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
[Updated] Strong growth in deliveries helps Grab narrow net loss to $652m in Q1
Grab's adjusted EBITDA for its mobility business rose 42% to $115 million in the quarter.
US alt protein maker Nature’s Fynd to open first Asia facility in Singapore by 2023
Singapore's EDBI had invested in Nature’s Fynd earlier this month.
Companies in SE Asia raise record $4.9b via IPOs in first half 2021
The new IPOs made an average return of 59 per cent during their first month of trading.
Crossborder payments platform Airwallex launches early-stage VC fund Capital 49
The fund is targeting investments in e-commerce, SaaS, and fintech sectors.
Singapore logistics startup Ninja Van said to mull US listing in 2022
The firm saw rapid growth last year as the pandemic brought more shoppers and retailers online.
Indonesian startup Hypefast raises $14m from investors including Monk’s Hill, Jungle Ventures
Hypefast backs and acquires digital native companies in fashion, beauty, health and lifestyle.
Singapore’s VisVires New Protein co-leads $16.5m Series A in Collectiv Food
This is VisVires New Protein’s first investment in the food distribution space.
Alt protein VC Good Startup surpasses $25m target, invests in four more startups
The VC firm has so far built a portfolio of 10 startups.
Taiwan’s Hive Ventures looks to invest more in SE Asia after second fund launch next year
While the VC targets Artificial Intelligence, it also looks at segments like big data, IoT, and SaaS.
Alt protein maker Next Gen raises $20m from Temasek, GGV Capital, others
Singapore state investor Temasek injected $10 million as part of the latest financing.
