l Investor interest in PE funds to heighten in post-virus world: Moonfare APAC head By www.dealstreetasia.com Published On :: Fri, 08 May 2020 00:50:32 +0000 Moonfare platform allows family offices, bankers and HNIs to access a curated range of private equity funds. The post Investor interest in PE funds to heighten in post-virus world: Moonfare APAC head appeared first on DealStreetAsia. Full Article Mathieu Forcioli Moonfare
l Mandiri Capital CEO calls e-payments a ‘cash-burning exercise’ By www.dealstreetasia.com Published On :: Tue, 26 Nov 2019 09:47:38 +0000 The race for customers in Indonesia is so intensive that e-payment firms are offer steep discounts. The post Mandiri Capital CEO calls e-payments a ‘cash-burning exercise’ appeared first on DealStreetAsia. Full Article GoPay LinkAja Mandiri Capital ovo
l SBI Cards betting on millennial-driven growth story in upcoming share sale By www.dealstreetasia.com Published On :: Sun, 01 Dec 2019 15:56:41 +0000 Is India’s first IPO of a credit card issuer an opportunity with boundless prospects or a victim of arrested development? The post SBI Cards betting on millennial-driven growth story in upcoming share sale appeared first on DealStreetAsia. Full Article SBI Cards
l SoftBank’s Son may still have the last laugh on WeWork deal: Bernstein By www.dealstreetasia.com Published On :: Fri, 06 Dec 2019 12:31:22 +0000 Chris Lane of Sanford C. Bernstein says WeWork can have a bright future if SoftBank overhauls the business plan. The post SoftBank’s Son may still have the last laugh on WeWork deal: Bernstein appeared first on DealStreetAsia. Full Article Softbank WeWork
l Bangkok Bank’s bid for Permata reflects Thailand’s overseas M&A ambition By www.dealstreetasia.com Published On :: Sun, 15 Dec 2019 14:09:42 +0000 Since 2010, Thai firms have led or taken part in $83 billion of overseas M&A, including 18 deals of $1 billion or more. The post Bangkok Bank’s bid for Permata reflects Thailand’s overseas M&A ambition appeared first on DealStreetAsia. Full Article Bangkok Bank permata
l How unicorns can no longer expand in perpetuity with others’ money By www.dealstreetasia.com Published On :: Fri, 20 Dec 2019 06:31:32 +0000 Startups will be judged by what they are doing rather than what they might accomplish in a starry future. The post How unicorns can no longer expand in perpetuity with others’ money appeared first on DealStreetAsia. Full Article Lyft Inc Pinterest Inc Snap Inc. WeWork
l Vietnam 2020: Soaring valuations, weak SME deal flow may cloud prospects By www.dealstreetasia.com Published On :: Fri, 03 Jan 2020 00:44:33 +0000 The market might take one or two years to see the next batch of SMEs emerge. The post Vietnam 2020: Soaring valuations, weak SME deal flow may cloud prospects appeared first on DealStreetAsia. Full Article ESP Capital Mekong Capital Propzy rever VinaCapital
l Indonesia 2020: Tougher funding environment to trigger consolidation By www.dealstreetasia.com Published On :: Fri, 03 Jan 2020 00:45:23 +0000 Fundraising conversations will increasingly be centred around business models and sustainability. The post Indonesia 2020: Tougher funding environment to trigger consolidation appeared first on DealStreetAsia. Full Article DANA ovo Tokopedia
l Financial discipline focus for startups in Indonesia in 2020 By www.dealstreetasia.com Published On :: Thu, 16 Jan 2020 23:40:49 +0000 The tougher scrutiny could dampen investment flows into the region. The post Financial discipline focus for startups in Indonesia in 2020 appeared first on DealStreetAsia. Full Article
l For Indonesian startups, strong foothold in local market is first priority By www.dealstreetasia.com Published On :: Sat, 18 Jan 2020 00:10:16 +0000 A solid foothold in Indonesia is one of the important prerequisites for overseas expansion. The post For Indonesian startups, strong foothold in local market is first priority appeared first on DealStreetAsia. Full Article General Atlantic IDN Media Indonesia PE-VC Summit 2020 Sorabel Traveloka
