The TWIA crew is back this week with a laser focus on acquisitions that are spreading across Asia, with Transfer-To and Unoh being the biggest beneficiaries, and what’s more with Temasek investing in Tudou, one of the top video sharing sites in China. Of course, we celebrated the final end of Friendster as the company MOL who acquired them, sold the set of social networing patents to Facebook with an exclusive deal of distributing FB credits in Southeast Asia. If you think that news of that nature, what about hearing our friend and guest on the show, Brian Wong has successfully gotten venture capital of $200K with Tru Ventures for his new company Kiip.me and, also possibly one of the youngest entrepreneurs funded in Silicon Valley.
- Congratulations to Brian Wong (guest on TWIA Live Show from Open Web Asia KL) for obtaining investment money of $200K from Tru Ventures and possibly the youngest entrepreneur to be funded on his new start-up, Kiip.me (we are still checking this fact out).
- Week of Acquisitions in Asia goes on with Ingenico to buy SG’s Transfer.To after TenCube and Zynga to acquire Unoh: in Japan.
- The End of Friendster: MOL sold social networking patents to Facebook, recuperated their acquisition costs and then get the exclusive rights to Facebook Credits for Southeast Asia.
- Singapore’s Temasek holdings invested US$35M in Todou
- Malaysia launch Venture Investment Circle.
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.
