Indonesia MDS raises ownership in Matahari Mall online for US$12.2 million

Indonesian retail firm MDS has increased its ownership in Global Ecommerce Indonesia (GEI), the parent company of local e-commerce startup, MatahariMall.com for a price tag of RP 164.9 billion (about US$12.2 million).

SATS to acquire 10% stake in Evergreen Sky Catering Corp for...

Singapore-listed SATS has entered into a conditional share sale agreement with Malaysia Airlines to acquire a 10 percent stake in Evergreen Sky Catering Corporation (ESCC) for RM100 million (about US$22.3 million).

Taiwan’s Next Entertainment raises US$25 million in Series A round led...

Taiwan-based Next Entertainment, a live broadcasting platform, has closed its US$25 million in Series A financing which is led by Inke with participation from FunPlus, GSR Ventures and Mayfield. The funds will be used for global expansion.

GIC, Tencent, Navlnfo to acquire a 10 per cent stake in...

GIC, Tencent, and NavInfo will be part of a consortium to acquire a 10 per cent stake in HERE as the company unveils its plans to bring its products and services to China.

SonKim Land secures US$100 million funding from Japanese investors

Through investment funds Lemon Grass Master Fund, Japanese investors continue to pour an additional US$100 million in the JSC Real Estate Son Kim Land.

Global accelerator Startupbootcamp launches digital health accelerator in Chengdu, China

Startupbootcamp, which operates a global network of industry-focused accelerator programmes, has launched their first China-based programme, a digital health accelerator in Chengdu, the capital of China’s Sichuan province. This programme marks a joint partnership between Startupbootcamp and Thinkzon, a Chinese incubator accommodating over 500 enterprises in mobile internet, software R&D, and digital media. Through this […]

Healthcare startup, eBeeCare to expand into India and China in 2017

eBeeCare, a healthcare startup is leveraging the rise of MedTech in India and China.

VinaCapital and partners to open US$4 billion Vietnam casino project in...

Vietnamese real estate investment and development firm VinaCapital Group to open a US$4 billion integrated tourism and leisure destination - operate under the name Hoiana and the property’s first phase will open in early 2019.