Deals
The deal marks CJF’s first investment in a SE Asian fintech company.
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TreeDots, an online surplus food marketplace, reduced its net loss by 27% last year.
The round could be around $8 million or more, said sources.
The partnership combines two industry powerhouses that serve more than 250 brands.
Analysis
Deal volume in the sector contracted for the first time in nine years.
Vietnam, Indonesia put up restrictions to protect local businesses
Sumitomo Corp. and MUFJ Capital were among the investors.
Private Equity
Warburg Pincus invested $370 million in Techcombank’s pre-IPO round.
The new facility is expected to produce 300,000 units annually in its initial phase.
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