agreement, Briefing, due diligence, gojek, Merger, new brief, News, ride-hailing, Southeast Asia, Startups, super-app, term sheet, tokopedia Report: Gojek, Tokopedia sign conditional sales agreement for merger deal The merged entity could be valued between US$35 billion to US$40 billion. Source link
Briefing, deliveroo, new brief, News, Startups, UK IPO Deliveroo eyes ‘billions’ in UK listing It was valued at over US$7 billion after raising US$180 million in investment in January. Source link
Briefing, China, ecommerce, Fintech, JD Technology, JD.com, new brief, News Sources: JD.com’s fintech arm may withdraw its IPO in Shanghai The unit felt it was appropriate to withdraw its listing due to recent changes in its name, business, and senior…
Briefing, family offices, india startup ecosystem, institutional funding, Investments, new brief, News, small industries development bank of india, trifecta capital, Venture Capital, venture debt Venture debt firm Trifecta Capital closes its second fund at $140m The firm plans to launch its third venture debt fund in Q3 2021. Source link
autonomous driving, Briefing, ByteDance, Investments, new brief, News, QCraft, Startups Sources: TikTok owner makes automotive bet with investment in QCraft ByteDance is pouring money into QCraft as part of its latest investment round, which could net the car company least…
Briefing, China, ecommerce, electronic trading, foreign minister, Indonesia, Jakarta, new brief, News, online platforms, Regulation, trade deficit, trading platform Indonesia to introduce rules to prevent predatory ecommerce pricing, sources say The new regulations are set to go out this month. Source link
Baidu, bilibili, Briefing, China, Hong Kong IPO, Hong Kong Stock Exchange, new brief, News, Startups, startups in china Baidu wins approval for secondary listing in Hong Kong The approval would allow the tech titan to launch its secondary listing as soon as this month. Source link
Alibaba, Briefing, HungryNaki, new brief, News, startup acquisition, Startups, startups in Bangladesh Alibaba acquires Bangladeshi food delivery startup HungryNaki Alibaba is acquiring 100% of HungryNaki through Daraz Group, a Pakistani ecommerce firm the Chinese titan acquired in 2018. Source…
AET Fund, Briefing, chiratae ventures, edtech, Investments, new brief, News, startup funding, Startups, startups in india Indian edtech firm Questt banks $1.35m in seed money The startup said it plans to use the funds to onboard more users, add new functionalities to its app, and…
Briefing, ByteDance, clubhouse, Elon Musk, Gamestop, new brief, News, Robinhood, Social Media, Startups, tiktok Sources: ByteDance to develop Clubhouse-like app for China ByteDance’s plans on coming up with a Clubhouse-like app for China are in the early stages. Source link