Noble has squandered the most precious commodity of all

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As Noble Group Ltd. sells once-core businesses to stave off creditors, it’s been running down stocks of grain, gas, power, oil and petroleum products. There’s one crucial commodity, though, that ran out long ago: trust. The trader has often been dinged for lack of transparency, and Monday’s announcement of the sale… Read more »

SoftBank is the Berkshire Hathaway of technology, Bernstein says

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“We like to think of SoftBank as a tech-focused Berkshire Hathaway,” a Bernstein note says.


Latest funding makes Meituan the world’s fourth-most valuable startup

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Four of the top five unicorns are Chinese, trailing Uber that still holds the crown at $68 billion.


Singapore’s Sea, dubbed as the Tencent of SE Asia, isn’t really like Tencent at all

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Sea was founded by Forrest Li as an online gaming company in 2009 and originally named Garena.


PE and sovereign wealth funds help call timeout in India’s brutal telecom wars

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A consortium including KKR, CPPIB, Abu Dhabi Investment Authority and Singapore’s GIC is planning an $11 billion buyout of Bharti Infratel Ltd. and its 42% affiliate Indus Towers.


Amazon hasn’t seized the world, but it’s working on it

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Just four countries—the US, Germany, Japan and the UK— contributed 92% of Amazon’s $136 billion in revenue for 2016.


China’s bike rental firms Mobike, Ofo are actually secret cash cows: Gadfly

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Their millions of users pay a surety upfront for the right to rent, translating into billions of dollars of cash.


DSA Summit: Global VCs expect more M&A-driven exits in SEA

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Exits in SEA have been challenging as there is relatively less liquidity in the stock exchange markets.


DSA Summit: Malaysia VC-startup players upbeat about more capital inflows in 2018

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If we look at tech IPO exits in SEA market in last 15 years, out of 14 companies, seven were from Malaysia.


DSA Summit: Valuations are down and it is back to business fundamentals in Indonesia

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Valuations had been “unrealistic” at the beginning of Indonesia’s digital startup boom