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’s Spenmo raises $85.35m in Series B round led by Tiger Global
Spenmo is valued at $500 million after the Series B funding round.
HK-based equity management firm Sprout looks to raise first external funding this year
Sprout competes with Singapore-based Qapita and Svested.
PE firm Novo Tellus gets green light for SPAC listing on Singapore bourse: report
It plans to raise $110.6-147.5 million through an IPO.
Sea to increase voting power of founder Forrest Li; Tencent to divest part of stake
Tencent will also be reducing its equity stake in the company from 21.3% to 18.7%.
Tiger Global backs Bangladesh-based ShopUp’s $34m Series B extension round
The tranche is a mix of primary and secondary transactions.
Sea’s expansion is moving at full throttle but will the momentum last?
Heavy cash burn at Shopee and plateauing user growth at Garena are concerns.
People’s Digest: ShopUp hires new CFO; Openspace adds third general partner
Jessica Huang Pouleur will be Openspace's third general partner.
SG logistics firm Haulio raises $5.75m in fresh equity funding led by Temasek’s Heliconia
The round was joined by existing backers ComfortDelGro Ventures and PSA unboXed.
SDAX Financial raises $24m from PSA, Straits Trading, New Horizon Global
The fresh funds will boost SDAX Financial’s real estate investment offerings.
SE Asia’s agrifood startups to attract more VC money as interest in sustainability grows
Industry players observe a strong investor interest in foodtech.
