Deals
No official bid had been submitted.
Gaw Capital completes $540m acquisition of Blackstone’s Japan logistics portfolio
India: Sofina, Temasek bet on DeHaat's $60m Series E round
HK-based FWD, Malaysia’s Artem Ventures launch $10m fintech fund
India Digest: Mooofarm raises $13m from Aavishkaar, others; Flash secures $5.8m seed funding
GoTo's pre-IPO investors opt out of secondary offering, shares drop 6.62%
More Stories
Indonesian beauty startup ESQA bags $6m led by Unilever Ventures
Indonesian B2B marketplace Ula lays off 23% staff citing economic uncertainties
SE Asia’s Iterative closes $55m Fund 2 to double down on seed-stage founders
IDX-listed GoTo shares hit new low a day before IPO lock-up period ends
Sky Mavis calls for rethinking of “play-to-earn” in the next chapter of blockchain games
The news came just a day after HSBC announced the sale of its Canadian business
People
Higher interest rates and worries of an economic downturn have roiled cryptocurrencies
BlackRock invested $24 million in FTX through a billionaire fund it manages, he said.
Sun founded the crypto platform Tron and is member of cryptoexchange Huobi’s global advisory board
Policy & Regulations
Bloomberg reported that creditors to the firm are in talks with restructuring lawyers to prevent insolvency.
Gland Pharma looks to expand its presence in European markets.
Venture Capital
Rubicon Carbon aims to help companies offset their emissions.
Overall, global VC activity softened for the third consecutive quarter, totalling $4.7b across 153 deals.
Xuefeng Chen was most recently the CEO of the company’s China division.
