Startups
Hans Patuwo gets GoTo shareholders’ nod as CEO amid investor push for Grab deal
[JAKARTA] Shareholders of Indonesia’s digital giant GoTo Group have approved the appointment of Hans Patuwo as president director and chief executive officer.
GoTo’s rebound hinges on shareholder vote as Grab merger eyed
The company’s stock has risen about 20% in Jakarta so far this quarter
China AI chip firm Biren to launch Hong Kong IPO in coming weeks: sources
The company is banking on rapid growth as China seeks to develop domestic alternatives to US semiconductors
German regulator orders oversight, limits on GIC-backed online bank N26
The measures mark the second time since 2021 that BaFin has directed a special monitor to oversee the fast-growing Berlin-based lender
Intel nears US$1.6 billion deal for AI chip startup SambaNova
Intel CEO Tan Lip-Bu is chairman of the startup
China’s DeepSeek uses banned Nvidia chips for AI model: report
Beijing has meanwhile pushed Chinese technology companies to rely on domestic equipment to develop artificial intelligence
Validus raises US$30 million Series D round led by Malaysia’s sovereign wealth fund Khazanah
Startup matches SMEs’ supply-chain financing needs to its pool of institutional investors
Vizzio secures funding from Hong Kong Science & Technology Parks, will establish new Hong Kong office
Singapore-based startup will use investment to continue its R&D and expand its sales team
Airwallex raises US$330 million Series G funding round led by Addition
The company will set up a second headquarters in San Francisco
Ex-Nvidia manager worth US$4.3 billion after blockbuster China IPO
The company’s prospectus estimates it expects to turn a profit by 2027
