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Vietnamese conglomerate Vingroup to buy Shop&Go stores for US$1

The unprecedented deal in Vietnam’s retail industry was proposed by the chain owner.

Indoneisan Unicorn Go-Jek to seal investment deals in Rebel Foods, MPL

The move is aimed at improving Go-Jek’s food delivery business, GoFood to go up against competitor GrabFood.
VNG Corporation

Singapore’s State Investor Temasek picks up US$29 million worth of shares in VNG

This transaction places VNG valuation at US$2.2 billion.

Perx secures US$5 million in Series B funding to boost customer loyalty platform

26/5/2019 - Perx Technologies, a customer loyalty platform based in Singapore said that it is raising US$5 million in a Series B funding round...

Singapore’s iVideoSmart to raise US$4.5 million led by Kickstart Ventures

Returning investors Monk’s Hill Ventures and EE Capital also participated in the funding round, alongside lead Kickstart Ventures.

Singapore’s Tembusu Partners setups Chinese funds worth US$149 million in Guizhou

The funds launched would primarily be invested in tech, infrastructure, healthcare, tourism and impact-related projects in China.
AnyMind Group

AnyMind Group completes US$21.4 million Series B and acquisition of Thailand’s Moindy Digital

This puts the Series B round for the AI solutions provider targeting advertising, HR and influencer marketing at a total of US$24.1 million.
Dean & Deluca

Thailand’s PACE sells stake in Dean & Deluca Japan for US$10 million

PACE Development Corporation has sold its 50 percent stake ownership in Dean & DeLuca Japan to Welcome Co Ltd.
Insurance technology

Insurtech startup Saphron completes US$1 million in seed funding from Sage Venture, Talino Labs

The insurance startup thus aims to make financial inclusion a reality in Southeast Asia.
Woongjin Coway

Korea’s Woongjin acquires additional Coway shares from GIC for US$266 million

The move will further increase its grip on Coway and allow it to resume control over the water and air purifier maker.
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