Economic growth and changing lifestyle habits are powering a rapid expansion of streaming in the region.
India: Facebook invests $25m in social commerce startup Meesho: Report
Singapore’s Trax acquires US-based retail rewards app Shopkick
Indonesian P2P lender KoinWorks closes $12m Series B funding round
Temasek co-leads $130m Series E in US-based lending platform Blend
India Dealbook: TCS raises stake in Japanese JV; Affle acquires RevX Inc
Sieu Viet Group acquires Vietnamese HR platform MyWork
Piramal Group in talks with SoftBank, GIC to raise up to $750m
Myanmar’s Irrawaddy Green Towers on the block as PE investors seek exit
SG’s Tin Men Capital raises $20.8m from 50 investors for first fund
Sinopharm, Cedarlake and SG’s Novena form $150m SE Asia healthcare fund
Thailand’s government sees EVs as a way to ease Bangkok’s air pollution and fortify an automotive industry generating about 12% of gross domestic
In March, PTTEP, a unit of the state-owned PTT Pcl, bought Murphy Oil Corp's assets in Malaysia for $2.13 billion.
Korea Investment Corporation has appointed Dae-yang Park as its new chief investment officer.
Tencent is diversifying from its core Chinese gaming business, which has been beset by regulatory problems.
IPOs & Markets
AWC's IPO could be between $1 billion - $1.5 billion, the biggest in terms of value this year.
KBank, Thailand’s third-largest lender, has launched its KATALYST project to help startups work with the bank.
Lazada co-founders Aimone Ripa di Meana and Alessandro Piscini have launched CREA, a B2B digital commerce startup serving SE Asia.
Grab has launched Grab TukTuk Electric in Chiang Mai in an effort to roll out electric vehicles in Thailand.
Charoen Sirivadhanabhakdi’s net worth has reportedly risen to $13.4 billion.
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