Mergers and Acquisitions
Malaysia’s unicorn Carsome acquires WapCar & AutoFun Businesses
The partnership will enable Carsome to capture and serve customers from their early stage of car exploration and bring a more engaging and fun experience to the car transaction and ownership journey.
Germany’s Soundcloud acquires Singapore music AI firm Musiio
Germany music entertainment firm SoundCloud announced Tuesday it has acquired Musiio, a Singapore-based music artificial intelligence (AI) firm. Musiio will amplify SoundCloud’s existing music intelligence capabilities and allow the company to further leverage its vast data to identify what’s next in music trends and talent.
Singapore’s The Parentinc acquires Vietnam women online community Webtretho
The Parentinc, a Singapore-based community platform for parents, announced Thursday the successful completion of acquisition of Webtretho, a Vietnam-based women and parenting community.
FamilyMart makes strategic investment in Japanese e-scooter sharing firm Luup
Japan-based convenient store chain FamilyMart Co.,Ltd. announced Friday that it has made a strategic investment in Luup, Inc. a Japanese e-scooter and e-bike sharing service provider. Through this partnership, the two companies will begin full-scale collaboration, including the installation of LUUP ports at FamilyMart stores and joint marketing effort.
Indonesia’s Xendit makes strategic investment in Bank Sahabat Sampoerna
Xendit, an Indonesia-based financial technology company that provides payment solutions, said Thursday it has made a strategic investment in Bank Sahabat Sampoerna, an Indonesian private bank that focuses on micro, small and medium-sized enterprise (SME) businesses, as well as banking-as-a-service for technology-enabled businesses.
NASDAQ-listed SPAC 8i Acquisition 2 merges with Singapore digital health platform EUDA Health
EUDA Health Limited, a Singapore-based digital health platform, and 8i Acquisition 2 Corp. (8i)(NASDAQ: LAX), a publicly traded special purpose acquisition company, announced Tuesday that they have entered into a definitive business combination agreement that will result in EUDA Health Limited becoming a publicly listed company
Hong Kong’s Animoca Brands acquires French racing game developer Eden Games
Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the metaverse, announced Monday it has completed the acquisition of 100 percent of the issued capital of French racing game developer Eden Games S.A.S. from Engine Gaming & Media. Animoca Brands will leverage the expertise and capabilities of Eden Games to work…
US’s Gupshup acquires Singapore conversational AI platform Active.Ai
Gupshup, a United States-based conversational engagement firm, announced Tuesday the acquisition of Active.Ai, a Singapore-based conversational artificial intelligence (AI) platform used by banks and Fintech firms. The acquisition strengthens Gupshup’s customer experience (CX) solutions for banking, financial services, and insurance solutions (BFSI)…
Singapore’s Pace acquires regional BNPL pioneer Rely to strengthen its FinTech position in the region
Pace Enterprise (Pace), a Singapore-based FinTech solutions company with "Buy Now Pay Later" (BNPL) platform, announced Wednesday that it has signed an agreement to acquire the assets of Rely, the home-grown FinTech startup that offers BNPL services in the region, for an undisclosed sum.
