Deals

Three Indonesian parenting and social commerce startups secure funding

Tentang Anak has closed an early-stage round of around $2m.

Myanmar junta backs Telenor unit sale after buyer M1 partners local firm

Telenor had said in July that it was selling its operations there to Lebanon's M1 for $105m.

SoftBank joins $200m funding round of US-based AI software firm 6sense

6sense said it was valued at $5.2b after the late-stage funding round.

Robinhood starts rolling out crypto wallets

Out of 1.6 million people on a waitlist for the wallet, 1,000 were selected.

S.Korea’s Copin Communications bags additional $43m from NPX Capital

NPX injected $13 million to Copin Communications in September last year.

Hong Kong’s ESR completes $5.2b acquisition of ARA Asset Management

Warburg Pincus will become the largest institutional shareholder in the company with a 13.2% stake.

Asia Digest: BRI Ventures, Tokocrypto launch blockchain accelerator; Newgen buys Number Theory

The blockchain accelerator is named Tokocrypto Sembrani Blockchain Accelerator.

Game developer Nexon to sell Six Waves to Stillfront for $93m

Nexon made the investment in mobile game publisher Six Waves in 2011, aiming to expand in the social gaming field.

India, Tesla talks over potential tax benefits make no headway

Currently, India levies an import tax of as high as 100% on electric vehicles.

Evergrande’s offshore bondholders to consider enforcement action

The group is struggling with more than $300 billion in liabilities.

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).

A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories.
A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).

A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories.
A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.