ACQUISITION Volanews

MALAYSIA Startups REAL ESTATE

SG's PropertyGuru Further Expands Footprint in Malaysia with Acquisition of Myproperty Data PropertyGuru aims to “strengthen its commitment” in Malaysia and provide property data and insights to various stakeholders — ranging from agents and financial institutions to home buyers and credit rating agencies.

by e27

2020-12-01

CHINA GIANTS YY

Baidu to Buy JOYY’s Live Streaming Unit in China for $3.6b The company said through the deal it aims to diversify its revenue source, the bulk of which comes from ad sales on its core search engine platform.

by DealStreetAsia

2020-11-17

INDIA Startups Urban Ladder

India Reliance Acquires 96% Stake in Furniture Retailer Urban Ladder Reliance Retail Ventures Limited, a unit of Reliance Industries, has an option of buying the remaining stake, the company said, adding that it intends to invest a further 750 million rupees by December 2023.

by DealStreetAsia

2020-11-16

GERMANY MIDDLE EAST GIANT

Deep Dive: Delivery Hero’s Acquisitions in Middle East, North Africa & Turkey The German company has spent over $1.2 billion in the Middle East – from 2015 to 2020 – which makes it one the biggest acquirer of technology startups in the region.

by MENAbytes

2020-11-13

SINGAPORE Startups SRX

99 Group Acquires SG‘s Real Estate Portal and Data Provider SRX With this acquisition, SRX will join the group of property platform brands owned by 99 Group including Sequoia-backed 99.co and iproperty.com.sg.

by DealStreetAsia

2020-11-10

INDIA Startups Mech Mocha

India: Walmart-Owned Flipkart Acquires Mobile Gaming Platform Mech Mocha The startup runs a vernacular social gaming platform, Hello Play, in seven Indian languages, and has over 10 products, including popular multi-player games such as ludo, carrom, snakes and ladder, and cricket.

by DealStreetAsia

2020-11-04

MALAYSIA Startups iCar Asia

Malaysian Company iCar Asia Reveals Acquisition Proposal from China’s Autohome iCar Asia owns and operates a network of automotive portals in the region that reaches 12 million car buyers and sellers every month.

by KrAsia

2020-11-02

CHINA MALAYSIA Startups

Taiwan's FunNow Acquires TableApp to Enable Malaysia's Restaurants to Sell Their Empty Tables at The Last Minute The TableApp team will join FunNow at its Malaysia office in Kuala Lumpur, while its core restaurant reservation and table management tools for merchants will continue to operate as standalone applications.

by e27

2020-10-29

SINGAPORE Startups Seedly

CompareAsia Acquires SG's Budgeting Site Seedly from ShopBack Seedly has around 1.1 million unique monthly users, while CompareAsiaGroup claims 10 million monthly users across its six Asian markets – Hong Kong, Malaysia, the Philippines, Singapore, Taiwan and Thailand.

by DealStreetAsia

2020-10-28

THAILAND Startups Hipflat

Thai Dot Property Acquires Hipflat to Further Penetrate into Thai Proptech Market Hipflat currently boasts more than 200,000 property listings from all over Thailand. It has English, Thai, Japanese and Russian language versions to better serve clients in strategic overseas markets.

by e27

2020-10-28

CHINA GIANT Sun Art Retail Group

Chinese Alibaba Invests USD 3.6 Billion to Take Control of Retailer Sun Art The initial alliance with Sun Art dates back to 2017, after which Alibaba integrated its online grocery ordering platform Taoxianda with Sun Art’s stores, offering home-delivery services.

by KrAsia

2020-10-20

MALAYSIA Startups Goody25

iMedia Buys Controlling Stake in Goody25's Malaysian Parent Goody25 is a Chinese language social news media and content portal that primarily focuses on the latest news and trendiest stories on lifestyle, fashion, art, entertainment, travel, and food.

by e27

2020-09-29

ISRAEL Startups BlueBird Aero Systems

IAI Signs Agreement to Acquire 50% of Bluebird Shares for $14.4 Million It develops and integrates small tactical unmanned aircraft systems (AUS) for the Israeli security sector and foreign governments.

by CalcalisTech

2020-09-25

INDONESIA GIANT GOJEK

Indonesian gojek Acquires WePay to Expand Its E-Wallet Businessinto Vietnam: Report WePay is an online payments services provider, which claims to have a partnership with 24 local banks, 1,000 merchants and four international card issuers.

by e27

2020-09-15

MALAYSIA Startups GIANT

Malaysia's Rev Asia to Acquire iMedia in All Stock Deal According to a statement from Rev Asia, iMedia is expected to make over US$724,000 (RM3 million) in net profit after tax in 2021, which would see a total acquisition price of US$9.7 million (RM40 million) if the net profit is achieved.

by DigitalNewsAsia

2020-09-02

VIETNAM GIANT Startups

Vietnam’s Galaxy Media Acquires Local Edtech Startup Hocmai Hocmai boasts a student base of 4 million subscribers with over 1,000 courses provided by 200 teachers.

by KrAsia

2020-08-31

UAE GERMANY Startups

Delivery Hero Acquires Dubai-Based Grocery Startup InstaShop for $360 Million The Dubai-based startup per statement generates about $300 million GMV (based on Q2 2020 annualized basis), up 330 percent year-on-year basis and has a positive EBITDA margin.

by MENAbytes

2020-08-28

MALAYSIA Startups JurisTech

Malaysia's JurisTech Acquires Financial Products Comparison Platform iMoney The acquisition will allow both companies to fuel growth through enriching customer experience and deepening the relationship with their financial institution partners.

by e27

2020-08-27

SINGAPORE VC Temasek

Temasek Drops $3b Bid for Singapore’s Keppel Corp After Keppel reported a large second-quarter loss that breached a threshold in the state investor’s offer to buy control of the company, Temasek had said it would make a decision by Aug. 31.

by DealStreetAsia

2020-08-11

THAILAND GIANT Charoen Pokphand Group

Thailand’s CP Group to Buy Ecommerce Startup Chilindo for $18m With the acquisition, it will complement its online marketplace WeMall to help develop Thailand’s ecommerce market during the pandemic, said chief executive Suphachai Chearavanont.

by techinasia

2020-08-10