And Temasek’s Pavilion Capital and Gaochun Capital lead the Singapore anti-fraud and risk control company Advance.ai 80 million financing; Goldman Sachs or leading the online beauty beauty retailer Purplle C round of financing, financing up to 42 million US dollars Left and right
Southeast Asia
Gojek calls it Indonesia’s largest food distribution company with a 75% market share. According to the English website KrASIA, Gojek said that Gofood is the food distribution service in the Gojek application and is the first choice for food distribution in Indonesia. It is reported that the above statement is based on data published by third parties such as AppAnnie and research company Nielsen . In addition, Gojek added that Gofood handles more than 50 million transactions per month in Southeast Asia, and the number of transactions has tripled in the past six months.
Tsim Sha Tsui’s Pavilion Capital and Gaochun Capital led an anti-fraud and risk control company Advance.ai with 80 million financing. According to the English-language KrASIA, other investors who joined the round of financing include Unicorn Venture, eGarden Ventures, and existing investors such as GSR Ventures and Vision Plus Capital. Founded in 2015, Advance.ai serves the financial technology, banking, retail and other industries by reducing fraud risks and improving operational efficiency, leveraging AI technology to support business growth. The company has more than 300 corporate clients in Singapore, Indonesia, Vietnam, the Philippines and India.
Singapore Private Equity Fund Northstar will lead the Vietnam e-commerce platform Tiki. According to DealStreetAsia, people familiar with the matter said that Tiki plans to raise $75 million for the D round of financing. According to iPrice, in the fourth quarter of 2018, Tiki has surpassed Lazada to become the second-largest e-commerce platform in the country after Shopee.
Philippine listed company Phinma Corp to Vietnam’s largest private cement producer Vissai Group subsidiary Song Lam Cement Joint Stoc