The Viu looks good from the top

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Hello reader

I grew up consuming lots of western media – think Disney Channel, Cartoon Network, various books written by western authors, and of course, Hollywood movies.

Because of that, a lot of my current media consumption is still geared toward shows for English-speaking audiences, with the rest of it being mostly anime. Netflix has been invaluable so far for that, although that platform seems to be becoming a little less… friendly to users.

Video streaming platform Viu, on the other hand, caters to an audience that’s largely different from me. As such, I’ve seen advertisements for the platform here and there but never really had an interest.

That said, with Netflix becoming a little more troublesome to use, I welcome any competition in Asia for video streaming services. And if Viu’s latest investment deal is anything to go by, that competition could be heating up fast.

You can find all other important investment deals that happened over the last few days in our weekly funding news wrap-up.

Let’s dive into the biggest deals and M&As that recently took place.

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The biggest deals by country

🇭🇰 Viu, a Hong Kong-based online streaming service, has gotten US$300 million in a strategic investment from Canal+ Group.

🇮🇳 Xylem Learning is an Indian edtech platform that offers entrance exam preparation services. It scored a US$61 million strategic investment from PhysicsWallah.

🇸🇬 Carro, the Singaporean automotive marketplace, has secured US$60 million through a strategic investment from Jardine Cycle & Carriage.

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M&As

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Startups that are raising funds

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Killer pitch decks

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