Carsome is entering the slowdown with cash in hand, after raising $50 million in December.

The post Used car platform Carsome sees opportunities amid COVID-19 outbreak appeared first on DealStreetAsia.

Paytm plans to double down on existing categories like payments, content and gaming and push usage in Tier 3 and 4 geographies.

The post Financial services, gaming strategies to keep Paytm relevant in current times, says CEO appeared first on DealStreetAsia.

In 2019, JD.com merged its secondhand commodity trading platform Paipai.com with Aihuishou.

The post JD.com-backed second hand goods platform Aihuishou spots big opportunity in trade-in market appeared first on DealStreetAsia.

The BigBasket and Portea Medical promoter expects to see venture debt rising as an asset class in India.

The post Critical to conserve cash and ride out the storm, says GrowthStory’s K Ganesh appeared first on DealStreetAsia.

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.

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.

Generation Z, or people born in the mid-to-late 90s or later, make up 30% of the population in the archipelago.

The post Gen Z is rewriting the Indonesian consumer sector story appeared first on DealStreetAsia.

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.

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.

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.

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.

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.

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.

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.

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.

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.

"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.

Investors are betting slower economic growth will spur opportunities for the distressed-assets firm.

The post Thai distressed assets manager BAM emerges top stock amid virus outbreak appeared first on DealStreetAsia.

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.

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.

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.

The bidding is shaping up as a battle between Dhanin Chearavanont's Charoen Pokphand (CP) Group, Central Group, and beer-and-property magnate Charoen Sirivadhanabhakdi's TCC Group.

The post Thai tycoons set to go head-to-head as Tesco invites bids for $9b Asia biz appeared first on DealStreetAsia.

WeWork's SE Asia peers claim to have emerged largely unscathed with big expansion plans for this year.

The post Forget WeWork’s woes, SE Asia’s co-working space operators are expanding appeared first on DealStreetAsia.

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.

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.

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.

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.

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.

Omise dominates in Thailand thanks to its extensive relationships, but other markets pose more of a challenge.

The post Thai fintech startup Omise is betting on blockchain to cash in on e-commerce growth appeared first on DealStreetAsia.

The seven carriers are Thai AirAsia, Thai Lion Air, Nok Air, Bangkok Airways, Thai Smile, Thai VietjetAir and Thai AirAsia X.

The post Thai air carriers seek $491m bailout from government appeared first on DealStreetAsia.

The group will purchase Bien Hoa Packaging through a joint venture with top Japanese cardboard maker Rengo.

The post Siam Cement buys Vietnamese packaging materials maker appeared first on DealStreetAsia.

The deal is the largest inbound industrial transaction in Vietnam in the last three years.

The post Thailand’s Stark Corporation acquires Vietnamese cable makers for $240m appeared first on DealStreetAsia.

The Thai firm expects to generate IRRs of around 17% from these projects over a period of 20 years.

The post Thai Super Energy to pick controlling stake in Vietnamese assets for $457m appeared first on DealStreetAsia.

RISE said it will use the funds to expand beyond Thailand to Singapore, Indonesia and Malaysia.

The post SEA Digest: Thailand’s RISE, Indonesia’s Webtrace raise seed funding appeared first on DealStreetAsia.

Thai SCB is looking to issue loans up to $214 million over the next five years in Myanmar.

The post Thailand’s Siam Commercial Bank secures nod to set up unit in Myanmar appeared first on DealStreetAsia.

The country’s largest retailer, Central Retail Corporation Pcl (CRC), was calling up previous customers.

The post Thai retailers find new ways to sell amid COVID-19 outbreak appeared first on DealStreetAsia.

Kaidee offers over 30 categories of both new and second-hand goods and services.

The post Dubai-based EMPG acquires Thai online retailer Kaidee appeared first on DealStreetAsia.

After the loan, the money-losing national carrier plans to raise 77.04 billion baht in capital.

The post Thai Airways to seek $1.8b emergency loan to navigate COVID-19 impact appeared first on DealStreetAsia.

• Real Sociedad goalkeeper Remiro confirms positive
• La Liga plans to return without spectators in June

Five players in Spain’s top two divisions have tested positive for Covid-19 since clubs began testing players and staff members last week, with the Real Sociedad goalkeeper Álex Remiro confirming himself as one of the cases.

A statement from La Liga said the players would remain at home where they would continue individual training before being tested again “in the next few days” to determine whether they can return to their club’s training ground.

