IPOs & Markets
Guardant remains one of Vision Fund’s more profitable holdings. The fund still holds 20 million shares in the firm.
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
The buyout offer is the latest sign of the Chinese tech giant's determination to plough ahead with further expansion.
SoftBank has put more than $10 billion into WeWork and is a key financier of businesses in the gig economy.
It is currently raising its second fund, which has a $150 million hard cap.
Facebook has roped in Peter Lydian Sutiono as the new country director for the Indonesia office while Gojek has appointed Ainul Yaqin as its CMO.
Investors such as SoftBank are not too worried about cash burn and are willing to fund losses if growth continues.
Existing investors Matrix Partners, Stellaris Venture Partners and Kalaari Capital are also expected to join the round.
Pluang plans to use the capital to go beyond the ambit of gold, launch US dollar savings and fixed return products.
Insilico will use the funding to commercialise its technology, hire a senior management team and further develop its pipeline in cancer and immunology
Thailand-listed MK Restaurant Group will acquire 65% stake in restaurant chain Laem Charoen Seafood for $67.13 million.
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