Southeast Asia is a region in Southeast Asia.
Indonesia
Singapore\sMalaysia
Vietnam\sThailand
Philippines
Myanmar
India
Greater China is a term used to describe a
Asia’s rest
World
Internet Economy & E-Commerce
Technology
Infrastructure and Real Estate
Services in the Financial Sector
Infrastructure for Social Development
In Vietnam, startup valuations have fallen as a result of the COVID-19 crisis.
Startups in industries such as tourism, hospitality, and transportation have been hit the worst.
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The COVID-19 controversy has caused a drop in startup valuations in Vietnam.
India’s food delivery juggernaut Zomato has received approval from the Sebi for a $1.1 billion share sale.
Indonesia’s MNC Group wants to use its television viewers to promote a new digital banking business.
SIG backs Squirrel Ai Learning and ten other updates from Syngenta’s Greater China filings for $10 billion. This year’s Shanghai IPO could be the world’s largest.
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Emtek, a supporter of Bukalapak, is in talks to invest in Bank of India. Indonesia
Tiki, a Vietnamese e-commerce company, is claimed to have received $100 million in the first Series E tranche.
SCI Ecommerce, based in Singapore, has raised $65.4 million in a round led by EDBI and others.
Creador, a Malaysian firm, expects to close two additional agreements by the end of August, putting its fourth fund to good use.
London-based Osome, a Singapore-based business, has received a $14 million investment from Hedosophia.
IPOs & Markets India: Zomato, the food delivery unicorn, receives Sebi approval for a $1.1 billion share sale.
The funds will be used to fuel the company’s organic and inorganic expansion goals.
Analysis
Indonesia’s MNC Group wants to use its television viewers to promote a new digital banking business.
MNC, led by Hary Tanoesoedibjo, launched Motion Banking, an online-only bank, last month.
Squirrel Ai Learning is backed by SIG Venture Capital, and there are ten additional updates from Greater China.
We’ve also put together a table of key VC deals in Greater China between July 1-2, 2021.
Markets & Initial Public Offerings
Syngenta has filed for a $10 billion IPO in Shanghai, which could be the largest in the world this year.
ChemChina purchased the Swiss seed and crop protection company in 2017 for $43 billion.
Regulations & Policy
China is looking at Didi’s cyber security just days after its massive IPO.
During the inquiry, Didi is not allowed to register new users, according to the regulator’s website.
Regulations & Policy
Thailand’s Securities and Exchange Commission has filed a criminal complaint against Binance, a cryptocurrency exchange.
Binance has been charged with operating a digital asset business without a license in Thailand.
Deals in Australia: Keppel REIT sells an asset for $205 million; Korea’s NPS acquires a Melbourne skyscraper
The Keppel REIT has sold a 50% share in a Brisbane office building to Charter Hall Prime Office Fund.
Regulations & Policy
China has proposed rules to penalise e-commerce pricing that is illegal.
Consumers have complained that different e-commerce platforms charge different prices for the same services.
Regulations & Policy
Malaysia’s central bank has received 29 bids for digital banking licenses.
In the first quarter of 2022, the central bank aims to grant up to five licenses./n
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