Antonia

China’s bike-sharing firm Ofo keen to expand across SE Asia

The bike-share startup recently secured $700m led by Alibaba.

Uber rival Grab to raise $2.5b from Didi, Softbank in largest SE Asia deal

Grab will be valued at more than $6 billion at the close of this round.

Tokopedia confirms it is fund raising, does not reveal if talks are on with China’s JD.com

Indonesia: CT Corp to seek investors for subsidiaries before considering IPO, says chairman

Bank Mega is currently the only one of CT Corp’s dozens of units that have been listed on the Jakarta bourse.

Indonesia: M&A value doubles to $4b in first half riding on big-ticket deals

Tencent's $1.2-billion investment in Go-Jek is the largest, Duff & Phelps notes.

Indonesia: P2P app Julo raises seed funding from Skystar Capital, others

East Ventures, Convergence Ventures also joined the round.

Indonesia: Prudential Financial buys 49% in CT Corp’s life insurance business

Prudential picks 49% in CT Group unit to enter the SE Asia country.

Indonesia: Medco to acquire 44.3% of Australian miner MacMahon for $152m

The purchase is valued around $152 million.

Indonesia: ANGIN’s startup-investor site Connector.id to launch full version soon

Connector has garnered 400 startup applications since beta version

Indonesia: ANGIN ropes in former minister Mari Elka Pangestu as angel investor

ANGIN now has 51 angel investors in its network.