Southeast Asia is a region in Southeast Asia.

Indonesia
Singapore\sMalaysia
Vietnam\sThailand
Philippines
Myanmar

India

Greater China is a term used to describe a

Asia’s rest

World

Internet Economy & E-Commerce

Technology

Infrastructure and Real Estate

Services in the Financial Sector

Infrastructure for Social Development

Australia’s FL0 obtains $3.8 million in venture capital; ASX-listed JCurve Solutions expands in Thailand

In a seed round led by Blackbird Ventures, FL0 has raised $3.8 million.

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FL0 raises $3.8 million in Australia; ASX-listed JCurve Solutions expands in Thailand
Indonesia Digest: OVO introduces a sharia-compliant MF product; BCA Digital debuts an app
Cathay Pacific, based in Hong Kong, has launched a lifestyle brand as travel revenue declines.
Tencent’s videogame merger is reportedly being blocked by China’s antitrust regulator, while Singapore-based beauty store OsakaKuma raises $6 million and other SE companies raise money. Asia has a lot of business.
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Malaysia’s iMedia has purchased a 100 percent share in Favful, a beauty e-commerce site.
Indonesia’s MNC Group wants to use its television viewers to promote a new digital banking business.
Bank Jago is preparing to introduce services on the Gojek platform in Indonesia.
Tanglin Venture Partners, a Singapore-based venture capital firm, expects to conclude its second fund in the third quarter for $100 million.
The COVID-19 controversy has caused a drop in startup valuations in Vietnam.

Deals Indonesia Digest: OVO introduces a sharia-compliant MF product; BCA Digital debuts an app

OVO has announced the introduction of its first shariah mutual fund.

Deals
Cathay Pacific, based in Hong Kong, has launched a lifestyle brand as travel revenue declines.

Like its sector colleagues, the Hong Kong flag airline has been heavily struck by the pandemic.

Deals
Tencent’s videogame merger has been blocked by China’s antitrust authority.

Last year, Tencent announced plans to integrate Huya and DouYu.

OsakaKuma, a Singapore-based beauty shop, raises $6 million in venture capital, among other SE Asia transactions

This week’s key VC deals in Southeast Asia have been listed in a table by DealStreetAsia.

Hyundai Motor of South Korea will spend $100 million in SolidEnergy Systems.

General Motors established a cooperation with SES in March to help with battery research.

Bow Wave Capital Management, a private equity firm based in the United States, has raised $22.7 million for a Thailand fund.

Bow Wave previously made news when it raised $26.8 million in 2020 for its ASP Philippines Fund.

Deals
Navis Capital, based in Malaysia, has sold a share in Amazon Papyrus Chemicals to Longreach, based in Japan.

In January 2014, Navis purchased a controlling share in Amazon Papyrus.

Deals Warburg Pincus will develop a $5 billion special situations real estate platform in China.

Wensheng, a Chinese special situations asset manager, has created a joint venture with the private equity firm.

Deals
SoftBank has paid $1.6 billion to Yahoo Japan to acquire the company’s rights.

Despite Yahoo’s exit from the US market, the brand remains an important aspect of SoftBank’s domestic internet company./nRead More