Investors are putting money into the region’s venture firms as they seek opportunities beyond the US and China.
Assets managed by wealthy clans in the region have grown to more than $17 trillion.
Sea was founded by Forrest Li as an online gaming company in 2009 and originally named Garena.
The fund marks the first time it has raised money from outside investors such as Kasikornbank.
Go-Jek’s digital payment service will be a key part of its push into new markets.
This is the first time Vertex, an early backer of Southeast Asia’s biggest ride-hailing startup Grab, is raising money from a Thai investor.
Brooks Entwistle, who announced his retirement in 2012 after two decades at the U.S. investment bank, will become Uber’s chief business officer in the Asia Pacific.
Shanda founder Chen was more prominent than Alibaba’s Jack Ma for much of the last decade
Airbnb will grow its technical cohort to over 100 in Beijing, its only engineering office outside the US.
WeWork is buying Spacemob, a Singapore-based co-working startup founded in early 2016 and backed by Vertex Ventures and Alpha JWC Ventures.