acquisitions
In a rare acquisition, Singapore’s TradeGecko scooped up by Silicon Valley giant
Eight years after being set up in Singapore, TradeGecko has been acquired by Silicon Valley giant Intuit, both companies announced this morning. TradeGecko makes inventory…
Line’s food delivery app in Thailand takes a big swing at Grab, Gojek
There are big changes today at Line Man, the meal and groceries delivery app that Japanese social media giant Line launched in Thailand way back in 2016. Line Man, which has grown…
China’s Tencent buys into Southeast Asia’s Netflix battle
China’s social media and gaming giant Tencent, perhaps best known as the maker of WeChat, has acquired Southeast Asian streamer iFlix, the company said earlier today. The deal…
Building a fintech empire, Indonesia’s Ajaib adds stock-trading
Over a year after winning funding from SoftBank Ventures, Indonesia’s wealth-management app Ajaib is making another big move by this week expanding from just mutual funds to…
Gojek escalates cashless payments battle with startup acquisition
After eight months of rumors, ride-hailing giant Gojek just revealed it has acquired Moka, an Indonesian startup that makes internet-connected payment systems for stores and…
