Search Results for:Deepshikha

Chinese co-working major Ucommune raises $200m, valuation jumps to $3b

Ucommune had raised $44 million in its pre-Series D at a valuation of $1.8 billion. 

TH Real Estate launches $2b Asia Pacific Cities Fund

The Asia Pacific Cities Fund has identified 17 cities, including Tokyo, Sydney, Brisbane, Singapore and Seoul, for investments.

NYSE-listed LightInTheBox acquires SG e-commerce firm Ezbuy for $86m

Founded in 2010, Ezbuy boasts more than 3 million customers from Singapore, Malaysia, Indonesia, Thailand and Pakistan.

Alibaba-backed HelloChuxing jumps into ride-hailing fray in China

It will begin by offering its services in Shanghai, Nanjing, and Chengdu & plans to expand to over 80 cities around the country.

Financial services, overseas expansion and IPO: How Go-Jek is just getting warmed up

Go-Jek co-founder Kevin Aluwi discusses an array of milestones in the Indonesian firm’s journey.

Grab, Uber receive $9.5m slap on the wrist from Singapore competition regulator

The Competition and Consumer Commission of Singapore ruled that Grab’s takeover of Uber’s Southeast Asia operations had substantially decreased competition in the ride-hailing market.

Alibaba revenue jumps 61% on the back of growth in new businesses

Alibaba’s ramping up spending in new arenas as it reduces its reliance on an online retail business facing increased competition from and Pinduoduo as well as a broader economic slowdown.

Indonesia’s Sinar Mas said to have launched new VC arm with $200m corpus

Latitude Venture Partners was launched about four-five months ago and has preferred to stay under the radar so far.

GoGoVan raises $250m in fresh funding from Alibaba-backed Cainiao, others

It plans to introduce “door-to-door service” for small item delivery in the next few months.

Singapore’s Jungle Ventures said to seek over $150m for third fund

The venture capital firm had closed its $100-million second fund in 2016 from LPs including Temasek and IFC.