Kristie Neo

Senior Writer, Venture Capital & Unicorns​

Singapore’s SPH acquires student housing assets worth $174.3m in UK

The portfolio is spread across three UK cities – Southampton, Sheffield and Leeds – and comes with a rental guarantee covering two academic years.

People Digest: Tinder parent Match appoints 3 GMs for Asia; Byton co-founder quits

Match Group has appointed three new general managers to focus on Asian markets across Japan, Taiwan, India, South Korea and Southeast Asia.

SG Digest: Grab to integrate GrabFood into main app; Circles.Life revamps referral programme

The integration will enable users to redeem GrabRewards vouchers seamlessly rather than toggling between apps.

Singapore, HK are key monetisation markets for Carousell, says CEO Quek Siu Rui

Carousell will also roll out its car marketplace in HK – a service that is currently only available in its home market, Singapore.

SoftBank Vision Fund to set up office in China, expand presence in Singapore

The $100-billion venture fund plans to recruit about 10 people each in Singapore and China.

Uber raked in $342m from sale of SG-based Lion City Rentals

The transaction marked Uber’s complete exit from ride-hailing in Singapore, following the sale of its Southeast Asian operations to Grab last March.

Astroscale snags $80m in extended Series D funding to remove space junk

Astroscale did not disclose who the investors were, but said that the latest injection brings total capital raised to $132 million.

Temasek, Enterprise SG back new foodtech fund seeking to raise $100m

Temasek is already an active investor in the alternative proteins space, with investments in popular brands such as Impossible Foods, JUST and Quorn.

Carousell bags Naspers funding, confirms acquisition of OLX Philippines

The deal value values Carousell at over $550 million.

Singapore’s rewards app ShopBack raises $45m led by EV Growth, Rakuten

EDBI and other existing investors also participated in this round.