Alibaba Drops Cainiao IPO, Proposes $3.8B Buyout for Full Ownership
Alibaba drops Cainiao IPO, proposes $3.8B buyout for full ownership. Merger aims…
Uzum Becomes Uzbekistan’s First Unicorn with $114M Series A Funding
Uzbek e-commerce startup Uzum raises $114M to become a unicorn. The funding…
Carro Reports 67% Revenue Growth in FY 2023, Achieves Positive Adjusted EBITDA
Carro reports 67% revenue growth to $818M in FY2023. Ecosystem services drove…
Hang Seng Bank Launches $4.2B Fund to Support Hong Kong’s SMEs and Startups
Hang Seng Bank launches $4.2B fund for Hong Kong SMEs. The fund…
Techcoop Secures $5M to Empower Vietnam’s Smallholder Farmers and Agri-SMEs
Techcoop raises $5M to empower Vietnam's smallholder farmers and agri-SMEs. The agritech…
Qoala Secures $47M Series C Funding Despite Losses
Qoala raises US$47M Series C despite reporting US$22.3M net loss in 2022.…
Kamereo Raises $2.1M to Expand B2B Food-Sourcing Platform in Vietnam
Kamereo raises US$2.1M to expand B2B food-sourcing platform in Vietnam. The startup…
Philippines SEC Proceeds with Binance Ban Amid Regulatory Concerns
The Philippines SEC is set to block access to Binance due to…
Crowd Credit Invests $50M in Southeast Asia through Helicap Partnership
Japanese lending platform Crowd Credit partners with Singapore's Helicap. Helicap will connect…
Spacely AI Secures Pre-Seed Funding to Revolutionize Space Design
Spacely AI raises pre-seed funding to democratize space design using AI-powered tools.…