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
Temasek-backed alt protein startup Next Gen eyes expansion in the West
Next Gen will also continue to focus on growth opportunities in Asia.
Singapore homecare startup Homage raises $26.6m led by Temasek entity
Existing investor HealthXCapital re-upped in the latest round.
Ant Group invests $15m in Chope, buys call options to own 40% stake
The fundraise comes on the back of a strategic partnership between Chope and Ant Group's Alipay.
Mental health startup Intellect raises $2.2m in pre-Series A round led by Insignia
Y Combinator, XA Network, angel investors and family offices also participated in the round.
Gaming giant Razer clocks $31m profit in H1 as revenue soars
At $677.3m, the hardware business accounted for 90% of Razer's overall revenue.
Wavemaker co-leads $30m round for Pakistan’s B2B startup Bazaar
The round brings the total funding bagged by Bazaar to $38 million.
Despite widening losses, analysts and retail investors bet big on Sea Ltd
Analysts point to strengths across Sea's e-commerce, gaming, and digital payments verticals.
AirAsia’s logistics arm Teleport buys food delivery app Delivereat for $9.8m
The deal values Teleport at $300 million.
Boustead Berhad to sell its 66% stake in University of Nottingham Malaysia for $44m
The Malaysian company is cutting down investments in non-strategic assets.
[Updated] Sea Group’s second quarter losses widen by 10% on higher marketing, R&D spends
Revenues surged 159% to $2.3 billion, driven by growth in Shopee and Garena.
