Venture Capital
The French startup raised a total of $108m in the Series C extension round.
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
Private Equity
GIC will buy about half of Works Human’s shares.
People
GoodWorker has been acquired by Affinidi, sources told DealStreetAsia.
Deals
Mapletree said it may consider selective divestment of non-core assets.
Maqsad issued preference shares this week to investors that backed its seed and pre-seed rounds.
Singtel owns a 35% stake in Telkomsel.
Goyal will be responsible for leading OMERS’s strategic growth in the region.
SIA Engineering expects the deal to earn $858m revenue over its three-year term.
Indonesia’s Baskit, Singapore’s Equatorial Space also raised funds.
The bid-ask gap is particularly wide for Chinese, technology, and crypto assets, investors said.
