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IdeaSpace launches 2017 Philippines startup competition
IdeaSpace formally launches its annual Philippine Startup Competition for the 5th time in 2017, now accepting innovative technology ideas.
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Indonesia-based reinsurer Marein to raise US$41 rights issue in 2017
Indonesia reinsurer Marein is looking to raise US$ 41 million capital in a rights offering, selling up to 130 milion new shares by June next year.
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Singapore-based e-commerce enabler Shopmatic buys technology consulting firm 5X Ruby
Singapore-based e-commerce technology firm Shopmatic has acquired Taiwan’s Ruby on Rail’s technology firm 5X Ruby for an undisclosed amount. The move was done in part to strengthen the company’s…
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Japan’s Outsourcing Inc acquires German Orizon Holding for US$85.2 million
Japanese-listed corporate Outsource Inc has acquired the full stake in German temporary work recruitment agency Orizon Holdings for US$85.2 million.
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Airbnb to increase fundraising round to US$ 1 billion
Airbnb Inc authorised the sale of an additional US$153 million in equity, bringing the size of its current fundraising effort to about US$1 billion.
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Practo makes fifth acquisition, buys analytics startup Enlightiks for US$13.9 million
Bengaluru-based Practo has acquired analytics platform Enlightiks in a cash-and-stock deal valued at US$13.9 million. Post acquisition, the entire 50 member team of Enlightiks will join the company to…