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
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Internet Economy & E-Commerce
Technology
Infrastructure and Real Estate
Services in the Financial Sector
Infrastructure for Social Development
Deals AIA Vietnam signs a 10-year collaboration agreement with Tiki, an online marketplace.
Tiki users will be able to purchase life and health insurance from AIA Vietnam.
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AIA is an insurance company. Vietnam signs a 10-year partnership agreement with Tiki, an online marketplace.
Due to an increase in online meal ordering, India’s Zomato has raised its IPO valuation aim to $10 billion.
The Thai stock exchange is aiming for 30-50 initial public offerings (IPOs) per year, with the goal of attracting “sexy” enterprises.
FL0 raises $3.8 million in Australia; ASX-listed JCurve Solutions expands in Thailand
Indonesia Digest: OVO introduces a sharia-compliant MF product; BCA Digital debuts an app
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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.
Bank Jago is preparing to introduce services on the Gojek platform in Indonesia.
Tanglin Venture Partners, a Singapore-based venture capital firm, expects to conclude its second fund in the third quarter for $100 million.
The COVID-19 controversy has caused a drop in startup valuations in Vietnam.
Markets & Initial Public Offerings
Due to an increase in online meal ordering, India’s Zomato has raised its IPO valuation aim to $10 billion.
The company was looking for a $8 billion valuation three months ago.
Markets & Initial Public Offerings
The Thai stock exchange is aiming for 30-50 initial public offerings (IPOs) per year, with the goal of attracting “sexy” enterprises.
This year, the exchange had added 15 new listings as of June 28.
Australia’s FL0 obtains $3.8 million in venture capital; ASX-listed JCurve Solutions expands in Thailand
In a seed round led by Blackbird Ventures, FL0 has raised $3.8 million.
Deals Indonesia Digest: OVO introduces a sharia-compliant MF product; BCA Digital debuts an app
OVO has announced the introduction of its first shariah mutual fund.
Deals
Cathay Pacific, based in Hong Kong, has launched a lifestyle brand as travel revenue declines.
Like its sector colleagues, the Hong Kong flag airline has been heavily struck by the pandemic.
Deals
Tencent’s videogame merger has been blocked by China’s antitrust authority.
Last year, Tencent announced plans to integrate Huya and DouYu.
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./n
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