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
Deals
Tencent’s videogame merger has been blocked by China’s antitrust authority.
Last year, Tencent announced plans to integrate Huya and DouYu.
Just Arrived
Trending
Tencent’s videogame acquisition is reportedly being blocked by China’s antitrust regulator, while Singapore-based cosmetics store OsakaKuma raises $6 million and other SE Asia mergers are announced.
S Hyundai Motor will spend $100 million in SolidEnergy Systems.
Bow Wave Capital Management, based in the United States, has raised $22.7 million for a Thailand fund.
Navis Capital, based in Malaysia, has sold a share in Amazon Papyrus Chemicals to Longreach, based in Japan.
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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.
Tanglin Venture Partners, a Singapore-based venture capital firm, expects to conclude its second fund in the third quarter for $100 million.
In the aftermath of the COVID-19 issue, Indonesia’s Bank Jago is preparing to start services on the Gojek platform.
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.
Markets & Initial Public Offerings
Paytm, an Indian e-commerce company, is expected to file a draft prospectus for an IPO for $2.3 billion next week.
A primary and secondary share sale will be held, with a valuation of $24-25 billion projected.
Bank Jago of Indonesia is preparing to introduce services on the Gojek platform.
“We’re all set to go… “All we want to do now is establish a date,” Kharim Indra Gupta Siregar explained.
VC (Venture Capital) is a
Educa, a Vietnamese edtech startup, has received further funding from Alibaba-backed eWTP.
In Vietnam, Educa claims to have serviced over 500,000 students./n
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