Asia Pacific
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At its Berlin headquarters, Delivery Hero slashes 156 employees
According to an internal email from the company’s CEO, Niklas Stberg, Foodpanda’s owner Delivery Hero has fired 156 workers. The…
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$15 M Series A funding raised by cybersecurity firm Blackpanda
According to a release, Primavera Venture Partners and Gaw Capital Partners led a $15 million Series A investment round for…
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Apparel giant Gap Greater China acquired by Baozun
After receiving regulatory approval, Chinese e-commerce supporter Baozun said that it has finished buying American clothes giant Gap’s Greater China…
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$150 M Web3 initiative launched by Injective
A group of investors led by Pantera Capital, Kraken Ventures, Jump Crypto, and KuCoin Ventures has unveiled a new US…
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Shift4Good received $4.3 M from ComfortDelGro
The largest Singaporean cab company, ComfortDelGro, invested 4 million euros (or around 4.3 million US dollars) in Shift4Good, making it…
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Investment firm HelloGold to cease operations due to financial status
Due to the challenging financial environment, Malaysian investment platform HelloGold will shut its operations in both its native nation and…
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MAS grants in-principle approval for Flywire’s payment license
The Monetary Authority of Singapore has granted in-principle approval for Flywire, a Temasek-backed company, to get a major payment institution…
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DCT Agency received unknown Pre-series A funding from Sinar Mas Group
Living Lab Ventures, a division of regional conglomerate Sinar Mas Group, has provided an unknown amount of pre-series A investment…
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East Ventures led undisclosed funding secured by Imajin
A round of seed investment sponsored by East Ventures has secured an unknown sum for Imajin, an Indonesia-based manufacturing business.…
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SG food ordering firm Gobble ceases operations
After around 1.5 years of service in Singapore, the group-buying food-ordering website Gobble—co-founded by former Deliveroo executives—is closing its doors.…
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