• Dresden players sent home after two test positive
• ‘We are not changing our plans,’ says Christian Seifert

The Bundesliga is keen to press ahead with plans to restart the season for the top two tiers next weekend, despite Dynamo Dresden’s squad being quarantined for two weeks.

Dresden’s players were sent home after two tested positive for coronavirus. This means the second tier club cannot play their first two games of the restart – against Hannover on 17 May and against Fürth the following weekend.

Global infections surpass 4m; cluster detected in Dordogne, new cases highlight risks as lockdowns eased

• Coronavirus – latest updates
• See all our coronavirus coverage

New coronavirus infections rose again in Germany at the end of last week, a few days after leaders loosened social restrictions, while the Chinese city of Wuhan announced it had detected its first case in weeks, helping to push the global total past 4m on Sunday.

On the eve of the UK starting to ease its lockdown on Monday, the new cases in Germany and China illustrated the difficulties governments will face over the next months as they attempt to reopen their societies without triggering a second wave of infections.

As he tussled with John Humphrys on Radio 4, the Labour leadership challenger sounded confident, articulate and human

Listening to the radio this morning I had an experience I realised I’d almost forgotten. It was the sound of a Labour politician being combatively quizzed on Radio 4 by Today’s John Humphrys in the key 8.10 spot and giving confident, articulate answers in return. When did I last hear that, I wondered?

What follows here isn’t a party political broadcast for Owen Smith. For the first time since Labour’s glittering leadership contest to succeed Harold Wilson in 1976 – Callaghan versus Healey, Foot, Crosland, Jenkins and Benn – he’s a leadership contender whom OAP Mike doesn’t really know.

The candidate’s excesses appeal to voters who feel marginalised and for whom the temptation is to blur reality and illusion

Whenever I think about the dysfunctional horror of the looming presidential election in America – so weird that Nigel Farage can pop up in Mississippi on the Trump campaign – I can’t get Susan Sarandon or Plato out of my mind. Let’s talk first about the actor. When did Plato make a decent movie, eh?

A few weeks ago Sarandon gave a magazine interview to an overawed writer in which she set out her well-known political stall as a radical feminist who backed Bernie Sanders and doesn’t think much of Hillary Clinton. “There’s nothing about her I find feminist except that she’s a woman,” she said.

From parking fines to airline fares, society’s financialisation is seeing the collective cake shrink as the rich claim an ever larger slice

It is the dog end of August and the sun is shining in many places. A cue for all sorts of predatory people in the thriving British holiday trades to rip off customers who don’t always have a choice and feel ambushed.

In a remote and empty Lake District car park the other day my sister fell foul of an unclear car parking regime. It led to a fine being levied for outstaying the time she had paid for by a few minutes. It happens to us all. In crowded Notting Hill last week, a man told me his car had once been given a penalty notice while he was away at the ticket machine paying his £1.60 for 30 minutes.

Related: Corbyn promises to 'democratise the internet' - Politics live

My firm takes IT projects from an online Service based Marketplace www.guru.com; where Websoft Inc (doing business as Guru.com) is an entity from Pittsburgh, USA and they charge a certain percentage (%) of the total project value as a "Project Fee" and also take a monthly fee as "Subscripttion F

I worked in a company for three years from 2016 to 2019 and as I attained 60 years, as per company policy they retired me. After this I applied for final withdrawal of PF from EPFO. I got the withdrawal amount, however they deducted Income Tax at 10% (TDS). Here my query is my service was only 3 years and due to my age I was not able to complete minimum age of 5 years and company as per the policy retired me. In this case can I claim refund of IT deducted. If so, under which section.

Thanks in advance

• Indie
• Hip-Hop
• Rap

It is that day when we celebrate motherhood, mothers, their unmatched love and every small and big thing they do for us. Bollywood celebrities have been sharing heart-warming photos and posts on social media, to mark the day. For Shilpa Shetty, however, it is an extra special day since her surrogate daughter Samisha came home a few months back, and she gets to celebrate the day with her two children now!

During a recent interview, Shilpa reveald that she always wanted two kids since she knows how impactful having a sibling can be, and did not want son Viaan to grow up alone. However, she developed an auto-immune condition called APLA which caused her miscarriages every time she got pregnant.

Before she decided to opt for surrogacy, Shilpa revealed she had also considered adoption as an option and put her name with an organisation for the same. However, it got pushed due to internal disputes and after waiting for four years, her patience got over and she and husband Raj Kundra decided to have a surrogate baby.

On Instagram, we keep coming across photos of the happy family, and Viaan always looks excited to have been promoted to a big brother.

Happy Mother's Day to you, Shilpa!