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
Analysis
Vietnamese retailer backed by Alibaba After raising financing, CrownX plots a road to profitability.
Masan, the parent company, is working to improve its omnichannel strategy and is placing a large bet on e-groceries.
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Alibaba-backed After raising financing, Vietnamese retailer The CrownX plots a road to profitability.
Temasek and HPS Investment have sold their shares in Cypress Creek Renewables, a US solar company, to EQT.
Freetech, a Chinese autonomous driving firm, receives more than $100 million in a Series A investment. Westpac sells its New Zealand life insurance subsidiary to Fidelity Life for $281 million.
According to a source, Chinese regulators advised Didi to postpone its IPO in the United States.
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Malaysia’s iMedia has purchased a 100 percent share in Favful, a beauty e-commerce site.
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.
Without the consent of the junta, foreign telecom executives are forbidden from leaving Myanmar. Mekong Capital, a Vietnam-focused private equity group, invests in cosmetics retailer HSV Group.
Temasek and HPS Investment have sold their shares in US solar company Cypress Creek Renewables to EQT.
EQT, a Swedish private equity firm, will buy Cypress Creek as part of its fifth infrastructure fund.
Deals
Freetech, a Chinese autonomous driving startup, has raised more than $100 million in a Series A financing.
China Internet Investment Fund led the round.
Deals Westpac will sell its New Zealand life insurance subsidiary to Fidelity Life for $281 million.
The Australian bank is concentrating on core banking.
Markets & Initial Public Offerings
According to a source, Chinese regulators advised Didi to postpone its IPO in the United States.
Authorities demanded that DiDi do a network security audit.
Deals AIA Vietnam signs a 10-year partnership agreement with Tiki, an online marketplace.
Tiki users will be able to purchase life and health insurance from AIA Vietnam.
Markets & Initial Public Offerings
Due to an increase in online food ordering, India’s Zomato has raised its IPO valuation target 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” companies.
This year, the exchange had added 15 new listings as of June 28.
Australia’s FL0 raises $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 launch of its first shariah mutual fund./n
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