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
Regulations & Policy
China’s cyberspace administration has ordered the removal of 25 Didi-operated applications.
Didi’s delivery service, camera device, and finance services are among the apps available.
Just Arrived
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China’s cyberspace administration has ordered the removal of 25 Didi-operated applications.
Tsinghua Unigroup, a Chinese chip behemoth, claims creditors have called for restructuring Malaysia, 1MDB seeks over $5.6 billion in damages from audit firm KPMG.
Ninjas in Pyjamas, a Swedish esports powerhouse, is merging with a Chinese rival in the hopes of achieving a US listing.
Following the Gojek transaction, AirAsia is on the verge of securing two more in its digital business expansion.
Bukalapak, an Indonesian company, has raised its IPO aim to above $1 billion due to high demand.
Bukalapak, an Indonesian company, is planning an IPO that might raise up to $1.5 billion, making it the largest in IDX history.
ESR, a real estate platform in APAC, has been sold by Warburg Pincus.
Prosperity7 Ventures, a subsidiary of Saudi Aramco, has invested in Chinese robotics firm Fourier.
Regulations & Policy
Over Xinjiang, the US has added 14 Chinese entities to its economic blacklist.
Some of China’s top AI startups were included on the Trump administration’s economic blacklist in 2019.
Regulations & Policy
Tsinghua Unigroup, a Chinese chip behemoth, says creditors have requested a restructuring.
Tsinghua Unigroup’s indebtedness grew as a result of a spate of acquisitions that failed to pay off.
Regulations & Policy
Malaysia and 1MDB are suing KPMG for $5.6 billion in damages.
The claim brought against 44 current and former partners will be “vigorously” contested by KPMG.
Ninjas in Pyjamas, a Swedish esports giant, has agreed to merge with a Chinese competitor and is aiming for a US listing.
The merger with China’s ESV5 will be accomplished through an equity swap.
Unicorns
SoftBank is considering a $200 million investment in an Indian online pharmacy. PharmEasy
In the new investment round, PharmEasy is seeking a valuation of $5.6 billion.
Logen, a Korean parcel delivery company, was sold for $324 million by private equity firm Baring PE Asia.
In 2013, BPEA paid an unknown sum for 100 percent ownership of Logen.
Crystal Stream invests in EMaxAB, and Singularity Data receives roughly $10 million in venture capital from China.
MaxAB’s total funding now stands at $46.2 million after the Series A investment.
Temasek and Warburg Pincus will invest $500 million in India’s Ola ahead of its IPO.
Its current round of funding comes as a number of well-known Indian businesses prepare to go public.
IPOs & Markets India: Kotak pre-IPO Opportunities Fund closes at $185 million for the first time.
The fund’s initial aim was a corpus of Rs 1,000 crore, which was quickly exceeded three months after its creation./n
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