Deals

Malaysia

Malaysia’s Commerce.Asia picks up 30% stake in local firm BizApp

Although the exact deal size could not be ascertained, it is understood to be a seven-digit investment.

World

HSBC to shed assets worth $100b, lay off 35,000 people over three years

The bank is seeking to become leaner and more competitive as it tries to grapple with a swathe of challenges.

India

India: Reliance to merge media, distribution businesses into Network 18

Under the plan, Reliance's TV18 Broadcast Ltd, Hathway Cable and Datacom Ltd and Den Networks Ltd businesses will consolidate into Network18.

India

India: Dewan Housing Finance receives interest from at least 15 bidders

KKR India Financial Services Ltd, Welspun Group and Adani Group are among suitors who have expressed interest.

India

India Digest: Shriram Automall, Evosys, Karvy, Altico Capital in M&A news

Shriram Automall India Limited (SAMIL) has acquired BlueJack, an online car selling portal for an undisclosed amount.

Indonesia

Indonesia’s Gojek buys stake in local taxi operator Blue Bird for $30m

Gojek is said to have bought a 4.3 per cent stake in Blue Bird from its holding company, PT Pusaka Citra Djokosoetono.

Greater China

Chinese biotech firm WuXi AppTec to invest over $30m in CANbridge

Shanghai-based WuXi AppTec will hold a 13.11 per cent stake in CANbridge upon the completion of the deal.

World

Crypto giant Binance launches cloud service in revenue shift

Binance Cloud will overtake the company’s main exchange to become its biggest source of revenue in five years.

Greater China

HK’s digital-only lender ZA Bank has no plans to start price war

ZA Bank saw interest from 20,000 people as it offered deposit rates 4 percentage points higher than established lenders.

Rest of Asia

Australia’s National Storage REIT says Warburg Pincus made $1.2b bid

The Warburg Pincus proposal competes with China's Gaw Capital Partners' offer and NY-listed Public Storage's bid.

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.
APPLY NOW

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.
APPLY NOW