Ayala forays into e-commerce, buys stake in Zalora Philippines


The deal follows Ayala’s investment in ePharmacy startup Wellbridge Health.

Philippines: Ayala Land raising $596m; Threshold of M&A deals fixed at $19.9m

Philippines: Ayala Land raising $596m; Threshold of M&A deals maintained at $19.9m

Philippines: Real estate developer Cebu Landmasters targets $75m IPO

Cebu plans to use the proceeds to expand in key cities.

Exclusive: PH-based Ayannah’s next funding round upsized to $5m

Ayannah had raised $1m Series A in 2015 from 500 Startups & Life.SREDA

Philippines: Ant Financial, Ayala take stake in Globe’s fintech unit Mynt

The deal is meant to accelerate financial inclusion and upgrade payment services in the Philippines.

Philippines: URC, Vitasoy form beverage business JV

Both will explore business opportunities in sustainable F&B products.

In battle of tycoons, San Miguel’s Ang offers $14b for new Philippine airport

His offer rivals a bid from a group led by billionaire Henry Sy.

Philippines’ BEC, Thailand’s VTE ink renewable energy business deal

VTE bought over 435 million shares of stock in BEC.

Philippines: New incubator ‘StartUp Village’ launched

StartUp Village is expected to open new avenues for the development of innovative entrepreneurs that come up with game-changing products and services.

Philippines: Ayala backs ePharmacy startup Wellbridge Health

Wellbridge Health operates MedGrocer, an FDA-licensed ePharmacy.