SoftBank Ventures backs $4.4m round for South Korean book club operator Trevari


The funding round, which saw SoftBank contributing 4.5 billion won ($4 million), is the first raised by the South Korean startup.

US-based InVision acquires Australia’s ‘Github for designers’ Trunk

Trunk received seed funding from Australian accelerator Startmate in early 2018, while InVision is backed by Goldman Sachs and Tiger Global Management.

Japanese e-commerce major Rakuten invests in US mobile tech firm Altiostar

The deal is subject to approval by the Committee on Foreign Investment in the United States.

Dubai-based Badwa Capital launches $100m real estate investment arm

The fund will be deployed through sale-leaseback, built-to-suit, and other types of transactions.

Japan’s KDDI to buy minority stake in for $800m

KDDI will pay 559 yen per share, a 4.68 percent premium over Friday’s closing price, for a minority stake in the online brokerage.

LaSalle Investment Management acquires Tokyo-based residential assets

LaSalle considers newer residential buildings in major cities as an excellent investment opportunity available in Japan.

Australia’s Macquarie CEO outlines global ambitions to diversify business model

The bank would continue to prioritize investment in the real estate, infrastructure, technology and energy industries.

UBS said to cut Asia investment banking bonus pool by 8%

More executive directors will get no bonus for 2018 compared with the year before.

Australia’s Equity Venture Partners closes $35m second fund

The venture capital fund will target early-stage B2B software companies in Australia.

Temasek to lead $500m round for US food delivery startup DoorDash: Report

The deal is set to value the San Francisco-based company at over $6 billion, or 4-5 times the valuation from its last funding round in August last year.