People
GoodWorker has been acquired by Affinidi, sources told DealStreetAsia.
China's JD.com to spin off industrial, property units in Hong Kong listing
Asiantrust Capital halves target for hybrid fund, set to close it this year
SG-based True Global Ventures invests over $24m in French crypto firm Ledger
How China's PE funds will help revive its distressed property market
Alibaba's logistics unit gears up for Hong Kong IPO this year
More Stories
Temasek-backed Indian jobs platform GoodWorker lays off nearly 90% staff
PH salary-on-demand startup Advance raises $16m, acquires Vietnam’s BravoHR
Canadian pension fund OMERS names Ashish Goyal as new APAC head
Bukalapak posts $130m profit in 2022, thanks to a strong first quarter
Vietnam’s Vingroup in talks with investors to sell stake in shopping mall arm
According to its LinkedIn page, the company has over 7,500 employees.
Deals
B2B venture capital fund StartupXSeed led funding in Vitraya.
BetterPlace had acquired the Indonesia-based job platform MyRobin in Feb.
The $4.9m deal signals the return of the dining-out culture after COVID-19.
Policy & Regulations
Seven listed firms of the Adani Group have shed over $120b in market value since the Hindenburg report was published.
The company had in August raised $210m in a fresh funding round.
Financial details of the transaction were not disclosed.
HSL will use the proposed funding for its operations in Hassan and Doddaballapur.
Existing backers, Elevation Capital and RPSG Capital also joined the round.
