Southeast Asia

The investment marks Jungle Ventures’ first foray into the mobility sector, a vast emerging market in Southeast Asia that awaits the maturity of battery-charging infrastructure.

Shipper is the latest logistics startup to receive tens of millions in investment this year.

Financial centers like Singapore are in a race to attract new digital money businesses.

Accumulated losses reach USD 10 billion; Singapore company raises Myanmar risk.

The deal is expected to close this month, with Gojek taking a 60% stake in GoTo.

Bukalapak has reportedly hired Bank Mandiri’s securities arm to seek a merger with a US-based blank-check company.

Once the final close is completed, Openspace will have USD 625 million in committed capital across four investment vehicles.

Pine Labs counts Mastercard, PayPal, and Temasek among its investors.