Southeast Asia’s startups ride pandemic tailwinds to raise $5.7b in Q2
Funding in the first two quarters of 2021 has eclipsed the total capital raised in the whole of 2020.
Indonesian fintech startup OY! raises $44m in Series A funding
The funding round raised the startup’s valuation to nearly $108 million.
Philippines’ biggest lender BDO Unibank seeks slice of mobile payments boom
BDO Unibank early this year launched mobile wallet BDO Pay.
BlackRock Real Assets makes maiden Korean offshore wind investment
BlackRock Real Assets has acquired Korea Renewable Energy Development & Operation Holdings Co Ltd.
Ola Scooter witnesses ‘crazy demand’ as bookings open
The pricing of the scooter is yet to be revealed along with all the features.
B2B SaaS, social commerce, fintech, medtech are next SE Asia trends to watch, says Golden Gate Ventures
Fintech-only unicorns will also emerge in Southeast Asia, projected Golden Gate Ventures.
World’s largest steelmaker China Baowu plans $7.7b carbon neutral fund
The fund would have an initial investment of $1.55b.
Chinese regulators shut down cryptocurrency community Bishijie
Bishijie said it is “taking corrective measures as required”.