Carsome is entering the slowdown with cash in hand, after raising $50 million in December.

The post Used car platform Carsome sees opportunities amid COVID-19 outbreak appeared first on DealStreetAsia.

In 2019, JD.com merged its secondhand commodity trading platform Paipai.com with Aihuishou.

The post JD.com-backed second hand goods platform Aihuishou spots big opportunity in trade-in market appeared first on DealStreetAsia.

InnoVen's Chin Chao, Alteria's Vinod Murali and Simmonds Stewart's Chris Wilson answer your questions.

The post Venture debt in the times of COVID-19: Your questions answered appeared first on DealStreetAsia.

The firm's CEO Sameer Nigam speaks about turning profitable, synergies with Flipkart and operations during pandemic.

The post India: PhonePe aims to be profitable by 2022, go public in 2023 appeared first on DealStreetAsia.

Dalio sees societies being torn by conflicts over wealth and power in the aftermath of the disruption.

The post Billionaire investor Ray Dalio says pandemic to usher in new world order with China on top appeared first on DealStreetAsia.

The race for customers in Indonesia is so intensive that e-payment firms are offer steep discounts.

The post Mandiri Capital CEO calls e-payments a ‘cash-burning exercise’ appeared first on DealStreetAsia.

Is India’s first IPO of a credit card issuer an opportunity with boundless prospects or a victim of arrested development?

The post SBI Cards betting on millennial-driven growth story in upcoming share sale appeared first on DealStreetAsia.

Chris Lane of Sanford C. Bernstein says WeWork can have a bright future if SoftBank overhauls the business plan.

The post SoftBank’s Son may still have the last laugh on WeWork deal: Bernstein appeared first on DealStreetAsia.

Since 2010, Thai firms have led or taken part in $83 billion of overseas M&A, including 18 deals of $1 billion or more.

The post Bangkok Bank’s bid for Permata reflects Thailand’s overseas M&A ambition appeared first on DealStreetAsia.

The comments came in the midst of Amazon founder Jeff Bezos’s India visit.

The post Amazon $1b investment in India not a favor, trade minister says appeared first on DealStreetAsia.

An 80 per cent writedown on The We Co. has delivered some cold hard truths about Son's vulnerability.

The post Should SoftBank’s Masayoshi Son try angel investment? appeared first on DealStreetAsia.

The opportunely timed sale gives Luckin a war chest to survive the hit to consumption from the epidemic.

The post China’s Starbucks challenger Luckin Coffee isn’t all out of luck appeared first on DealStreetAsia.

Alibaba can’t be included in the stock connect programme linking Hong Kong with the Shanghai and Shenzhen exchanges at present.

The post Alibaba’s China disconnect a serious blow to Hong Kong appeared first on DealStreetAsia.

CFO Maggie Wu told investors that China's retail and local consumer businesses would be hit hardest.

The post How China’s coronavirus outbreak is bringing Alibaba to its knees appeared first on DealStreetAsia.

Vision Fund head Rajeev Misra is reportedly looking to raise a multi-billion dollar fund to buy listed stocks.

The post SoftBank’s latest fund wheeze sets off new alarms appeared first on DealStreetAsia.

The Japanese megabank and the Singapore-headquartered superapp get to plug gaps in their businesses.

The post How MUFG’s $700m investment in SoftBank-backed Grab is a three-way shared ride appeared first on DealStreetAsia.

Once the price war is over, we can all collaborate, says Blue Bird president director Noni Purnomo.

The post Taxis can coexist with ride-hailers, says Blue Bird president appeared first on DealStreetAsia.

NIO counts the likes of Baillie Gifford (a big Tesla investor), Tencent and Temasek among its backers.

The post More than a bailout, Tencent-backed NIO needs a new strategy to survive appeared first on DealStreetAsia.

The Japanese conglomerate plans to spend up to $4.8 billion to purchase as much as 7% of its own shares.

The post SoftBank’s share buyback plan is all about getting the timing right appeared first on DealStreetAsia.

Probes by the U.S. Justice Department and the SEC have given SoftBank an excuse to go back and renegotiate a deal with The We Company's existing shareholders.

The post Neumann could be cornered as SoftBank has second thoughts about WeWork appeared first on DealStreetAsia.

The cost of protecting against the virus will fall disproportionately on the poor.

The post In India, the virus lockdown will turn into a $28b gig-loan buster appeared first on DealStreetAsia.

SoftBank behaves more like a private equity firm than an angel investor: Its capital is really debt, and it likes to invest in rivals and force them to merge.

The post SoftBank offers glimpse of the pain the private equity world is in appeared first on DealStreetAsia.

SoftBank Group Corp. needs to cut and run on its entire WeWork investment, not just the shares.

The post Another 5b reasons for SoftBank to walk away from WeWork appeared first on DealStreetAsia.

As the Jiomart platform takes off and increases in scale, there could be interesting possibilities that may emerge.

The post Guest Post | Implications and second-order effects of Jio-Facebook deal appeared first on DealStreetAsia.

Investors are betting slower economic growth will spur opportunities for the distressed-assets firm.

The post Thai distressed assets manager BAM emerges top stock amid virus outbreak appeared first on DealStreetAsia.