l Should SoftBank’s Masayoshi Son try angel investment? By www.dealstreetasia.com Published On :: Tue, 21 Jan 2020 07:08:05 +0000 An 80 per cent writedown on The We Co. has delivered some cold hard truths about Son's vulnerability. The post Should SoftBank’s Masayoshi Son try angel investment? appeared first on DealStreetAsia. Full Article Slack Technologies Inc. SoftBank Vision Fund Uber Technologies Inc. WeWork
l Current challenges in Indonesian logistics sector throw up opportunities By www.dealstreetasia.com Published On :: Tue, 21 Jan 2020 23:11:39 +0000 At 24 per cent of Indonesia’s GDP, the country’s logistics costs are among the highest in Southeast Asia. The post Current challenges in Indonesian logistics sector throw up opportunities appeared first on DealStreetAsia. Full Article KarGo Kejora Ventures Ninja Xpress Indonesia
l China’s Starbucks challenger Luckin Coffee isn’t all out of luck By www.dealstreetasia.com Published On :: Mon, 03 Feb 2020 13:41:02 +0000 The opportunely timed sale gives Luckin a war chest to survive the hit to consumption from the epidemic. The post China’s Starbucks challenger Luckin Coffee isn’t all out of luck appeared first on DealStreetAsia. Full Article Luckin Coffee Starbucks
l Alibaba’s China disconnect a serious blow to Hong Kong By www.dealstreetasia.com Published On :: Tue, 11 Feb 2020 23:30:05 +0000 Alibaba can’t be included in the stock connect programme linking Hong Kong with the Shanghai and Shenzhen exchanges at present. The post Alibaba’s China disconnect a serious blow to Hong Kong appeared first on DealStreetAsia. Full Article Alibaba Group Holding Inc Baidu Inc. JD.com Inc Meituan-Dianping Xiaomi Corp
l How China’s coronavirus outbreak is bringing Alibaba to its knees By www.dealstreetasia.com Published On :: Fri, 14 Feb 2020 00:28:52 +0000 CFO Maggie Wu told investors that China's retail and local consumer businesses would be hit hardest. The post How China’s coronavirus outbreak is bringing Alibaba to its knees appeared first on DealStreetAsia. Full Article Alibaba Group Holding Ltd.
l SoftBank’s latest fund wheeze sets off new alarms By www.dealstreetasia.com Published On :: Tue, 18 Feb 2020 01:02:18 +0000 Vision Fund head Rajeev Misra is reportedly looking to raise a multi-billion dollar fund to buy listed stocks. The post SoftBank’s latest fund wheeze sets off new alarms appeared first on DealStreetAsia. Full Article SoftBank Group Corp
l Taxis can coexist with ride-hailers, says Blue Bird president By www.dealstreetasia.com Published On :: Tue, 25 Feb 2020 23:45:00 +0000 Once the price war is over, we can all collaborate, says Blue Bird president director Noni Purnomo. The post Taxis can coexist with ride-hailers, says Blue Bird president appeared first on DealStreetAsia. Full Article Blue Bird Gojek
l More than a bailout, Tencent-backed NIO needs a new strategy to survive By www.dealstreetasia.com Published On :: Thu, 27 Feb 2020 01:29:48 +0000 NIO counts the likes of Baillie Gifford (a big Tesla investor), Tencent and Temasek among its backers. The post More than a bailout, Tencent-backed NIO needs a new strategy to survive appeared first on DealStreetAsia. Full Article Automobile Group Corp NIO Inc. Temasek Holdings Pte Tencent Holdings Ltd. Tesla Inc
l India up for sale as PM Modi offers national icons to plug deficit By www.dealstreetasia.com Published On :: Fri, 06 Mar 2020 02:41:46 +0000 Modi has launched India’s biggest-ever asset sale, a $29 billion privatization drive that would help prop up the economy. The post India up for sale as PM Modi offers national icons to plug deficit appeared first on DealStreetAsia. Full Article Air India Ltd Bharat Petroleum Corp IDBI Bank Ltd Life Insurance Corp. of India Reliance Industries Ltd.
