Investments
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…
December 20, 2023
Queensland Investment Corporation sets up Singapore office to boost partnerships across Asia
Queensland government-owned investment firm Queensland Investment Corporation (QIC) has expanded its international presence with a new Singapore office established to support a greater focus on Asian-based institutional investors.
December 5, 2023
Social Media,News,eCommerce,Investments,Mergers and Acquisitions,China,Indonesia
TikTok mulls investing in Indonesia’s GoTo to revive online shop – report
Indonesia is also among the first countries in Southeast Asia to push back against TikTok. Following the Indonesia restrictions, nearby Malaysia also said it is studying the possibility of regulating TikTok and its e-commerce operations.
November 23, 2023
News,Investments,Asia,Venture Capital
COMEUP 2023 opens in Seoul, aims to become a truly global event
COMEUP 2023 will be held at Dongdaemun Design Plaza in Seoul, South Korea from Nov 8 to 10, and will also be available online, through a livestream.
November 8, 2023
Saudi Arabia’s NEOM Investment Fund invests $50M in Hong Kong’s Animoca Brands
Saudi Arabia-based NEOM Investment Fund will invest $50 million in Hong Kong-based gaming firm Animoca Brands. Animoca Brands has entered into a strategic partnership memorandum of understanding with NEOM Investment Fund to drive regional Web3 initiatives in line with the Saudi Vision 2030 plan.
October 31, 2023
News,Investments,Indonesia,HealthTech
East Ventures announces first healthcare fund of $30M
East Ventures, a venture capital firm in Indonesia and Southeast Asia, has on Wednesday announced the firm’s first healthcare-focused fund with the amount of $30 million, which is dedicated to supporting innovative healthcare solutions in Indonesia.
October 18, 2023
Features,News,Indonesia,Investments,Electric Vehicles & Mobility,SEA,Vietnam
Vietnamese EV maker VinFast to expand into Southeast Asia, raising more capital – report
Southeast Asia has a lot of potential with governments looking to boost EV adoption with aggressive targets, VinFast Chief Executive Officer Le Thi Thu Thuy said.
October 16, 2023
News,Malaysia,Electric Vehicles & Mobility,Investments
Budget 2024: Malaysia federal govt plans to adopt EVs as official vehicles
The government will also strengthen the venture capital environment through the centralization of venture capital agencies such as Penjana Kapital and MAVCAP under the sovereign wealth fund Khazanah Nasional Berhad.
October 14, 2023
News,Thailand,Electric Vehicles & Mobility,Investments
Thailand expects Tesla, Google, Microsoft to invest $5B — report
"Tesla would be looking into an EV manufacturing facility, Microsoft and Google are looking at data centers," Thailand's Prime Minister Srettha Thavisin said.
September 25, 2023
News,Investments,Venture Capital
ARISE & Centauri announce the launch of its successor VC Platform, Ascent Venture Group, raising $200M corpus
Ascent is the largest ecosystem-linked venture platform in the region with four partners, 10 investment professionals, and a supporting operational team across Jakarta, Singapore, Seoul offices and access to multi billion dollar ecosystems across broader Southeast Asia.
September 14, 2023