The Singaporean bank is considering an offer for almost 90% of PT Bank Permata, which has a market value of about $1.9 billion.
The development comes barely a month after the Hanoi-based company clinched a strategic investment from Samsung SDS.
Rest of Asia
SoftBank has committed to invest $10.65 billion in WeWork and its subsidiaries, per its S-1 filing.
The Kuala Lumpur-based company last raised $20 million in May in a Series B round led by Burda Principal Investments.
Clicbrics, currently headquartered in Delhi, will continue to focus on tier-1 and tier-2 cities, it said.
Meituan currently uses AutoNavi and Tencent Maps for its bike sharing and ride hailing services.
Since Facebook entered Vietnam in 2007, Hanoi has issued more than 300 licenses for local social networks as of 2017.
Since its establishment in July 2016, Everise has pursued an active M&A strategy for growth.
The startup is seeking a valuation of $12 million for the seed round.
Jet Commerce, a Jakarta-based e-commerce enabler, has acquired Chinese firm Brand Top to expand into Philippines and China.
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