ByteDance secures nearly $30b loan in mega AI push
The loan is the second-largest made in Asia this year after SoftBank raised $40 billion in March.
This source uses summary mode. Nvdium provides a summary; read the full article on the original site.
TRENDING
Trending today
Top 10- 01Italy's Meloni just hit a major political milestone. Former leaders say economic reform must follow
- 02From Trump’s takeover threats to a ‘northern neighborhood,’ why the EU chief is going to Greenland
- 03Weekend Long Read: Macao Bets on Diversification — and a New Role as China’s Bridge to the World
- 04PayPal Pauses Venture Capital Portfolio Sale After Lowball Offers
- 05Apple Set to Kick Off Yearslong Device Blitz at Wednesday Event
- 06How to see what's taking up space on your Windows PC
- 07After 8 years, Europe's BepiColombo mission is on final approach to Mercury
- 08FDIC Deposit Rule Gives Banks More Room for Business Cash
- 09OpenAI agents discussed ways to escape their sandbox on public wiki
- 10ByteDance secures nearly $30b loan in mega AI push
Anthropic shifts IPO launch to mid-Oct, eyes listing before mid-term polls
The company was expected to make its IPO prospectus public as early as next week.
India's Swiggy pares gains ahead of exit from MSCI indexes
The firm was placed in the so-called red-flag list by National Securities Depository.
Bilibili to raise $700m via convertible notes; Tencent to subscribe
Part of the proceeds will be used for AI-related initiatives.
Armed with over $15b in cash, Shein seeks acquisitions to spur growth
Shein plans to buy US brand Everlane for $80m in a step to become a platform.
Top-level exits at Indian private banks put succession planning in focus
The focus on leadership transition at top private banks comes as external challenges and competitive pressure grow in India.
Barclays seeks to double private banking headcount in Singapore by 2030
The move comes as a number of regional and global wealth managers seek to expand their footprints in the Asia-Pacific region.
China may approve Citi's brokerage unit licence this month
The approval may be granted during President Xi's planned visit to Washington in late September.
India's IPO rush in high gear as record six IPOs to open on a single day
At least five other IPOs are also scheduled to launch next week.
India: Sneaker brand Comet snags $10.5m funding led by Verlinvest
Elevation Capital and Nexus Venture Partners have also doubled down on their investment.
Announcing speakers from Partners Group, Future Standard, Sunrise Capital and Natixis
The Summit brings together senior leaders from across the private markets ecosystem.
GCash parent Mynt gets Philippine SEC clearance for landmark $1.5b IPO
Mynt plans to offer up to 1.61 billion primary shares.
India: Healthtech startup Ultrahuman raises $70m from Qualcomm, others
The company plans to scale R&D in sensing, AI, miniaturised electronics and health algorithms.
Beyond the Buyout: China’s PE recovery may see selective LP re-entry
This edition also looks at public market appetite for PE-backed healthcare companies.
KKR to acquire minority stake in Malaysia's Avisena Healthcare
The investment will support Avisena’s expansion.
Morgan Stanley PE Asia explores Omega-ClearMedi merger in India
The proposed deal will combine Omega’s cancer-care network with ClearMedi’s oncology platform.
Accel-backed Rentomojo eyes $444m valuation in India IPO
The three-day share sale opens September 9, while anchor investors will get to bid a day earlier.
Vietnam tech unicorn VNG eyes first full-year profit since trading on UPCoM
The tech unicorn more than doubled its adjusted operating profit in the first half of 2026.
India Digest: Beams Fintech Fund backs NBFC; RPG Active Pharma to buy API biz
Beams Fintech Fund has led a $23m equity investment in Business Nextgen Finance.
Blackstone private credit fund maintains 5% redemption cap
Investors sought to pull $4.3b, or 10% of shares, in Q3 from the fund.