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Alibaba Cloud Plans to Invest US$1bn in Asia Pacific Countries in Support of Developing Talent Pool
Alibaba subsidiary, Alibaba Cloud announced its plans to invest USD $1billion across several Asia Pacific countries in developing a digital talent pool and empower the growth of 100,000 startups in the technological field. Current disclosed…
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Australia’s Tenacious Ventures closes first agrifood tech fund at $27m
Specialist agriculture and food tech venture capital firm Tenacious Ventures has closed its first venture capital fund, securing A$35 millions ($27 million), according to an announcement. The fund was founded by Sarah Nolet, founder of…
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Indonesia’s GoTo Group Plans Fundraising Before IPO Launch In 2021
Last week, two of Indonesia’s largest startup companies, Gojek and Tokopedia confirmed that they will be merging to form GoTo Group with a deal of US$18 billion to US$22 billion. The merger is said to be…
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China Youran Dairy to raise up to $800 million in HK IPO
China Youran Dairy Group has started briefing investors on Tuesday as it looks to raise up to $800 million in its Hong Kong initial public offering (IPO), according to two sources with direct knowledge of…
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Tonik Raised USD17Mil for Neobank Services in Philippines
The Philippines ‘ first Neobank Tonik successfully raised USD 17 million in the pre-series B funding that brings its total funding to USD 44 million. This funding is led by Singaporean VC firm iGlobe Partners.…