For Thailand’s oldest banking family, it’s a legacy-defining deal 25 years in the making.

The post Thai tycoon’s $2.7b bid for Bank Permata seen as move to secure family legacy appeared first on DealStreetAsia.

At least six countries have launched money laundering, financial mismanagement and criminal probes into 1MDB dealings.

The post Banned Thai opposition party says junta helped Malaysia’s 1MDB cover-up appeared first on DealStreetAsia.

The bidding is shaping up as a battle between Dhanin Chearavanont's Charoen Pokphand (CP) Group, Central Group, and beer-and-property magnate Charoen Sirivadhanabhakdi's TCC Group.

The post Thai tycoons set to go head-to-head as Tesco invites bids for $9b Asia biz appeared first on DealStreetAsia.

BDMS already owns a 25% stake in Bumrungrad Hospital.

The post Thai hospital operator BDMS makes $3b buyout offer for Bumrungrad appeared first on DealStreetAsia.

If TCC Group wins the bid and the loan is drawn, it would be among the largest corporate financings on record for Thailand.

The post TCC Group said to fund bid for Tesco’s Asian assets with $10b loan appeared first on DealStreetAsia.

Bangkok Bank plans to acquire another Indonesian lender after buying a controlling stake in Indonesian Bank Permata.

The post Bangkok Bank plans to acquire another Indonesian lender appeared first on DealStreetAsia.

CP Group said it would fund the deal with cash flow from group companies and loans.

The post Tesco Lotus set to return to Thai conglomerate CP Group’s stable in $10.6b deal appeared first on DealStreetAsia.

The offices were shut for five days of cleaning after a Singapore employee, who previously visited the Bangkok office, tested positive for the coronavirus.

The post Grab shuts Singapore, Thailand offices after coronavirus infection appeared first on DealStreetAsia.

The Office of Trade Competition Commission is awaiting CP Group's request for merger approval to study the impact on the economy, market competition and consumers.

The post CP Group’s $10b Tesco deal to test mettle of Thai antitrust watchdog appeared first on DealStreetAsia.

The Bangkok-listed company had planned to launch an IPO of the subsidiary in the first half of 2020.

The post SCG packaging unit’s $1b Thai IPO put on hold amid coronavirus outbreak appeared first on DealStreetAsia.

Thailand’s third-largest life insurer by assets met last month with potential advisers on the proposed share sale.

The post Thai Life seeks bank pitches for $700m IPO plan appeared first on DealStreetAsia.

Omise dominates in Thailand thanks to its extensive relationships, but other markets pose more of a challenge.

The post Thai fintech startup Omise is betting on blockchain to cash in on e-commerce growth appeared first on DealStreetAsia.

The seven carriers are Thai AirAsia, Thai Lion Air, Nok Air, Bangkok Airways, Thai Smile, Thai VietjetAir and Thai AirAsia X.

The post Thai air carriers seek $491m bailout from government appeared first on DealStreetAsia.

The anti-monopoly watchdog received complaints that food delivery platforms have increased their service fees for restaurants from 20% to up to 40%.

The post Thailand warns food delivery apps against overcharging amid COVID-19 outbreak appeared first on DealStreetAsia.

The group will purchase Bien Hoa Packaging through a joint venture with top Japanese cardboard maker Rengo.

The post Siam Cement buys Vietnamese packaging materials maker appeared first on DealStreetAsia.

The deal is the largest inbound industrial transaction in Vietnam in the last three years.

The post Thailand’s Stark Corporation acquires Vietnamese cable makers for $240m appeared first on DealStreetAsia.

RISE said it will use the funds to expand beyond Thailand to Singapore, Indonesia and Malaysia.

The post SEA Digest: Thailand’s RISE, Indonesia’s Webtrace raise seed funding appeared first on DealStreetAsia.

Thai SCB is looking to issue loans up to $214 million over the next five years in Myanmar.

The post Thailand’s Siam Commercial Bank secures nod to set up unit in Myanmar appeared first on DealStreetAsia.

The investment will be done through its unit Kasikorn Vision.

The post Thailand’s Kasikornbank gets approval for $40m stake in Myanmar lender appeared first on DealStreetAsia.

Kiatnakin Bank was the country's tenth-largest commercial lender by assets in 2019. 

The post IFC weighs $100m green loan for Thailand’s Kiatnakin Bank appeared first on DealStreetAsia.

The country’s largest retailer, Central Retail Corporation Pcl (CRC), was calling up previous customers.

The post Thai retailers find new ways to sell amid COVID-19 outbreak appeared first on DealStreetAsia.

Kaidee offers over 30 categories of both new and second-hand goods and services.

The post Dubai-based EMPG acquires Thai online retailer Kaidee appeared first on DealStreetAsia.

The total cost of the project is estimated at $285 million.

The post IFC mulls $60m financing for Indorama’s Uzbekistan cotton farm project appeared first on DealStreetAsia.

After the loan, the money-losing national carrier plans to raise 77.04 billion baht in capital.

The post Thai Airways to seek $1.8b emergency loan to navigate COVID-19 impact appeared first on DealStreetAsia.