Mergers & Acquisitions
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South Korea’s Woowa Brothers to buy food delivery startup Vietnammm
With the Vietnammm acquisition, Woowa Brothers will compete directly with rivals in Vietnam including GrabFood, Now by Foodie and Go-Viet’s Go-Food.
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Singapore Based Happy Marketer Group Acquired By Dentsu Aegis Network
The acquisition is a strategic step by Dentsu Aegis Network to accelerate their Asia Pacific expansion to the Southeast Asian Market.
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DollarsAndSense acquires Singapore financial planning startup fundMyLife
This acquisition aims to provide all-around financial advice for Singaporeans.
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Myanmar’s Trust Venture takes minority stake in career advisory firm Live the Dream
Live the Dream is a professional coaching and personal development training platform dedicated to the youths in Myanmar.
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EZAdvance to acquire Indian digital payment startup Alconomy
Following the acquisition, Alconomy’s technology will help EZAdvance in providing digital banking services in the Philippines.
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LankaPropertyWeb acquires local unit of property site Lamudi
Following the acquisition, LankaPropertyWeb claims that it will now host the largest collection of property listings in Sri Lanka.
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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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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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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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Robinsons Retail completes US$343 million acquisition of Rustan Supercenters
Hong Kong-based retailer Dairy Farm will own 18.25 percent of Gokongwei-owned retail firm in exchange for the full acquisition of Rustans Supercenters Inc.