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Private equity-backed mergers and acquisitions in Asia are set for their worst Q1 since 2015, attributed to a slowdown in dealmaking activities in China and the impact of broader economic and geopolitical uncertainties. This downturn is part of a larger trend affecting the region's tech sector, which saw a significant reduction in fundraising deals and deal values in 2023, with deals dropping by nearly 40% and values declining by 42%. Meanwhile, interest in Southeast Asia's AI scene remains high, with a focus on identifying the most active investors in Indonesia's startups and those leading AI innovation across Southeast Asia.
💡 Southeast Asia's tech sector saw a downturn in 2023, with fundraising deals dropping by nearly 40% and deal values down by 42%. discover more: https://t.co/f9rCkNVwgl
Private equity-backed mergers and acquisitions in Asia are set for their worst start to the year in nearly a decade, as a lull in dealmaking in China and broader economic and geopolitical uncertainties dragged on sentiment, data showed https://t.co/G7v7YvjUjm
Private equity-backed mergers and acquisitions in Asia are set for their worst start to the year in nearly a decade, as a lull in dealmaking in China and broader economic and geopolitical uncertainties dragged on sentiment, data showed. More here: https://t.co/Py1LCU3TeZ
