All News
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ESP Capital, Nextrans makes investment in social selling platform Ecomobi
Social selling platform Ecomobi has completed its second funding round from Vietnamese ESP Capital and South Korean Nextrans.
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Singapore Sovereign Wealth Fund GIC to divest Taiwan Shopping Mall in US$450 deal
GIC is selling the asset to a pension fund and local REIT at more than twice its 2008 purchase price.
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Malaysia’s fresh food e-tailer Fresh at Heart raises US$275K via Ata Plus
The startup plans to use the funding capital to expand its offline presence in urban areas and increase marketing efforts.
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Play Ventures raises US$22 million fund targeting gaming startups
Play Ventures is looking to invest both in game development studios and in startups that create tools related to video games.
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DACSEE, the world’s first decentralized community-empowered ride-sharing platform
December 24, 2018 — Ride-Sharing in Malaysia Ride-sharing was first introduced to the market in 2012. It started off as a concept that most thought would be a passing trend. However, presently, there are at…
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SPH REIT acquires 85 percent stake in Australian shopping center for US$124.5 million
SPH Reit is acquiring the property via Moelis Austhrough Figtree Holding Trust, a wholly-owned joint venture trust of SPH REIT Moelis Australia Trust.
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CVC to Explore US$1.8 Billion Sales of Malaysia-based Funeral Group Nirvana Asia
The deal for Asia’s largest funeral service provider is said to be worth between US$1.5 to US$2 billion.
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500 Startups Vietnam to launch US$100K investment accelerator programme in partnership with South Korean GS Shop
The new accelerator programme for 2019 has a total investment of US$100K, which will be used to support three batches of Vietnam-connected startups.
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Indonesia’s travel tech unicorn Traveloka acquires three regional rivals
Traveloka has reportedly paid US$66.8 million to acquire three online travel agencies through a shell company named Jet Tech.
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Rebranded GreatDay HR, Indonesian Human Resource Platform raises US$2.5 million in pre-Series A funding round
GreatDay HR was previously known as SunFish Go, which was launched by DataOn (PT. Indodev Niaga Internet) in 1999.