Page 2 - Dmitry Levit News Today

Golden Gate's portfolio companies include payments platform Stripe and delivery firm Ninja Van.

By Sayantani Ghosh and Miyoung Kim (Reuters) - Factories in Vietnam are struggling for staff after many migrant workers returned home when a coronavir...

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JAKARTA (The Jakarta Post/Asia News Network): Indonesian start-ups enjoyed an influx of funding in 2021 and more is to come as the country’s internet-savvy population grows and Covid-19 travel restrictions are eased, according to venture capital firms.

The report projected the number of digital consumers in Southeast Asia will reach 350 million by the end of this year.

Why should investors care about Grab’s SPAC? The ride-hailing and financial services platform’s listing will be seen as a test of Southeast Asia’s tech start-ups. Grab started life as a ride-hailing company in 2012, before expanding its services to include food delivery and financial products like loans and insurance. In January, its financial arm Grab Financial Group secured $300m in Series A funding, led by South Korea’s Hanwha Asset Management. This followed a 40% jump in...