Rachel Phua
Rachel Phua is a reporter with DealStreetAsia based in Singapore and covers startups and venture capital. She was previously a reporter at Channel NewsAsia with both the digital and broadcast teams, covering labour and property news.
Stories by Rachel Phua
SG private exchange ADDX scores big PE listings as tokenisation gains steam
ADDX has scored several blue-chip PE giants — Hamilton Lane, Partners Group, and Fullerton.
Indonesia, Singapore slowly warm up to gig worker rights amid growing unrest
Singapore may make it mandatory for cos to contribute to gig workers’ pension accounts.
Classifieds platform Carousell acquires second-hand clothing website Refash
Refash will continue to operate as its own brand, retaining its name, platform and team
Probe at Zilingo highlights corporate governance issues at startups
Zilingo, Trell, and Zetwerk are some companies that have been mired in recent controversies.
E-commerce firm Lazada receives $378m capital injection from parent Alibaba
This is the largest capital injection since June 2020, when it had received $1.3b from Alibaba.
Carsome acquires auto websites WapCar, AutoFun
WapCar and AutoFun will become a subsidiary under Carsome
ADB Ventures seeks to make first close of $100m debt fund this year
The fund will provide venture debt from the Series B stage onwards.
SG’s BandLab raises $12m more in Series B, Prosus Ventures joins as new investor
This brings the total Series B fundraising to $65m million.
SEA Digest: Blibli, Tiket.com in pact; JE Cleantech shares surge; Luno bags MAS nod
JE Cleantech had a net profit of $1.28m in 2020.
Asia Digest: Circulate Capital ropes in LP; UnaBiz wins bid for Sigfox
Circulate Capital will receive up to $20 million from the European Investment Bank.
