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
Nomura, a Japanese brokerage firm, is seeking to suspend a portion of its cash-prime brokerage business.
In the aftermath of the Archegos loss, Nomura promised to improve risk management.
Just Arrived
Trending
Nomura wants to shut down a portion of its cash-prime brokerage business.
Malaysia’s low-cost carrier
For $50 million, AirAsia buys Gojek’s Thai operations.
GLP raises an additional $1.8 billion in Japan for logistics real estate strategies.
Daojia, a Chinese home services platform sponsored by Alibaba, has filed for an IPO in New York.
Xpeng’s stock drops in Hong Kong, despite the company’s plans to expand globally.
More Accounts
After raising stakes in Grab Indonesia, Indonesia’s Bank Jago is scheduled to introduce services on the Gojek platform. Emtek Group is in talks to join forces with Grab Indonesia.
Malaysia’s iMedia buys a 100 percent ownership in beauty e-commerce platform Favful, while Mekong Capital, a Vietnam-focused private equity group, invests in cosmetics retailer HSV Group. Insignia Ventures Partners is raising its third fund, with a target of $250 million.
Deals
Malaysia’s low-cost carrier
For $50 million, AirAsia buys Gojek’s Thai operations.
The agreement comes just days after the airline applied for a Malaysian digital banking license.
In Japan, Private Equity GLP raises an additional $1.8 billion for logistics real estate strategy.
In the first half of the year, GLP Japan Income Fund raised an additional $200 million from 18 investors.
Markets & Initial Public Offerings
Daojia, a Chinese home services platform sponsored by Alibaba, has filed for an IPO in New York.
Daojia’s major stockholders include 58.com affiliates and Alibaba’s Taobao.
Markets & Initial Public Offerings
Xpeng’s stock drops in Hong Kong, despite the company’s plans to expand globally.
The carmaker is working on a number of smart car technologies.
Infra.Market, an Indian unicorn, has raised venture loan from Alteria Capital.
Infra.Market recently raised a $100 million Series C financing led by Tiger Global.
VC (Venture Capital) is a
Insignia Ventures Partners is looking to establish a third fund, with a target of $250 million.
Insignia has raised $200 million in its second fund and $120 million in its first.
In Malaysia, a deals event organizer and the army have teamed up to help digital bank aspirants.
For the five digital banking licenses up for grabs, the central bank received 29 applications.
Private equity (PE) is a type of investment
Fubon Life Insurance of Taiwan contributes $200 million to KKR’s global infrastructure fund.
The flagship global fund of KKR is looking to raise $12 billion.
Deals
SBI Holdings of Japan invests in AND Global, a Singapore-based microlender.
SBI was one of the investors in the startup’s $15.3 million private placement round./n
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