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
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.
Just Arrived
Trending
Utico makes a last-ditch effort to keep Singapore’s Hyflux Data Vantage from being liquidated: Emtek’s Vidio seeks cash, InVideo raises $33.2 million, and more
Mathew Cyriac, the former co-head of Blackstone India, sees Carsome and Catcha Group collaborate to buy iCar Asia in a $200 million acquisition after a successful IPO.
After attracting VC funding, Southeast Asia’s direct-to-consumer (DTC) firms are focusing on lowering customer acquisition expenses.
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.
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.
Deals DouYu, a Chinese streaming service, has called off its $5.3 billion merger with Huya.
Tencent’s efforts to consolidate the streaming services were blocked by China’s market regulator.
Markets & Initial Public Offerings
With house listings, Chinese solar behemoths want brighter valuations.
The decision comes as Chinese solar panel manufacturers return their focus from the United States to local financing markets./n
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