l SoftBank’s share buyback plan is all about getting the timing right By www.dealstreetasia.com Published On :: Sun, 15 Mar 2020 13:56:11 +0000 The Japanese conglomerate plans to spend up to $4.8 billion to purchase as much as 7% of its own shares. The post SoftBank’s share buyback plan is all about getting the timing right appeared first on DealStreetAsia. Full Article Masayoshi Son SoftBank Group Corp
l Neumann could be cornered as SoftBank has second thoughts about WeWork By www.dealstreetasia.com Published On :: Wed, 18 Mar 2020 07:02:18 +0000 Probes by the U.S. Justice Department and the SEC have given SoftBank an excuse to go back and renegotiate a deal with The We Company's existing shareholders. The post Neumann could be cornered as SoftBank has second thoughts about WeWork appeared first on DealStreetAsia. Full Article Adam Neumann Elliott Management Corp SoftBank Group Corp WeWork
l Guest Post: How to help your startup survive a pandemic By www.dealstreetasia.com Published On :: Thu, 19 Mar 2020 07:25:40 +0000 Eddie Thai, a Partner at 500 Startups, lists out specific tips for surviving in these tough times. The post Guest Post: How to help your startup survive a pandemic appeared first on DealStreetAsia. Full Article 500 Startups Eddie Thai
l In India, the virus lockdown will turn into a $28b gig-loan buster By www.dealstreetasia.com Published On :: Thu, 19 Mar 2020 08:02:25 +0000 The cost of protecting against the virus will fall disproportionately on the poor. The post In India, the virus lockdown will turn into a $28b gig-loan buster appeared first on DealStreetAsia. Full Article
l COVID-19 crisis set to spur M&A in SE Asia, says Golden Gate’s Lauria By www.dealstreetasia.com Published On :: Tue, 24 Mar 2020 21:53:21 +0000 The M&A wave is seen as startups begin to struggle with the virus' impact on their cashflows. The post COVID-19 crisis set to spur M&A in SE Asia, says Golden Gate’s Lauria appeared first on DealStreetAsia. Full Article golden gate ventures
l SoftBank offers glimpse of the pain the private equity world is in By www.dealstreetasia.com Published On :: Wed, 01 Apr 2020 00:40:25 +0000 SoftBank behaves more like a private equity firm than an angel investor: Its capital is really debt, and it likes to invest in rivals and force them to merge. The post SoftBank offers glimpse of the pain the private equity world is in appeared first on DealStreetAsia. Full Article SoftBank Group Corp
l Guest Post | This is how much harder it is to raise capital during a downturn By www.dealstreetasia.com Published On :: Thu, 02 Apr 2020 10:34:09 +0000 Overall, if we can learn from history, there is a decent chance startups are in for a rough time ahead. The post Guest Post | This is how much harder it is to raise capital during a downturn appeared first on DealStreetAsia. Full Article COVID-19 startup fundraising
l Another 5b reasons for SoftBank to walk away from WeWork By www.dealstreetasia.com Published On :: Thu, 02 Apr 2020 11:03:10 +0000 SoftBank Group Corp. needs to cut and run on its entire WeWork investment, not just the shares. The post Another 5b reasons for SoftBank to walk away from WeWork appeared first on DealStreetAsia. Full Article Softbank WeWork
l Guest Post | Coronavirus: Liquidity will come at a premium for VC asset class By www.dealstreetasia.com Published On :: Thu, 02 Apr 2020 23:53:18 +0000 Fire sales of VC fund stakes are most likely to be initiated first by high net worth individuals and some family offices. The post Guest Post | Coronavirus: Liquidity will come at a premium for VC asset class appeared first on DealStreetAsia. Full Article COVID-19
l Singapore’s data centre REITs are a happy lot as more people work from home By www.dealstreetasia.com Published On :: Sun, 19 Apr 2020 15:16:13 +0000 Shares in Keppel DC REIT have recouped most of their March losses. The post Singapore’s data centre REITs are a happy lot as more people work from home appeared first on DealStreetAsia. Full Article Keppel DC REIT
