By Ardi Wirdana
The investment was made through a through a series of transactions at the Philippine Stock Exchange (PSE) over the past two months.
Founded in 2017 by Roland Ros, Rexy Dorado, Andrew Pineda, Clare Ros, and Angelo Mendez, Kumu allows fans to tip their favourite content creator on the platform and individual creators to stream their content.
Grab’s partnership with SM will expand the mobile wallet’s usage beyond transport and deliver services.
Teko utilises a proprietary platform for real-time access to service and repairs for home appliances,
Voyager Innovations has raised a total of $215 million in fresh funding, including $40 million from IFC and the IFC Emerging Asia Fund.
IFC’s investment brings Voyager’s total funds raised to $215 million and closely follows the $175-million funding round led by KKR and China’s Tencent Holdings.
The deal, which was first announced in March this year, will give Robinsons Retail 100-per cent stake in Rustans.
Lamudi has doubled down on its focus on the Philippines, Indonesia, and Mexico, but eyes at opportunities beyond in the longer term.
Securemetric, a digital security solutions provider based in Malaysia, has raised $4 million on its debut in the ACE Market of Bursa Malaysia
The third license, which could be awarded by year-end, comes at the behest of Philippine President Rodrigo Duterte and aims to boost the country’s notoriously patchy services and end a domestic duopoly long accused of being uncompetitive.