South Korean car maker Hyundai Motor Group has joined the latest funding round for Southeast Asia ride-hailing app Grab, committing $250 million to deepen the two companies’ existing relationship.
The investment by Hyundai follows commitments last month from online travel site operator Booking Holdings and Microsoft, and expands the size of the latest funding round to $2.7 billion, according to...
01VC has secured institutional LP support for its second fund, which closed at $100 million. The early-stage investor plans to deploy it across industrial and enterprise deals in China and Southeast Asia
Singapore hotel management and booking platform RedDoorz has raised $70 million in Series C funding less than a month after closing a $45 million Series B.
LBNCo, an Australian fiber optic network provider acquired last year by a consortium led by ROC Partners, will be sold to industry peer Uniti Wireless for A$100 million ($67.7 million).
J-Star has sold Tokai Trim, a Japanese manufacturer of seat covers for cars and motorcycles, to domestic hotel chain operator Rembrandt Holdings.