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Shopee Indonesia partners with Traveloka for plane tickets

Shopee Indonesia teams up with Jakarta-headquartered unicorn, Traveloka, to add a flight ticket booking feature on its app since April of this...

US e-scooter startup Lime picks Singapore as regional HQ

The island city-state will be the headquarters of the US startup, Lime, for its Asia-Pacific expansion plan, with the central business district-located...

Malaysian fintech startup raised pre-series A investment

MoneyMatch announced that it had raised an undisclosed amount in pre-Series A funding led by Cradle Seed Ventures. At...

In brief: Indonesia’s Online Travel Agency Traveloka secure US$420M in funding

Singapore’s sovereign wealth fund GIC led a funding round with Traveloka, an online travel agency from Indonesia. The online travel unicorn has...

Cool Japan Fund invests US$10M in Singapore’s lifestyle media site Clozette

Clozette announced that it had secured US$10 million in Series C funding from Cool Japan Fund, a public-private fund under the Ministry...

In brief: TikTok owner Bytedance gets US$1.3B loan from Wall Street

Bytedance Ltd., one of China’s most valuable startup, has bagged a US$1.335 billion syndicated loan from a group dominated by the Wall...

Carousell raises US$56M from Naspers’ classifieds giant OLX

Classified giant OLX Group has taken an approximate 10 percent stake in Carousell in a deal worth US$56 million. The new...

SoftBank bets on Asia’s travel market with US$$225M investment in Klook

Hong Kong-based travel services booking platform, Klook, announced earlier today that it has secured US$225 million in a series D+ round, adding...

In brief: SAP begins to select startups for its accelerator program in Singapore

The Germany-based software company, SAP, is beginning to select potential startups for its first batch of participants in the SAP.iO Foundry Singapore....

Singapore F&B tech startup receives Nest Tech investment

Venture capital fund, Nest Tech, has invested an undisclosed sum in Singapore food and beverage technology startup, Waitrr, in its pre-series A...

Vietnamese healthcare company secures US$5M Series A funding from Monk’s Hill Ventures

Jio Health, a Vietnam-based healthcare startup, announced on Monday that it had closed a US$5 million Series A financing round led by...

Omise denies acquisition by Thai company for US$150M

A report on Crypto news site, The Block, published on Friday claims the Thailand-based payments and blockchain startup Omise has been acquired...
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In brief: TikTok parent, ByteDance, to launch smartphone as app family grows

ByteDance, the world’s most valuable startup and the Chinese company behind viral video app TikTok, is going into hardware.The company confirmed it is...
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