Yoolim Lee
Stories by Yoolim Lee
Meet the man leading Alibaba’s high-priority Southeast Asia expansion
Lazada is the single most important piece of a slowly coalescing international business for Alibaba that encompasses mainly sideline businesses in Ind
Sea founder Forrest Li is the latest to enter the billionaire club
The 41-year-old entrepreneur owns 13.8% of Singapore-based Sea, a stake now worth roughly $1 billion.
Go-Jek seeks bank pitches to raise additional $2b in ongoing round
The additional capital from new investors would take the total haul from the current round to around $3 billion.
Thai retail giant Central Group said to invest $200m in Grab
The deal seals a strategic partnership under which the conglomerate will help Grab expand its business in Thailand.
Go-Jek said to enter Singapore this week to take on Grab on its home turf
Go-Jek’s beta app will be available to a limited number of consumers before expanding to a wider population.
Indonesia’s Tokopedia said to be raising $1b from SoftBank, others
The e-commerce operator is valued at about $7 billion after the round.
Amid global tech stock rout, investors eye opportunities in Asia
Asian funds such as Hillhouse Capital Management Ltd. have been looking for deals to invest in Asia. KKR recently invested in Singapore-based Property
Why fintech startups love Singapore’s hawk-eyed central banker Ravi Menon
Under Menon, MAS became one of the earliest adopters of “regulatory sandboxes” for fintech companies, a concept pioneered by the U.K.’s financia
Go-Jek said to be in talks to raise at least $2b in fresh funding
Go-Jek is building up its arsenal to expand in Southeast Asia and fight Singapore-based rival Grab.
Alibaba’s new boss Daniel Zhang is finance veteran behind the push into new retail
Zhang’s endeavour to transform old-school shopping using data analysis to manage inventory and shipping has driven more than $8 billion of deals in
