Qoo10 founder Ku says blockchain makes it cheaper to run an online marketplace.
The startup, called Leap, has acquired a majority stake in Cloud Comrade, a Singapore-based cloud computing consultancy.
A possible investment in GOJEK’s Philippine venture would mark the latest technology play for Ayala, after it bought a stake in Zalora’s local unit.
Lazada is the single most important piece of a slowly coalescing international business for Alibaba that encompasses mainly sideline businesses in India, Pakistan, Brazil and Russia.
The 41-year-old entrepreneur owns 13.8% of Singapore-based Sea, a stake now worth roughly $1 billion.
The additional capital from new investors would take the total haul from the current round to around $3 billion.
The deal seals a strategic partnership under which the conglomerate will help Grab expand its business in Thailand.
Go-Jek’s beta app will be available to a limited number of consumers before expanding to a wider population.
The e-commerce operator is valued at about $7 billion after the round.
Asian funds such as Hillhouse Capital Management Ltd. have been looking for deals to invest in Asia. KKR recently invested in Singapore-based PropertyGuru Pte and Voyager Innovations in the Philippines.