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
Group ONE joins David Levy to its board of directors; theAsianparent hires a branding officer
Fiza Hasan Malhotra has been named as theAsianparent’s first chief branding officer.
Just Arrived
Trending
People Digest: David Levy joins Group ONE’s board of directors; theAsianparent employs a branding officer
Tencent’s $3.5 billion proposal to take Sogou private is approved by China’s market regulator, while Utico makes a last-ditch effort to keep Singapore’s Hyflux from being liquidated.
Emtek’s Vidio seeks money, InVideo raises $33.2 million, and more
Mathew Cyriac, a former Blackstone India co-head, is betting on an IPO hit with his Data Patterns bet.
More Accounts
Nium, a Singapore startup, obtains $78 million in Series D funding from Riverwood Capital, Vertex Growth, and others.
Emtek Group, based in Indonesia, is looking for outside capital for its video-on-demand business.
PAYFAZZ, an Indonesian fintech firm, has received an e-money license.
Southeast Asia’s earned wage access startups hold a lot of promise for investors.
Mekong Capital invests $8.8 million in LiveSpo Global, a probiotics manufacturer in Vietnam.
Deals
Tencent’s $3.5 billion bid to take Sogou private has been approved by China’s market regulator.
Tencent agreed to buy the remaining 60 percent of Sogou, which is listed on the New York Stock Exchange, in September.
Deals
Utico makes a last-ditch effort to keep Singapore’s Hyflux from going bankrupt.
Today’s pre-trial conference will set a new date for the winding up hearing.
Data Vantage: Emtek’s Vidio seeks funding, InVideo raises $33.2 million, and more
Increasingly successful video-on-demand services are attracting investors.
Markets & Initial Public Offerings
Mathew Cyriac, a former Blackstone India co-head, is betting on an IPO hit with his Data Patterns bet.
Cyriac has a reputation for turning around troubled businesses and generating massive profits.
Deals Carsome and Catcha Group team up to buy iCar Asia for $200 million.
The agreement will create Southeast Asia’s largest digital car marketplace.
Analysis
After attracting VC funding, Southeast Asia’s direct-to-consumer (DTC) firms are focusing on lowering customer acquisition expenses.
As a DTC company grows in size, online CAC rises to the point where a brick-and-mortar strategy becomes more cost effective.
Analysis
Due to the dismal macroeconomic situation, Myanmar funds have put their investment ambitions on hold.
Myanmar-focused funds, on the other hand, aren’t given up on the market just yet.
Trell, an Indian social commerce network, has raised $45 million in funding from Mirae Asset, H&M, and others.
As India’s ban on the Chinese short video app TikTok went into effect last year, Trell’s user base grew.
VC (Venture Capital) is a
XVC, a Chinese TMT investor, is looking to raise $325 million for its third venture fund.
In 2019, the Chinese venture capital firm raised around $330 million for its second fund./n
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