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Tencent Holdings
Startups, Entrepreneurs, Digital economy
Go-Jek backers said to offer US$1 bil funding to fuel growth
(June 7): Go-Jek, the Indonesian ride-hailing provider, has been offered at least US$1 billion ($1.3 billion) of new funding from existing investors eager to accelerate its overseas expansion, people with knowledge of the matter said.
June 07, 2018
Results
Sea mulls raising funds for e-commerce as quarterly loss triples
(May 16): Sea, operator of Southeast Asia’s biggest gaming platform, said it may raise funds to strengthen its balance sheet after its quarterly loss tripled on rising investments at mobile-shopping unit Shopee.
May 16, 2018
Sea reports mounting losses, president Nick Nash to depart
SINGAPORE (Mar 1): Sea, operator of Southeast Asia’s biggest gaming platform, reported mounting losses amid investments for growth and said group president Nick Nash will leave his position at the end of the year.
March 01, 2018
Tech
Sea investors look to first earnings since NYSE IPO for growth
(Nov 21): Sea pitched itself as an emerging growth company in last month’s initial public offering, and investors are about to get their first chance to see if it lives up to the billing.
November 21, 2017
Update
Sea selling shares at US$15 each in NYSE IPO
(Oct 20): Singapore’s Sea plans has priced its initial public offering of nearly 59 million American depositary shares at US$15 each to raise US$884 million ($1.2 billion), according to a press statement by the company on Friday evening.
October 23, 2017
Tech
Sea isn't all that similar to Tencent after all
(Oct 12): Singapore’s Sea initially modelled itself on Chinese internet colossus Tencent Holdings. and is often called the Tencent of Southeast Asia. Now that Sea has filed for an initial public offering and given a peak at its financials, the resembla
October 12, 2017
Tech
Life could get choppy for Sea after US$1 bil IPO
HONG KONG (Sept 25): Listed life can be rough. Sea, a Southeast Asian startup formerly known as Garena, has filed for a US initial public offering of up to US$1 billion ($1.35 billion). But larger deep-pocketed rivals are ramping up competition. An IPO at
September 25, 2017
Tencent buys 4.95% stake in China's leading investment bank for $493 mil
SINGAPORE (Sept 21): Tencent Holdings is coming for your dollars.
September 21, 2017
China Focus
The No. 1 China equities fund bought only three stocks this year. What are they?
(Aug 24): When Cederberg Capital’s Dawid Krige places a bet, he bets big.
August 24, 2017
M&A
Alibaba said in talks for stake in Indonesia's largest online marketplace
SINGAPORE (July 25): Alibaba Group Holding is in talks to make a major investment in Indonesia's PT Tokopedia, people familiar with the matter said, potentially scoring a second deal to accelerate its expansion into South-east Asia's largest econo
July 25, 2017