Acquisitions
Mekong Capital sells majority stake in Vietnam’s Mutosi
Ariston now holds an 83% stake in Mutosi, while Mutosi’s management team retains 17% and will remain involved in the business, according to Mekong Capital.
Diya Lal · · 1 min read
Circle agrees $400m deal for payments startup Tazapay
About 60% of Tazapay’s transactions involve stablecoins.
Aiko Gao Ishida · · 1 min read
India’s Udaan to acquire Swiggy-owned LYNK for $53m
Bengaluru, Hyderabad, Chennai, and Kolkata generate about 75% of LYNK’s revenue.
Diya Lal · · 1 min read
German retailer Aldi takes stake in Philippine discounter Dali
Dali is a hard discount retailer in the Philippines with more than 1,300 stores.
Diya Lal · · 1 min readNykaa buys additional 24.2% stake in beauty brand Earth Rhythm
Nykaa first invested in Earth Rhythm through its US$8 million Series A round in 2022.
Minh Le · · 1 min readServiceNow buys Israeli AI startup Sweep
The deal would support ServiceNow’s push into AI agents and autonomous enterprise work.
Naomi Li Gan · · 1 min readNvidia agrees to buy Hugging Face for $13b
Regulators are focused on whether Nvidia could favor its own graphics processing units after the deal closes.
Diya Lal · · 1 min readPalo Alto Networks buys AI startup Console: sources
Two people with knowledge of the deal said it was worth US$500 million in cash and stock.
Grace Priscilla Teo · · 1 min readDelivery Hero boards back Uber’s $15b takeover offer
The company said the boards consider the offer to be in the best interests of Delivery Hero.
Diya Lal · · 1 min readYou're up to date! 🙂 Read more articles using our search!