Greater China
China’s premium car market has been dominated by German automakers.
The app will include groceries, food, pharma, electronics, home decor, and fashion.
The telehealth startup may be restructured into a new company with Grab and another lead investor.
Its revenue crossed S$1 billion during the year.
Southeast Asia
Sea announced positive net income and positive total adjusted EBITDA for Q4 2022.
The event marks ONE’s long-awaited break into the US market following years of delay.