Chalida Ekvitthayavechnukul

Correspondent, Thailand

SG firm launches helicopter ride-sharing in Manila to beat traffic woes

Ascent Flights Global Pte is starting the service in the Philippines next week and plans to expand to Thailand, Indonesia and Malaysia by next year.

Singapore’s GIC backs online caterer ezCater’s $150m Series D round

The latest infusion will be used by the firm to continue its global expansion and expand its  platform for restaurant operators.

Thai hotelier Dusit, Central Pattana to invest $1.16b in Bangkok mixed-use project

As part of this development, Dusit Thani has ended its 49-year-old Dusit Thani Bangkok on Silom road in January this year.

Ride-hailing giant Grab to increase Singapore headcount to 3,000

It will also add 1,000 new tech roles, including data scientists, AI researchers, engineers, designers, and product managers, across its R&D centres globally this year.

China’s Waterdrop completes $74.2m Series B round led by Tencent

Banyan Capital, IDG Capital, BlueRun Ventures, Sinovation Ventures and others joined the round.

Thai remittance startup Deemoney to raise $5m pre-Series A funding

The startup aims to tap international investors for financing after the Bank of Thailand relaxed foreign ownership rules in the financial services sector.

China Minsheng-backed trading platform eToro buys Danish blockchain firm Firmo

The acquisition of Firmo will help eToro to execute all essential trade processes on the blockchain.

China Digest: Tencent backs realty firm Beike; Ofo sues employees for graft

Real estate platform Beike has completed an $800-million Series D round led by internet giant Tencent.

AnyMind Group closes $21.4m Series B, acquires Thailand’s Moindy Digital

Investors in the latest round include VGI Global Media, a Thai O2O solutions provider, and Tokyo Century Corporation.

China’s Bytedance acquires Mokun to tap into gaming industry

After being acquired, it is now wholly-owned by Bytedance’s subsidiary Beijing Zhaoxi Guangnian Technology.