Is it Alibaba vs everyone else in ASEAN’s fragmented e-payments space?


The Alibaba Group has built economies of ecosystems.

After backing Fika & BlueRun, SPH Media Fund open to being an LP in European, Israeli VCs

It has backed Fika Ventures’ $40 million fund and California-based BlueRun’s second fund.

Temasek VC arm Vertex gets Kasikornbank as investor for new Asia fund

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.

Singapore: Noble Group seen picking buyer for oil & LNG units in Sept

Suitors for the oil business have already signed non-disclosure agreements.

People Digest: Northern Trust appoints SG head; Aquila Capital opens Japan office

Most recently, Ong was chief administrative officer for Northern Trust in Asia-Pacific

Singapore: Blockchain provider Bluezelle closes $1.5m Series A

The round saw participation from Global Brain, LUN Partners Capital and True Global Ventures.

SG Digest: Shenzhen Investment picks stake in Tritech; ST Engineering invests in unit

Tritech Group has secured a strategic investment while ST Engineering injects capital into Leeboy India.

Singapore: Grab secures strategic investment from Toyota Tsusho

This forms part of Grab’s ongoing financing round which is targeting to raise a total of $2.5 billion.

Asia PE-VC Summit 2017: Early bird pricing ends tonight

Executives representing leading organisations have already registered for Asia’s largest sector-agnostic PE-VC conference.

SoftBank, Singapore’s EDBI back $33m Series C in AI startup Appier

This brings aggregate investment in the AI enterprise to more than $82 million.