Yimie Yong
SEA,Startup Profiles,Indonesia,TNGlobal Q&A and Interviews
Indonesian culinary multi-brand firm Hangry eyes up to 100 outlets in 2022 while hunting for M&A targets
The company’s expansion will focus on Indonesia first before starting to expand regionally in 2024.
May 20, 2022
News,SEA,Investments,Digital Transformation,Singapore,Asia
Singapore’s Oddle raises $5M in Pre-Series B funding
Funds from this bridge round will power product development and regional market expansion in Singapore, Malaysia, Taiwan and Hong Kong.
May 20, 2022
News,Singapore,Mergers and Acquisitions
Carousell, L Catterton SPAC merger talks end – report
The special purpose acquisition company (SPAC), which reportedly has been conducting due diligence on Carousell over the past few months, has not been able to reach a merger agreement with Carousell.
May 19, 2022
Indonesia poultry tech firm Pitik raises $14M in Series A funding led by Alpha JWC Ventures
The fresh funding will also be used for aggressive team expansion. Headquartered in the Greater Jakarta Area with operations in 14 cities, Pitik aims to add dozens of deep tech engineers, operations professionals, as well as poultry experts to its current team.
May 19, 2022
News,SEA,Venture Capital,Singapore,Asia,Digital Transformation
Japan’s SBI, South Korea’s Kyobo & NTU Singapore to raise $75M venture fund
The fund aims to accelerate digital transformation in Southeast Asia and South Asia through the combined operational expertise, regional go-to-market connections and extensive industry network across the three general partners.
May 19, 2022
News,Blockchain / Crypto,Singapore
Scotch Whisky Johnnie Walker releases NFTs
The tokens unlock access to a unique piece of graphic design by artist Kode Abdo aka BossLogic.
May 18, 2022
News,SEA,Singapore,Asia,Venture Capital
Singapore’s Jungle Ventures closes a $600 million fund, AUM crosses $1B
This brings their total Assets Under Management (AUM) to over $1 billion.
May 18, 2022
News,FinTech,Thailand,SEA,Blockchain / Crypto
Zipmex invests in Thailand’s Fintech firm Forward
The investment, made by Zipmex Labs, a unit under Zipmex Group, is part of a series of investments aimed at promoting and supporting blockchain projects and entrepreneurs looking to transform the crypto ecosystem through innovative business ideas, Zipmex said.
May 17, 2022
News,Mergers and Acquisitions,Social Media
Elon Musk now says $44B Twitter deal “temporarily on hold”
"Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users," Musk wrote in a tweet.
May 13, 2022