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

Tencent outspent its Chinese peers on strategic investments last year, now with over 1,200 portfolios under its wings.

The company launched its first game through Douyin just 2 years ago and is aiming to expand its reach in the market.

Chinese internet companies were ordered to correct malpractices and pledge in written statements that they will operate legally.

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.

The company’s subsidiaries may seek their own listings in New York, Hong Kong, and Shanghai.

Nishimura emphasizes the need for more investment, better language skills, adaptation, and innovation in the Japanese startup ecosystem.