Mitsuru Obe
Stories by Mitsuru Obe
Fundraising slows in Asia’s once-hot private debt market
Capital raised for private debt funds in APAC dropped to a seven-year low of $5b in 2023.
Alternative investors diversify into Japan, India, Korea as China loses sheen: Preqin
Out of $14.8b raised for PE investments in APAC in Q2, $5b is earmarked for Japan.
Indonesian social commerce startup Evermos eyes IPO in two years
The company is looking at a few venues for its planned IPO, including the Jakarta market as well as the Nasdaq.
Bain Capital targets to double its investment in Japan
India, South Korea and Australia are the other markets where Bain is active within Asia-Pacific.
Digital payments outstrip credit cards in Asia’s race to go cashless
Credit card penetration remains at 10% or less in Thailand, Indonesia and Vietnam, while mobile payments are used by 47-67% of the population.
