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
People
Twitter has begun hiring in India in order to comply with the country’s new regulations.
Certain new executives must be appointed as a result of the IT guidelines.
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Twitter has begun hiring in India in order to comply with the country’s new regulations.
Thailand’s central bank has issued a warning on the use of digital assets for payments.
China’s securities regulator has formed a team to examine companies’ intentions for offshore IPOs.
Retailers oversubscribed CTOS Digital’s IPO by 27.6x Avataar, Ascent leads $16 million in CRMNEXT fundraising, and 11 India deal updates
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Bukalapak, an Indonesian company, has raised its IPO aim to above $1 billion due to high demand.
Insignia Ventures Partners is looking to establish a third fund, with a target of $250 million.
After raising stakes, Emtek Group is in talks to join forces with Grab Indonesia.
Thai Union, CJ CheilJedang, and VisVires New Protein are among the investors in Aleph Farms’ $105 million funding round.
Bank Jago is preparing to introduce services on the Gojek platform in Indonesia.
Regulations & Policy
Thailand’s central bank has issued a warning on the use of digital assets for payments.
Digital assets are not legal cash, according to the Bank of Thailand.
Regulations & Policy
China’s securities regulator has formed a team to examine companies’ intentions for offshore IPOs.
Chinese enterprises seeking to list on foreign exchanges will need to obtain approval from relevant ministries in the future.
Markets & Initial Public Offerings
The CTOS Digital IPO in Malaysia was 27.6x oversubscribed by retailers.
CTOS filed its first public offering prospectus last week and plans to list on July 19.
Avataar and Ascent Venture Capital lead a $16 million fundraising round in CRMNEXT, with 11 India transaction updates.
The cash will be used to boost the company’s employees and expand its operations abroad.
Regulations & Policy
The powerful internet regulator in China is in the forefront of efforts to rein in big tech.
China’s Cyberspace Administration imposes internet control.
Markets & Initial Public Offerings
Zomato, an Indian meal delivery service, is planning an IPO with a valuation of about $8 billion.
Its subscription period will begin on July 14th.
Regulations & Policy
Following Biden’s decision, more Chinese equities will be removed off US indexes.
The S&P Dow Jones Industrial Average will lose 25 businesses, while the FTSE Russell will lose another 20.
NeoX Biotech, a venture capital firm, has raised a Series A+ round, and there are 16 more deal updates from Greater China.
Genesis Capital led the investment in neoX Biotech.
VC (Venture Capital) is a
CCI, a Chinese smart city developer sponsored by Cisco, has closed a $154 million Series D financing.
CCI’s fresh financing comes after it collected $76 million in a pre-Series D investment seven months ago./n
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