Money

Tickled Media raises up to US$30m in Series C funding; sets eyes on Africa expansion

TICKLED Media, the startup behind parenting portal theAsianparent, is now eyeing the African parent community with the backing of Chinese corporate giants Fosun International and JD.com.

Go-Jek snags investment from Thailand's largest lender

[SINGAPORE] Ride-hailing giant Go-Jek has secured an investment from Siam Commercial Bank, the Thai lender that counts King Maha Vajiralongkorn as its biggest shareholder, according to people...

Datapulse taking 5% stake in Bay Hotel Singapore for $12.1m

Datapulse Technology is buying a 5 per cent stake in Bay Hotel Singapore for about $12.1 million, the disk producer said.

Singapore-backed AI startup Taiger wins US$25m from investors

[HONG KONG] Taiger, a Singapore-backed artificial intelligence (AI) startup whose clients include Bank of America, AIA Group and Banco Santander, has raised US$25 million of funding for its...

China's venture capital boom shows signs of turning into a bust

CHINA went through a five-year surge in venture capital (VC) investment that fostered a new generation of startups from ride-hailing giant Didi Chuxing to TikTok-parent Bytedance Ltd. Now the boom...

Chinese tech company seeks US$500m to prepare for tough times

[HONG KONG] Tencent Holdings Ltd.-backed grocery delivery startup Missfresh is seeking up to US$500 million of new funding to help tide it over tougher times, according to people familiar with the...

Asia leads global VC arena with US$129b in deals for 2018: Preqin

ASIA surpassed North America in Venture Capital (VC) deals in 2018, recording US$129 billion worth of deals for the year, as opposed to North America's US$113 billion, a report by alternative...

Chinese unicorns made Asia world's most active VC market in 2018: Preqin

ASIA has surpassed North America in venture capital (VC) deals in 2018, recording US$129 billion worth of deals for the year, as opposed to North America’s US$113 billion, indicates a report by...

Centurium Capital raises over $2.7b from GIC, Temasek, among others

HONG KONG • China's Centurium Capital, a big backer of domestic start-up Luckin Coffee, said it has raised more than US$2 billion (S$2.7 billion) in its debut fund, giving the private equity firm...

Blockchain accelerator facilitates raising of S$17m

GOVERNMENT-backed blockchain accelerator Tribe has opened the door to S$16.8 million worth of funds for its inaugural cohort of 10 companies, through its ecosystem of corporate and investor...

 

 

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