Deals
The deal comes months after Uber agreed in July to buy Delivery Hero in a $14.8b transaction.
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Uber bets $2.3b on ezCater to narrow gap with DoorDash
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Bain, GIC explore IPO or sale of Japan's WHI at valuation of about $3.2b
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Blackstone, Bain, Warburg prepare final bids for Fuji Media's property unit
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DeepSeek set to net over $12b in new fundraising
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PLDT unit shelves data centre REIT IPO until 2027 as market headwinds mount
More Stories
Infrastructure platform model particularly suited to Asia: I Squared Capital
Global investors target select opportunities in China’s PE market
Data centre operator DayOne files for IPO in US; reveals revenue surge
Cypress Asia launches $12.2m debut fund, New Hoong Fatt joins as LP
SG’s OneByZero secures $20m in Jungle Ventures-led Series A
Policy & Regulations
The comments follow an outcry over OpenAI’s delayed breach report.
IPOs & Markets
Net loss stood at $77.2m on revenue of $512m in H1 2026.
Zerra said it will develop and operate the WDDP campus.
Private Equity
KKR will buy Gen II from Hg, General Atlantic and other investors.
Analysis
Cumulative spending globally on data centers alone could top $30 trillion by 2050.
Prospective investors are questioning the firm’s surging valuation, citing an “unproven” track record.
Private Credit
Investors sought to withdraw $4.2b from two funds in Q3, down from $4.7b in the prior quarter.
Chey will remain the top shareholder SK Corp, the holding firm of SK Hynix.
London’s stock market has shrunk over the past decade.
