Yoolim Lee
Stories by Yoolim Lee
Technology startups in Southeast Asia ride out 2020, raising $8.2b
Deals of more than $100 million accounted for 57% of the total investments.
SoftBank-backed Grab weighs US IPO through SPAC merger
Grab’s listing considerations come after talks to combine with Indonesian rival Gojek collapsed.
Singapore’s on-demand bus service provider Swat Mobility considers Japan IPO
The firm hasn’t ruled out a US listing through a SPAC merger.
Indonesian e-commerce major Bukalapak considers US listing via SPAC
Bukalapak could be valued at $4-5b in a SPAC merger, said sources.
Farnsworth Group to pay $125m for control of TikTok rival Lomotif in SG
Lomotif founder Paul Yang will continue to lead the service upon completion of the takeover.
Gojek, Tokopedia said to be finalising terms of mega merger ahead of a dual listing
Both companies are approaching the transaction as "a merger of equals".
Indonesia’s Bukalapak raises funding from Standard Chartered for expansion
StanChart and Bukalapak have also formed a strategic partnership to collaborate on digital banking.
Former BofA tech banker Sandeep Uberoi joins Jungle Ventures in Singapore
Uberoi will oversee portfolio companies of Jungle Ventures across SEA and India.
Gojek in advanced discussions with Tokopedia over $18b merger, IPO
The new entity could be an Indonesian internet powerhouse.
Tokopedia picks Morgan Stanley, Citi to manage debut listing
This comes after reports of Peter Thiel-backed SPAC mulling a potential merger with Tokopedia.
