Indonesian healthy food startup Lemonilo raises funds and other SE Asia deals
DealStreetAsia has put together a table listing out main VC deals in the region this week.
SoftBank turns to foreign banks as borrowing soars
Goldman Sachs and JPMorgan are among the Japanese company’s biggest lenders.
China Digest: SigmaStar eyes $780m Shanghai IPO; XISOFT raises Series A+
Shanghai XISOFT Technology has secured $15 million in a Series A+ round led by Sequoia Capital China.
Morgan Stanley said to be closing Indonesian onshore equities business
The investment bank will carry out sales, trading and research functions from Singapore.
HSBC exits loss-making US retail banking business as part of Asia pivot
It would retain a small physical presence in the US to serve international affluent and very wealthy clients.
Temasek-backed telco Singtel weighs investment options after decades-low profit
The company is seeking minority stakes in financial services and gaming firms.
SE Asia’s e-commerce market could add $280b by onboarding more women sellers
Women account for half of all active e-commerce vendors in the region.
Australian EV charger maker Tritium valued at $1.2b in SPAC merger, to list on Nasdaq
The transaction is anticipated to generate gross cash proceeds of up to around $403m.