Acquisition News

Elon Musk's Twitter Acquisition On Hold

This is regarding issues relating to spam and fake accounts on the social media platform

Teckwai SawMay 14, 2022

Carousell Acquires Fashion Recommerce Platform Refash

The acquisition will increase the pace of recommerce and save time for users in the long run

Teckwai SawMay 10, 2022

Carsome Acquires Majority Stake in CarTimes Group

The acquisition will strengthen Carsome's foothold in the Singapore auto market

Teckwai SawMar 22, 2022

Carsome Successfully Acquired iCar Asia Limited in a US$200 Million Deal

Acquisition of remaining 80.1% stake in iCar Asia from the Catcha Group has been finalised

Teckwai SawFeb 11, 2022

Razorpay Paves its Way into Southeast Asia; Acquires Malaysian Fintech Firm Curlec

This marks Razorpay's first international expansion and fourth acquisition overall

Teckwai SawFeb 09, 2022

Nike Dives Deeper into the Metaverse With its Latest Acquisition

Digital Sneakers Will Give Nike a Much Needed Edge to Hold its Throne

Teckwai SawDec 16, 2021

AirAsia serious about food delivery; buys DeliverEat for $9.8 million

AirAsia's acquisition of DeliverEat is expected to close by Q3 2021.

Kenneth HoAug 20, 2021

Stripe acquires Bouncer, will integrate its card authentication into the Radar fraud detection tool – TechCrunch

On the heels of a $600 million fundraise earlier this year, payments giant Stripe has been on an acquisition march to continue building out its business. In the latest development, the company has acquired Bouncer, a startup based in Oakland that has built a platform to automatically run card authentications and detect fraud in card-based […]

TECHCRUNCH.COMMay 17, 2021

Twitter said to have held acquisition talks with Clubhouse on potential $4B deal – TechCrunch

Twitter held talks with Clubhouse around a potential acquisition of the live drop-in audio networking platform, with a deal value somewhere around $4 billion, according to a report from Bloomberg. TechCrunch has also confirmed the discussions took place from a source familiar with the conversations. While the talks occurred over the past several months, they’re […]

TECHCRUNCH.COMApr 09, 2021

MessageBird acquires 24sessions to bring video to its ‘omnichannel’ platform – TechCrunch

MessageBird, the omnichannel cloud communications platform recently valued at $3 billion, is continuing to ramp up its M&A activity. Following last year’s acquisition of Pusher, a company that provides real-time web technologies, it is announcing that it has acquired “video-first” customer engagement platform 24sessions, and customer data platform Hull. Terms of the two new deals […]

TECHCRUNCH.COMApr 01, 2021

PayPal to Enter China’s Online Payment Market - Pandaily

Following U.S. digital money transfer platform PayPal’s acquisition of Chinese licensed payment company GoPay in 2019, PayPal made another move to hold the full equity of GoPay today.

PANDAILY.COMJan 13, 2021

Sea Group firms up digital payments play in Indonesia with Bank BKE acquisition

The deal can be seen as part of Sea Group's ongoing plan to increase customer retention on Shopee by doubling down on ShopeePay.

DEALSTREETASIA.COMJan 13, 2021

EU approves Google's $2.1 billion acquisition of Fitbit, subject to conditions

Google's $2.1 billion acquisition of Fitbit has been conditionally approved by the European Commission, the executive arm of the EU.

CNBC.COMDec 21, 2020

Reddit to Buy TikTok Rival Dubsmash in New Video Push

Reddit, the 15-year-old online news aggregator and discussion forum, has agreed to buy lip-synching video app Dubsmash, one of the few remaining startups to rival TikTok, according to two people with direct knowledge of the deal. The acquisition, originally set to be announced on Monday, marks ...

THEINFORMATION.COMDec 14, 2020

China fines Alibaba, Tencent’s e-book subsidiary over anti-trust violations – TechCrunch

The Chinese government is moving to curb the power of some of China’s most influential internet companies. The country’s top market regulator announced Monday that it is fining Alibaba and China Literature, Tencent’s e-book spinoff, for failing to report their past acquisition deals for clearance. The cases involve Alibaba’s equity investments in major Chinese mall […]

TECHCRUNCH.COMDec 14, 2020

Intuit buys TradeGecko; Largest exit in Singapore since pandemic.

The acquisition is said to be over $80 million

Alfred LeeAug 04, 2020

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