Mergers and Acquisitions

Cloud communications firm Vonage acquires omnichannel conversational commerce solutions provider Jumper.ai

Vonage has acquired Jumper.ai to boost its existing portfolio.Conversational commerce is an in-demand retail trend that capitalizes on the growing convergence of shopping and conversations on platforms such as Facebook Messenger, WhatsApp, and Instagram, using the chat feature to create a seamless shopping experience. Consumers can engage in personal…

ASX-listed Novatti acquires Malaysia FinTech firm ATX Group for up to $7.4M

The acquisition enables Novatti to scale existing ATX businesses while looking to introduce additional Novatti services to the Malaysian market, such as billing.

Petronas Twin Towers in Kuala Lumpur, Malaysia

Malaysia capital market regulator reviews SPAC framework – report

Against growing demand for such vehicles for high-growth companies, the current SPAC framework is being reviewed for greater efficiency, the regulator reportedly said.

EY: Asia-Pacific M&A hit highest value on record, fuelled by technological innovation & ESG agendas

M&A targeting technology companies hit a record high in Asia-Pacific with tech, advanced manufacturing and mobility sectors topped regional deal activity.

PayPal to acquire Japan BNPL unicorn Paidy for $2.7B

The acquisition will expand PayPal's capabilities, distribution and relevance in the domestic payments market in Japan, complementing the company's existing cross-border ecommerce business in the country, PayPal said.

[Updated] Indonesia unicorn Traveloka said to halt talks with Bridgetown SPAC – report

The Southeast Asian online travel company will likely explore going public via a traditional initial public offering (IPO) in the US market, according to the report.

Singapore skyline SGX SPAC

Singapore Exchange introduces SPAC listing framework

SGX said it will work with the Securities Investors Association (Singapore) to increase retail investors’ understanding of SPACs through collaborative efforts including the conduct of educational programs.

Singapore’s Omnilytics to acquire Malaysia’s Supahands in $20M deal

Founded in 2014 and headquartered in Malaysia, Supahands is an end-to-end data labeling platform that develops training data to enable clients to launch and scale high-performing artificial intelligence applications for their business.

PropertyGuru completes acquisition of iProperty Malaysia, thinkofliving

iProperty Malaysia and thinkofliving will continue to operate separately, PropertyGuru said. The group will work to ensure the smooth integration of the businesses while delivering the same value and services to property seekers, agents, and developers.

Indonesia’s Traveloka in talks to raise up to $400M for SPAC deal – report

The fundraising, a so-called private investment in public equity (PIPE), would be part of a deal to merge the online travel startup with Bridgetown Holdings Ltd as soon as this year.