Singapore-based investment firm Jungle Ventures has announced the closing of its second round fund which has reached US$100 million. The round was participated by Temasek Holdings, International Finance Corporation, among some.
Singapore banks are scaling up with DBS Group Holdings Ltd and .Bank of Singapore, Asia's largest home-grown private bank among those in the lead as they are considering for more acquisitions.
The Philippines own "Shark Tank" concept funding show - I'm In is going to connect crowdfunding and venture funding on a TV show, to find the upcoming investment-ready startup.
ShopsUp, a virtual shopping buddy which empowers customers to find the best local fashion and shopping spots has raised US$1 million in its seed funding round from two individual investors, one of which is the former president of Huawei.
After purchasing Groupon Indonesia in August, KFit Group now acquires the company's Malaysian operation as it pivot to become a full-fledged online-to-offline (O2O) platform.
US shoppers went all out on the festivity as Black Friday shopping has yet again surpassed its own milestone with an Adobe report tracking US$3.34 billion from the holiday sales.
Philippines‘ Jollibee buys out partner stake in China-based food Joint Venture Happy Bee for US$10.4 million.
China's largest travel site, Ctrip to buy Skyscanner with deal valuing the British travel-search company at US$1.74 billion,