The government’s decision on 28 August to restrict foreign direct investment (FDI) in digital news media companies to 26% is likely to hit investment activity and may lead to a reconsideration of valuations, said industry observers and market participants.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com
