Asia
Singapore’s ComfortDelGro acquires Australian taxi operator A2B for $123M
Singapore-listed transportation firm ComfortDelGro Corporation Limited has on Friday announced that it has acquired taxi operator A2B Australia Limited (A2B)for AUD 182 million ($123.35 million). ComfortDelGro's wholly owned subsidiary ComfortDelGro Corporation Australia Pty Ltd has entered into a binding scheme implementation agreement (SIA) to acquire all…
Softbank-backed Riiid acquires South Korean edtech firm Qualson
Riiid Inc., a Softbank Vision Fund-backed artificial intelligence (AI) education technology company, announced Thursday the acquisition of Qualson Co Ltd., a leading English language learning and content provider based in South Korea.
Japan’s Mercuria partners Singapore’s OCBC to launch sustainability fund in Asean
Japan-based investment firm Mercuria Holdings Co., Ltd. has partnered Singapore financial services group Overseas-Chinese Banking Corporation Limited (OCBC) to launch a fund to finance sustainability projects in ASEAN.
Tikehau Capital and Nikko Asset Management form strategic partnership in Asia
Tikehau Capital, a global alternative asset management group, and Nikko Asset Management, one of Asia’s largest asset managers, have entered into advanced discussion to form a business and capital alliance. The contemplated strategic partnership would involve Tikehau Capital and Nikko Asset Management entering into distribution agreements in Japan and…
Abu Dhabi’s Bayanat and Yahsat merge to create over $4 billion AI-powered space technology firm
Bayanat AI PLC (Bayanat), a Abu-Dhabi-based artificial intelligence (AI)-powered geospatial solutions provider, and Al Yah Satellite Communications Company P.J.S.C. (Yahsat), a leading global satellite operator, have agreed a potential AED 15 billion (over $4 billion) merger.
IFC supports new fund to address infrastructure gaps, cut carbon emissions across Asia and Africa
International Finance Corporation (IFC) is investing $50 million in equity to bolster A.P. Moller Capital's $1 billion Emerging Markets Infrastructure Fund II (EMIF II), joining forces with a consortium of global partners. The new investment will help address critical infrastructure gaps, facilitate trade, and boost access to renewable energy in Asia and…
IHI partners Gentari to develop global green ammonia value chain
Japanese engineering firm IHI Corporation has partnered Petronas's clean energy arm Gentari Sdn Bhd to develop global green ammonia value chain and commercial demonstration of ammonia-powered gas turbine.
Atomionics partners Bridgeport Energy to deploy first-ever “virtual drill” for commercial resource exploration
Singapore-based deeptech startup in the field of commercial quantum sensing Atomionics and Australia-based energy firm Bridgeport Energy have deployed the first-ever quantum gravity sensor or "virtual drill" for commercial resource discovery, heralding a new era in precision exploration.
EIB Global announces $40M for private equity fund supporting digitalization of Indian SMEs
European Investment Bank (EIB) Global will invest up to $40 million in the private equity fund Amicus Capital Partners Fund II, to support investments in Indian small and medium-sized enterprises (SMEs) operating in various economic sectors.
Uber Eats teams up with Gogoro in Taiwan for Green Delivery Program worth nearly $30M
Gogoro Inc., a Taiwan-based technology player in battery-swapping ecosystems, has partnered global online food ordering and delivery platform Uber Eats for Green Delivery Program worth nearly $30 million. The program will make it easier and more affordable for Uber Eats delivery partners to switch to electric scooters.
