Search Results for:Antonia Timmerman

Indonesia: Trading of Kioson shares suspended for second time this week

IDX said the decision was taken due to a significant cumulative price hike.

Intel Capital joins $100m round in China’s Horizon Robotics, backs Japan’s DeepMind

Intel Capital announced its latest tranche of investments worth $60 million in 15 global startups.

Jim Rogers-backed fintech bank ITF Corp chooses Hong Kong for headquarters

ITF Corporation, the world’s first fintech bank founded by Hui Jie Lim and funded by US investor Jim Rogers, will set up its headquarters in Hong Kong and start operations next year. The bank – which aims to work with fintech companies in the city – will develop products and… Read more »

China: Sinovation Ventures leads $40m Series B in m-commerce startup Huajuan

Evolution Media China, Ventech China, Vertex Ventures and Zhiping Capital also joined the round.

Indonesia: Crowdfunding startup Danadidik raises seed round from impact fund

DanaDidik was one of the nine startups that recently graduated from Plug n Play Indonesia’s acceleration program.

Indonesia: Fintech startup Bareksa to raise funds, in talks with Chinese strategic investors

The startup had recently raised an undisclosed sum from Gemilang Dana Sentosa.

HK-based Affinity buys Burger King Japan from South Korea’s Lotte

Hong Kong-based Affinity Equity Partners has bought Burger King’s Japan operations from South Korea’s Lotte Group for an undisclosed sum, Japanese media publication Nikkei reported. Lotte had managed around 100 Burger King stores in Japan. According to the deal, the business will be transferred to a new entity set up by… Read more »

China Digest: TPG Growth leads Series C in Vision Credit; Axis Capital backs Pick-Up; GLP China’s $152m bond

Middle market-focused TPG Growth has led a Series C financing round in consumer finance provider Vision Credit.

Indonesia: Minna Padi Securities to acquire 51% of Bank Muamalat for $333m

Minna Padi plans to fund the buyout through its own rights offering.