Singapore’s GIC Private and cloud services provider Equinix have agreed to jointly invest $1 billion in data centers in Japan.
The assets will be 80% owned by GIC and 20% owned by Equinix. The plan, expected to clear regulatory approval in the second half of 2020, is to initially develop three facilities across Tokyo and Osaka...
Pine Labs, an India payments start-up backed by MasterCard, PayPal, and Sequoia Capital India, has acquired Fave, a Malaysian counterpart also backed by Sequoia India, for $45 million.
Southeast Asia-focused ride hailing and local services platform Grab has agreed to go public in the US through a merger with a special purpose acquisition vehicle (SPAC) at an enterprise valuation of $30.4 billion.
Lever VC, a Hong Kong-based food tech investor, has achieved a fourth close of $46 million on its debut fund, claiming 2.3x growth in the value of the portfolio since 2019.