l Guest Post | WhatsApp and Jio: The Super Platform By www.dealstreetasia.com Published On :: Fri, 24 Apr 2020 00:27:55 +0000 The deal is likely to help Jio in its goal of bringing 30 million neighbourhood grocery stores online. The post Guest Post | WhatsApp and Jio: The Super Platform appeared first on DealStreetAsia. Full Article Facebook Inc Jio WhatsApp
l Guest Post | Implications and second-order effects of Jio-Facebook deal By www.dealstreetasia.com Published On :: Mon, 27 Apr 2020 03:53:28 +0000 As the Jiomart platform takes off and increases in scale, there could be interesting possibilities that may emerge. The post Guest Post | Implications and second-order effects of Jio-Facebook deal appeared first on DealStreetAsia. Full Article Facebook Jio
l Founders grappling to make startups recession-proof: Sequoia Capital By www.dealstreetasia.com Published On :: Thu, 07 May 2020 00:45:11 +0000 "Covid-19 is redefining what uncertainty means," said Sequoia Capital India in its newsletter. The post Founders grappling to make startups recession-proof: Sequoia Capital appeared first on DealStreetAsia. Full Article Sequoia Capital Swiggy Zomato
l General Motors to wind down Australia, NZ operations, sell Thai plant By www.dealstreetasia.com Published On :: Mon, 17 Feb 2020 02:51:08 +0000 General Motors Co is retreating from more markets outside of the United States and China. The post General Motors to wind down Australia, NZ operations, sell Thai plant appeared first on DealStreetAsia. Full Article General Motors
l Thai tycoon’s $2.7b bid for Bank Permata seen as move to secure family legacy By www.dealstreetasia.com Published On :: Thu, 20 Feb 2020 02:50:13 +0000 For Thailand’s oldest banking family, it’s a legacy-defining deal 25 years in the making. The post Thai tycoon’s $2.7b bid for Bank Permata seen as move to secure family legacy appeared first on DealStreetAsia. Full Article Bangkok Bank Pcl
l Guest post: We don’t need a unicorn in Thailand. We need a medium-sized IPO. By www.dealstreetasia.com Published On :: Thu, 20 Feb 2020 20:00:08 +0000 What we need is actually abundant exit opportunities for startups, not unicorns, writes Beacon VC investment manager Nat Wittayatanaseth. The post Guest post: We don’t need a unicorn in Thailand. We need a medium-sized IPO. appeared first on DealStreetAsia. Full Article
l Danish facility management firm ISS Group to sell Thai unit for up to $150m By www.dealstreetasia.com Published On :: Fri, 21 Feb 2020 00:35:41 +0000 Rippledot Capital is said to be the sell-side advisor for the proposed transaction. The post Danish facility management firm ISS Group to sell Thai unit for up to $150m appeared first on DealStreetAsia. Full Article International Service System (ISS) Group ISS Global
l Banned Thai opposition party says junta helped Malaysia’s 1MDB cover-up By www.dealstreetasia.com Published On :: Sun, 23 Feb 2020 16:03:50 +0000 At least six countries have launched money laundering, financial mismanagement and criminal probes into 1MDB dealings. The post Banned Thai opposition party says junta helped Malaysia’s 1MDB cover-up appeared first on DealStreetAsia. Full Article 1Malaysia Development Bhd (1MDB)
l Thai hospital operator BDMS makes $3b buyout offer for Bumrungrad By www.dealstreetasia.com Published On :: Thu, 27 Feb 2020 23:14:55 +0000 BDMS already owns a 25% stake in Bumrungrad Hospital. The post Thai hospital operator BDMS makes $3b buyout offer for Bumrungrad appeared first on DealStreetAsia. Full Article BDMS Bumrungrad
l TCC Group said to fund bid for Tesco’s Asian assets with $10b loan By www.dealstreetasia.com Published On :: Tue, 03 Mar 2020 00:31:42 +0000 If TCC Group wins the bid and the loan is drawn, it would be among the largest corporate financings on record for Thailand. The post TCC Group said to fund bid for Tesco’s Asian assets with $10b loan appeared first on DealStreetAsia. Full Article TCC Group Tesco
l Bangkok Bank plans to acquire another Indonesian lender By www.dealstreetasia.com Published On :: Thu, 05 Mar 2020 14:00:38 +0000 Bangkok Bank plans to acquire another Indonesian lender after buying a controlling stake in Indonesian Bank Permata. The post Bangkok Bank plans to acquire another Indonesian lender appeared first on DealStreetAsia. Full Article Bangkok Bank
