VC News Network
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Singapore Jungle Ventures Closes Second Funding Round With US$100 Million
Singapore-based investment firm Jungle Ventures has announced the closing of its second round fund which has reached US$100 million. The round was participated by Temasek Holdings, International Finance Corporation, among some.
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DBS, Bank Of Singapore Seize Opportunities For More Acquisitions In Asian Wealth Mission
Singapore banks are scaling up with DBS Group Holdings Ltd and .Bank of Singapore, Asia’s largest home-grown private bank among those in the lead as they are considering for more acquisitions.
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Philippines To Have Its Own Shark Tank Style Funding Show – I’m In
The Philippines own “Shark Tank” concept funding show – I’m In is going to connect crowdfunding and venture funding on a TV show, to find the upcoming investment-ready startup.
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ShopsUp, An Online-To-Offline (O2O) Shopping App Secures US$1 Million In Seed Funding
ShopsUp, a virtual shopping buddy which empowers customers to find the best local fashion and shopping spots has raised US$1 million in its seed funding round from two individual investors, one of which is the…
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KFit Acquires Groupon Malaysia To Expand Beyond Fitness Into Local Services
After purchasing Groupon Indonesia in August, KFit Group now acquires the company’s Malaysian operation as it pivot to become a full-fledged online-to-offline (O2O) platform.
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Black Friday Sales Mark All-Time-High With Mobile Revenue Exceeding US$1 Billion
US shoppers went all out on the festivity as Black Friday shopping has yet again surpassed its own milestone with an Adobe report tracking US$3.34 billion from the holiday sales.
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Phillipines Jollibee Completes Buyout Of Happy Bee In China
Philippines‘ Jollibee buys out partner stake in China-based food Joint Venture Happy Bee for US$10.4 million.
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China’s Ctrip.com To Buy Out Skyscanner In US$1.74 Billion Deal
China’s largest travel site, Ctrip to buy Skyscanner with deal valuing the British travel-search company at US$1.74 billion,
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Malaysia’s MaGIC, Uber, And Digi Initiate Ideation Lab – ASEAN’s Next Great Idea To Groom Selected Startups
Malaysia’s MaGIC, Uber and Digi have launched a six-day program for the top 20 shortlisted startups to learn how to develop key aspects of their future business.
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China’s HTC Places US$1.5 Billion Investment Fund In Research Center For Virtual Reality
HTC Corp recently signed a strategic partnership with Shenzhen municipal government in China, creating a RMB10 billion (about US$1.5 billion) investment fund, and a research center to boost virtual reality developments.
