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Nest Tech to invest in Myanmar Fitness Platform Flexible Pass
Nest Tech will be joining Seed Myanmar and Yangon Capital Partners to fund a six-digit dollar funding round for Flexible Pass.
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Bukalapak acquihires second-hand goods marketplace Prelo
Prelo’s founder Fransiska Hadiwidjana will join Bukalapak as its head of business.
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Harrow Beijing students break stereotypes that Asian students can only succeed at Maths and Sciences
It was not so long ago that many people believed that Asian students struggled to learn to speak and write in English. As Chinese and other Asian students are now amongst the top students in…
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AC Energy, AMI signs US$83 million deal to jointly develop 80-MW Solar Plant in Vietnam
This marks AC Energy’s second renewable energy platform in Vietnam, after its partnership with BIM Group of Vietnam in January to develop more than 300 MW of Solar Power.
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Shandong Tourism Launches Campaign “The Story of Shandong China” on Social Network Weibo that Introducing A Bright Rising Star from Asia
Shandong, the hidden gem on eastern coast of China which is famous for its beautiful scenery and precious cultural heritage in Taoist and Confucian, now launches global campaign on social network — Weibo to accept…
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Malaysia’s Ekuinas to divest 60 percent stake in mobile transaction gateway Tranglo
Ekuinas said the divestment translates to an IRR of 26.8 percent and money multiple of 1.96 times the capital invested.
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GoWork raises US$10 million in Series A to expand co-working in Indonesia
Gowork plans to use the proceeds to expand aggressively and triple its footprint over the next year.
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Indonesia’s KinerjaPay to acquire Digital Payments firm Mitra Distribusi Utama
The acquisition is expected to be completed by the end of 2018, which will add more profit to KinerjaPay with a total sales of US$39 million.
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Tencent, KKR to invest US$175 million stakes in Philippines fintech firm Voyager
The deal would bring Tencent into direct competition with arch rival Alibaba, which entered the Philippines last year when it invested in Voyager’s competitior: Mynt.
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Red Dot Capital, Singtel Innov8 co-lead US$30 million in CTERA’s Series D funding
The cloud file service startup will use the capital to boost its presence in the Southeast Asia market, specifically in Singapore.
