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
Alpha JWC, an Indonesian venture capital firm, has filed for a $300 million third VC fund.
Its second fund, worth $123 million, was closed in 2019.
Just Arrived
Trending
Alpha JWC of Indonesia has filed for a $300 million third venture capital fund.
Unicorns from Indonesia Bukalapak is expected to have a first-mover advantage in the market’s debut.
Tencent invests $40 million in a debt-backed music streaming app in India. Gaana
Bintang Capital in Malaysia is looking to fund $72 million for a new vehicle by the end of September.
Indian e-commerce companies would write to the government to express their opposition to the proposed laws.
More Accounts
According to reports, SG’s Zilingo has raised $35 million in capital from existing shareholders.
In July, SG’s Vertex Growth will complete the first closure of its $330 million second fund.
[Updated] Lazada’s board of directors loses two directors, who are replaced by Alibaba executives.
Dau Tieng Tay Ninh Energy of Vietnam receives a $160.5 million loan from the Asian Development Bank.
CapitaLand is selling a portion of its interest in six Raffles City projects in China.
Analysis
Bukalapak, an Indonesian unicorn, is ready to take first-mover advantage in its market launch.
Bukalapak is planning an IDX IPO in the middle of the year, which would make it the region’s first listed unicorn of its generation.
Tencent makes a $40 million debt investment in Gaana, an Indian music streaming app.
In August of last year, Gaana raised $50 million in loans from Tencent.
Bintang Capital, a Malaysian private equity firm, is looking to fund $72 million for a new vehicle by the end of September.
It is one of the fund managers participating in the Penjana Nasional Fund project, which is supported by the government.
Regulations & Policy
Indian e-commerce companies would write to the government to express their opposition to the proposed laws.
E-commerce behemoths are already prohibited from owning or controlling businesses that sell on their marketplace.
Deals
Chikyoren, a Japanese company, has hired Barings and Mitsui Real Estate to handle its alternative mandate.
Chikyoren is the second-largest pension fund in Japan.
Deals
SoftBank, a Japanese conglomerate, has scaled back its robotics sector and halted development of Pepper.
Pepper was created to fill labor shortages, but it had trouble finding a global consumer base.
India: Sebi’s latest plan could lead to a rush of “taking private” deals. M&As
After an acquisition triggers an open offer, the document lays out an easier path to delisting.
Markets & Initial Public Offerings
Dingdong, a Chinese grocery app, has slashed its IPO aim in the United States by more than 70%.
The startup, which is funded by SoftBank, is now aiming to raise up to $94.4 million.
In its first SE Asia investment, London-based venture capital firm Hedosophia backs Indonesia’s BukuKas.
BukuKas announced a $50 million Series B investment in May, with Hedosophia as the primary investor.
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