DoorDash in advanced talks to acquire Instacart for $17b
Instacart shares rose about 8% in regular trading, while DoorDash fell about 6%.
Naomi Li Gan · · 1 min read
Intel to buy Israeli quantum software startup Classiq
Classiq has raised more than US$200 million and has about 130 employees.
Aiko Gao Ishida · · 1 min read
Xendit’s building payment infrastructure for SEA – and beyond
Xendit has grown from just one market to seven (and counting). Its president, Nazim Ali, shares what worked for the company on its expansion journey.
Stefanie Yeo · · 6 min read
SoftBank-backed OPay targets $4.4b US IPO valuation
Founded in 2018, OPay also operates in Egypt, Indonesia, and Pakistan.
Grace Priscilla Teo · · 1 min readBetagro acquires Thailand food supply platform Freshket
Freshket, a Thailand-based digital food supply platform, was founded in 2017.
Aiko Gao Ishida · · 1 min readSK Group chairman agrees to sell $406m stake to Dell-linked fund
Chey also agreed to sell a 0.94% stake to Korea Investment & Securities for 400 billion won.
Grace Priscilla Teo · · 1 min readBumble to go private in $1.3b deal as revenue falls
Bumble was founded by Whitney Wolfe Herd in 2014 and went public in 2021.
Naomi Li Gan · · 1 min readStarHub to buy MyRepublic Mobile in Singapore
StarHub said the deal will add MyRepublic Mobile to its multi-brand mobile business.
Naomi Li Gan · · 1 min readUber to buy ezCater for $2.3b to expand catering business
The acquisition extends Uber’s workplace meal business through Uber for Business.
Naomi Li Gan · · 1 min read