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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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Malaysian PE firm Ekuinas launches fourth fund at US$240 million
Ekuinas will use the funds to continue accelerate the growth of local and high potential businesses.
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Vietnam’s Luxstay, an Airbnb-like startup secures US$3 million bridge round
Luxstay’s US$3 million bridge round received investments from CyberAgent Ventures, Y1 Ventures, and several other investors.
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BEENEXT targets at least six investments in Indonesia in 2019
The venture capital firm is looking to tap new opportunities and entrepreneurial talent in the market.
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Singapore’s EuroSports raises US$1.5 million to accelerate development of electric motorcycle EST-X model
The funds were provided by its parent company EuroSports Global (ESG), in addition to a commitment of an additional US$3 million if conditions are meet.
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MIKGroup begins sales of 1st resort on Vietnam’s Phu Quoc island
Vietnamese real estate developer MIKGroup announces it has started sales for Mövenpick Resort Waverly Phu Quoc, the luxury resort on Vietnam’s island dubbed as “The Pearl Island”, a step which could help the country’s resort…
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Singapore’s Thakral Corp enters JV Deal with UK Online Beauty Retailer CurrentBody
Thakral Corporation’s joint venture (JV) with Current Body is aimed at expanding its market in China.
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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.
