The $3-billion tag for a 10% stake amounts to a valuation of $7.5 billion for the 25% currently owned by Temasek.
WeWork’s Adam Neumann picks Nasdaq over NYSE for listing
SoftBank said to double stake in Brazilian fintech Banco Inter
Indonesian used car market large enough for over 2 leaders: BeliMobilGue new CEO
Malaysian health tech startup Naluri Hidup eyes up to $5m in Series A funding next year
SoftBank Vision Fund sells 4.9m shares of high-flying portfolio firm Guardant Health
Innoven Capital clocks maiden deals in Vietnam, backs Tiki and UP Co-working
Indonesian startup Base bags seed funding co-led by East Ventures, Skystar Capital
Top SoftBank deals slammed from Wall Street to California
Grab Financial to launch Singapore-Philippines remittance corridor by year-end
SG’s Vertex adds $290m venture fund to ramp up tech investments
Rest of Asia
A month after announcing an eclectic mix of investors for its Vision Fund 2, SoftBank is leaning on its own employees for cash.
Ant Financial, which operates the e-commerce giant’s Alipay payment service, tripled its operating income from the prior quarter.
WeWork is the inevitable outcome of the last decade of technology and financial development.
Indonesia has been touchy in the past about ceding control of its lenders to the neighbouring city-state.
Why is Mukesh Ambani hitting the brakes on a seven-year, $100 billion investment spree across refining, petrochemicals, telecom and retail?
And, challenger banks reckon that fintech can help them shake the dominance of entrenched rivals.
Most of SoftBank' increase in net income came from a one-time gain from its direct stake in Alibaba Group.
DealstreetAsia brings together eight speakers, representing some of the most active LPs and GPs in region.
To retreat from retail banking just as Asia’s digital consumption is about to explode would be a strategic blunder.
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