Thailand’s Siam Commercial Bank invests in Go-Jek, says report
The report emerges just a few days after the company announced a funding round from three Mitsubishi entities Go-Jek has raised an undisclosed sum in additional funding towards its ongoing Series F round from Thailand’s Siam Commercial Bank (SCB), says a DailySocial report. The SCB stake is majority-owned by Thailand’s King Vajiralongkorn since 2016. Just a few days ago, […]
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PayU has acquired a majority stake in Red Dot Payment in a transaction valuing the company at US$65M PayU, the payments arm of South African internet conglomerate Naspers, has announced its foray into Southeast Asia by acquiring Singapore-based online payments solutions company Red Dot Payment (RDP). Under the terms of the agreement, PayU has acquired […]
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Here’s a high-level view of Taiwan’s blockchain industry In the first half of 2019, Taiwan’s blockchain industry shook off last year’s steep decline in crypto prices and proceeded to show positive developments. These past few months saw Taiwan’s financial authority, the Financial Supervisory Committee (FSC), release the first draft of security token offering (STO) regulations, […]
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