Deals in brief: Qoala, StealthMole, and Applecrumby secure funding, HSBC unveils USD 1 billion growth fund, seven China deals, and more
Bringing you the latest updates on funding deals and activities in the Asia Pacific.
Source: kr-asia.com
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HSBC creates $1bn fund for SE Asia
The ASEAN Growth Fund will provide lending to companies that are scaling up via digital platforms across the region
Source: fstech.co.uk
HSBC allocates $1 billion to scale up digital platform businesses in ASEAN
HSBC has announced a $1 billion ASEAN Growth Fund to help scale up platform players in the region’s booming digital economy.
Source: vir.com.vn
Hoover's BERNINA Sew LLC Presents Their Third Annual Spring Fling Event
Hoover's BERNINA Sew LLC Presents Their Third Annual Spring Fling Event
Source: itnewsonline.com
HSBC setting up $1 billion growth fund to scale up digital platform businesses in Southeast Asia
SINGAPORE (Reuters) -HSBC on Wednesday said it is setting up a $1 billion growth fund called ASEAN Growth Fund that provides lending to companies that are scaling up via digital platforms across Southeast Asia. The London-headquartered bank is tapping into Southeast Asia's digital economy, which it said is among the world's fastest growing, expecting it to hit $600 billion in value by the end of the decade from $218 billion last year. "With a working population that is digitally native, increasing in size, and poised to consume more goods and services especially on e-commerce,...
Source: yahoo.com