Analysis
Several startups in the region are reportedly struggling to keep their bottom lines intact.
PE giant KKR to invest $400m in Malaysian subsea cable services provider OMS Group
DEG commits $25m loan for Silver Dragon Water Supply Group
Chinese coffee chains see Japan as key testing ground ahead of global expansion
Tech-enabled B2B commerce struggles to survive in Indonesia, Vietnam but hope lingers on
Indonesian investment firm Saratoga seeks to build a more sustainable portfolio
More Stories
Editor’s take: The week that was—Oct 23-28
GoTo-backed digital lender Bank Jago’s profit jumps 24% in 9M 2023
Sequoia Capital marks up the value of 15 funds, writes down four
With funding in purse, From This Island joins starry lineup of beauty brands in Indonesia
SE Asian venture funding in Jan-Sept 2023 retreats below pandemic levels
The shares fell around 7% on Thursday.
Deals
Loc Troi is one of Vietnam’s leading integrated agribusinesses.
AEON sees Vietnam as an important market in its overseas strategy.
Private Equity
Vietnam’s growth story is similar to India’s, says Sarit Chopra, a partner at the alternative asset manager.
Yorkville two years ago bought up to $400m worth of share in EV maker Lordstown.
In April this year, Prep announced raising $1m co-led by East Ventures and Cercano Management.
VinFast has sold about 13,000 electric cars over the past two quarters to GSM.
This marks the pre-Series A round for Namitech.
GIC has bought additional shares in the Vietnamese paediatric clinic operator from another investor.
