Social Media
Elon Musk’s $44B Twitter buyout challenged in shareholder lawsuit – report
According to Reuter's report, the lawsuit seeks to delay the merger's closing until at least 2025, declare that Twitter directors breached their fiduciary duties, and recoup legal fees and costs.
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.
Singapore social music creation platform BandLab raises $65M Series B funding
BandLab, a Singapore-based social music platform, announced Tuesday the close of its Series B round totaling $65 million with a post-money valuation of $315 million. The company welcomed Prosus Ventures, the venture investing arm of Netherlands-listed Prosus, which is majority-owned by Naspers (the largest shareholder of Tencent), to its list of investors.
Singapore’s Parentinc raises $22M in Series D funding round led by East Ventures
The Parentinc, a Singapore-based tech company that owned content and community platform for parents theAsianparent, announced Wednesday that it has successfully closed a $22 million round. The round comprised a mixture of primary and secondary investment alongside venture debt. The funding round was led by East Ventures as well as other undisclosed…
Australia’s Linktree raises $110M funding led by Index Ventures and Coatue at a valuation of $1.3 billion
Linktree has raised $110 million funding led by Index Ventures and Coatue at a valuation of $1.3 billion. The company's fast-paced growth trajectory to 24 million users in the past year ensured follow-on from previous investors AirTree Ventures and Insight Partners, and new participation from Greenoaks Capital. Linktree will use its new funding to focus on…
L’Oréal Malaysia to double down on social commerce in 2022 to help 250 salons affected by the pandemic
L'Oréal will be doubling down on social commerce with an aim to roll out its social commerce initiative to 250 salons across Malaysia in 2022.
Singapore social music platform BandLab raises $53M Series B led by Vulcan Capital
BandLab has raised its first funding round involved outside investors. Led by Vulcan Capital with notable participation from K3 Ventures as well as existing investor Caldecott Music Group, the $53m round will allow BandLab to expand its team and continue to refine and grow its offerings to music creators and aspiring artists worldwide.
Singapore live commerce enabler Upmesh raises $7.5M Pre-Series A funding led by Monk’s Hill Ventures
Upmesh has raised a new round of Pre-Series A funding of $7.5 million led by Monk's Hill Ventures. The new round of funding will be used to expand Upmesh’s regional presence in Southeast Asia and launch new products including a mobile version of its product. The company also plans to launch more backend automation features including logistics automation.
Taiwan social commerce startup LinkBy raises $1.54M to expand partnerships across Asia
LinkBy has raised $1.54 million in an oversubscribed Series Pre-A funding round. Led by global venture capital firm Hive Ventures, the round also saw participation from 18 other investors including institutional/corporate investors such as Artesian Capital and Animoca Brands.
