Dymon Asia announces first close of its debut $50M fund for fintech

 Hedge fund Dymon Asia is getting into the venture capital game after it announced its maiden…

Temasek jumps into China’s bike rental startup war with investment in MoBike

 Temasek, Singapore’s state-owned investment firm, has jumped into China’s on-demand cycle war after it backed MoBike. China’s ride-sharing…

Grab is buying Indonesian payment firm Kudo in its first major acquisition

 Uber’s Southeast Asia rival Grab is in the process of buying up Indonesia-based online payment startup Kudo in…

Carousell eats up another struggling startup to boost its social commerce app in Southeast Asia

 Newly-minted classifieds startup Carousell is officially on the prowl to eat up struggling startups in Southeast…

Honda invests in Southeast Asia-based Uber rival Grab

 Southeast Asia’s Grab, a ride-sharing rival to Uber, has welcomed a new backer after Honda announced…