l Tesco Lotus set to return to Thai conglomerate CP Group’s stable in $10.6b deal By www.dealstreetasia.com Published On :: Mon, 09 Mar 2020 08:00:21 +0000 CP Group said it would fund the deal with cash flow from group companies and loans. The post Tesco Lotus set to return to Thai conglomerate CP Group’s stable in $10.6b deal appeared first on DealStreetAsia. Full Article Central Group CP Group TCC Group
l Grab shuts Singapore, Thailand offices after coronavirus infection By www.dealstreetasia.com Published On :: Mon, 09 Mar 2020 11:17:40 +0000 The offices were shut for five days of cleaning after a Singapore employee, who previously visited the Bangkok office, tested positive for the coronavirus. The post Grab shuts Singapore, Thailand offices after coronavirus infection appeared first on DealStreetAsia. Full Article Grab
l People Digest: Pomelo appoints HR lead; UK’s Man GLG makes key hires in HK By www.dealstreetasia.com Published On :: Mon, 09 Mar 2020 11:45:16 +0000 Thai e-commerce startup Pomelo has appointed Piyanuch Limapornvanitch as the company’s Chief People Officer. The post People Digest: Pomelo appoints HR lead; UK’s Man GLG makes key hires in HK appeared first on DealStreetAsia. Full Article pomelo
l CP Group’s $10b Tesco deal to test mettle of Thai antitrust watchdog By www.dealstreetasia.com Published On :: Mon, 09 Mar 2020 23:27:44 +0000 The Office of Trade Competition Commission is awaiting CP Group's request for merger approval to study the impact on the economy, market competition and consumers. The post CP Group’s $10b Tesco deal to test mettle of Thai antitrust watchdog appeared first on DealStreetAsia. Full Article CP Group Office of Trade Competition Commission (OTCC) Tesco PLC
l CP Group overpaying for Tesco’s Malaysia and Thai operations, analysts say By www.dealstreetasia.com Published On :: Wed, 11 Mar 2020 05:07:38 +0000 Analysts also expressed concern about the huge debt CP All was taking on in this market environment. The post CP Group overpaying for Tesco’s Malaysia and Thai operations, analysts say appeared first on DealStreetAsia. Full Article CP Group Tesco
l Nexif Energy secures funding for 92MW co-generation power project in Thailand By www.dealstreetasia.com Published On :: Mon, 16 Mar 2020 06:25:13 +0000 A consortium that includes SMBC and Kasikornbank is providing debt funding for the project. The post Nexif Energy secures funding for 92MW co-generation power project in Thailand appeared first on DealStreetAsia. Full Article Nexif Energy Ratch Group
l SCG packaging unit’s $1b Thai IPO put on hold amid coronavirus outbreak By www.dealstreetasia.com Published On :: Tue, 17 Mar 2020 16:04:06 +0000 The Bangkok-listed company had planned to launch an IPO of the subsidiary in the first half of 2020. The post SCG packaging unit’s $1b Thai IPO put on hold amid coronavirus outbreak appeared first on DealStreetAsia. Full Article Siam Cement Group Pcl
l Prudential reaches $753m Thai deal with tycoon Li’s FWD By www.dealstreetasia.com Published On :: Thu, 19 Mar 2020 07:55:25 +0000 TMB had been exploring options for its bancassurance partnerships after its planned merger with Thanachart. The post Prudential reaches $753m Thai deal with tycoon Li’s FWD appeared first on DealStreetAsia. Full Article FWD Prudential TMB Bank
l Thai Life seeks bank pitches for $700m IPO plan By www.dealstreetasia.com Published On :: Thu, 19 Mar 2020 08:34:18 +0000 Thailand’s third-largest life insurer by assets met last month with potential advisers on the proposed share sale. The post Thai Life seeks bank pitches for $700m IPO plan appeared first on DealStreetAsia. Full Article thai life
l Delivery services in SEA face game-changing moment amid virus scare By www.dealstreetasia.com Published On :: Thu, 26 Mar 2020 02:06:24 +0000 Demand for delivery services is skyrocketing across Asia as travel curbs keep more people at home. The post Delivery services in SEA face game-changing moment amid virus scare appeared first on DealStreetAsia. Full Article 7-eleven Central Group Foodpanda Grab