Indonesian online marketplace for used cars BeliMobilGue.co.id announced the close of a US$3.7 million Series Pre-A round of financing led by Intudo Ventures.
Singapore-based e-commerce logistics startup Parcel Perform announced that it has raised US$1.1 million in seed funding led by Wavemaker Partners.
Malaysia-based live streaming sports platform SportsFix has scured a US$1 million strategic investment from Mayfair 101, a boutique international investment group.
South Korea’s Hyundai Motor Co said on Thursday it had invested in Southeast Asian ride-hailing firm Grab, as it seeks to expand into the rapidly growing region following a sales slump in China.
Vietnam-based e-commerce platform Leflair has raised a $3 million Series A funding round led by Capital Managment Group.
Singapore-based job matching platform GrabJobs plans to raise S$5 million ($3.75 million) in a Series A round by the middle of this year, according to a report from DealStreetAsia.
Chinese mobile game livestreaming platform Chushou announced today that it has closed a Series D funding round.
Malaysian food delivery startup Dahmakan has raised $2.6 million led by Y Combinator, Texas Atlantic Capital, Swiss family office Atami Capital and a former founder of PE Fund APAX Partners with participation from undisclosed existing backers.
Chinese bike-sharing service ofo has secured a $1 billion funding led by Alibaba and set to launch ride-hailing service in China, according to people familiar with the matter cited by Netease News.
Singapore-based on-demand staffing platform UShift, an Asia Pacific Internet Group (APACIG) backed company, plans to raise $3-5 million in its pre-Series A round by the first quarter of 2018 to fund its expansion to four overseas markets.