Yimie Yong
Singapore’s PropertyGuru to debut on NYSE on Friday
The merger proposal was passed on Tuesday (March 15) at the extraordinary general meeting of Bridgetown 2.
March 17, 2022
Mergers and Acquisitions,News,SEA,Malaysia,Singapore,eCommerce,Transportation
Malaysia’s Carsome buys 51% stake in Singapore used car dealer CarTimes for $60M – report
The news comes as Carsome is said to be preparing for an initial public offering in the US later of the year.
March 17, 2022
Grab’s top execs extend stock lock-up period as share price tumbles
Grab said it believes that "this extension is a reflection of the continued, collective belief by the members of the Executive Committee in the business fundamentals and prospects of Grab".
March 15, 2022
[Updated] Indonesia’s GoTo to raise $1.25B in local IPO – report
GoTo, a merger of ride-hailing giant Gojek and e-commerce firm Tokopedia, said it plans to sell up to 52 billion Series A shares and set a price range of 316 to 346 rupiah per share.
March 15, 2022
Singapore’s MedTech startup Stratificare plans to raise $12M Pre-Series A round
The Pre-Series A funding round came after its Seed round in October last year. StratifiCare has secured close to S$1 million ($734,634) in an oversubscribed Seed round from investors including Asian Development Bank Ventures, Sprout, PatSnap CEO Jeffrey Tiong, and Carousell CEO Quek Siu Rui.
March 14, 2022
News,Blockchain / Crypto,Singapore,Investments
Income tax will apply to NFT transactions, says Singapore Finance Minister – report
This will apply to individuals who derive income from NFT transactions or from trading in NFTs.
March 11, 2022
News,Malaysia,SEA,Transportation
AirAsia Parent Capital A unable to get $120M govt-guaranteed loan
Capital A is exploring other available debt financing alternatives with acceptable terms suitable to the operations and financing requirements of the company.
March 11, 2022
Malaysia,TNGlobal Q&A and Interviews,SEA,Venture Capital
Malaysia’s RHL Ventures scouts opportunities in ESG, healthcare & financial sectors as it finalizes Hibiscus fund
“While these trends may not seem new, these themes have started gaining momentum in recent times,” the Malaysia-headquartered VC firm Co-founder and Co-Managing Partner Raja Hamzah Abidin told TechNode Global.
March 8, 2022
Sea Ltd’s Shopee exits France months after entering Europe – report
France was one of the most significant new markets for Sea, which has been embarking on an aggressive international push last year to drive growth beyond Southeast Asia.
March 2, 2022
SEA,TNGlobal Q&A and Interviews,eCommerce
Convergence between marketplaces & social media will continue in e-commerce, says Intrepid CEO Jasper Knoben [ORIGIN Innovation Awards Q&A]
In the interview, Knoben also shared what are the challenges faced by startups or innovators in this post-pandemic environment and Intrepid’s strategies to address these challenges.
March 2, 2022