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Malaysian Fintech Startup MoneyMatch Granted Remittance License
The startup has expanded into a 50-person team and processed a total amount of transactions of more than MYR450M ( ~US$109M).
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Singapore’s MindChamps buys 8 Australian preschools for US$29 million
8/4/2019 – SGX-listed MindChamps Preschool Limited, through its wholly-owned subsidiary has entered into an agreement to buy eight early learning centers in Sydney from the Malek Family for A$40.84 million (about US$29 million). The eight…
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MyEG Capital makes US$1.5 million investment in Chinese edtech startup Jingle Magic
5/4/2019 – My E.G. Services Bhd, otherwise known as MyEG, through its wholly-owned unit MyEG Capital Sdn Bhd is investing 10 million yuan investment (about US$1.5 million) in Chinese education technology group Jingle Magic (Beijing)…
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Philippine Based Edtech Startup Edukasyon Acquires Academic Directory Site
The acquisition deal value was not disclosed by both parties.
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Vietnamese conglomerate Vingroup to buy Shop&Go stores for US$1
The unprecedented deal in Vietnam’s retail industry was proposed by the chain owner.
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Malaysian Based Startup TheLorry Successfully Raises Series B Fund
The funding would be used to support TheLorry’s regional expansion in its home country Malaysia and neighbouring countries Thailand, Singapore and Indonesia.
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Indoneisan Unicorn Go-Jek to seal investment deals in Rebel Foods, MPL
The move is aimed at improving Go-Jek’s food delivery business, GoFood to go up against competitor GrabFood.
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Vietnamese Leading Electronic Gift Company UrBox Raises Seed Round
UrBox provides tailored service for companies seeking to collaborate with merchants to enhance their reward programs.
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Singapore Based Startup Carro Launches Subscription-Based Car Service
Carro, Southeast Asia’s largest used-car marketplace is expanding their service.
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Singapore’s State Investor Temasek picks up US$29 million worth of shares in VNG
This transaction places VNG valuation at US$2.2 billion.
