mergers

Alibaba And Shopee Face Off In Vietnam’s Marketplace Showdown

Alibaba And Shopee Face Off In Vietnam’s Marketplace Showdown
Alibaba And Shopee Face Off In Vietnam’s Marketplace Showdown
January 20, 2021  |  eCommerce

The Vietnamese eCommerce market is getting crowded with numerous different companies to choose from, a Financial Times (FT) report says, leading to a clash between...

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Singapore Competition Board: Uber Must Pay S$6.6 Million Fine Over Merger Deal
Singapore Competition Board: Uber Must Pay S$6.6 Million Fine Over Merger Deal
January 13, 2021  |  ANTITRUST

Singapore’s Competition Appeals Board has upheld fines of S$6.6 million (Singapore dollars) levied against Uber, affirming that its merger deal with ride-hailing rival Grab had...

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CarLotz Gets Go-Ahead From Its Shareholders For Merger With SPAC
CarLotz Gets Go-Ahead From Its Shareholders For Merger With SPAC
January 08, 2021  |  Retail

CarLotz, Inc. said on Friday (Jan. 8) that it has attained the needed green light from its shareholders, including the go-ahead from a supermajority of...

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SoFi-Social Capital Merger Will Fuel Growth Of One-Stop-Shop Financial Supermarket
SoFi-Social Capital Merger Will Fuel Growth Of One-Stop-Shop Financial Supermarket
January 07, 2021  |  IPO

Online FinTech startup SoFi announced Thursday (Jan. 7) that it was merging with publicly-traded Social Capital in an $8.6 billion deal that brings it instant liquidity...

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Rumored $18 Billion Gojek-Tokopedia Deal Spotlights Lure Of The ‘Super App’
Rumored $18 Billion Gojek-Tokopedia Deal Spotlights Lure Of The ‘Super App’
January 05, 2021  |  Partnerships / Acquisitions

In Indonesia, in the battle to build “super apps” that keep consumers sticky as they conduct any number of daily tasks – from ride-hailing to...

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SVB Financial Plans To Acquire Boston Private Financial For $900 Million
SVB Financial Plans To Acquire Boston Private Financial For $900 Million
January 05, 2021  |  Acquiring

SVB Financial Group plans to acquire Boston Private Financial Holdings for about $900 million. The merger deal means that Boston Private shareholders would get 0.0228...

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Indonesia’s Gojek Mulls $18 Billion Merger With Tokopedia
Indonesia’s Gojek Mulls $18 Billion Merger With Tokopedia
January 05, 2021  |  Partnerships / Acquisitions

Indonesia’s ride-hailing and payments platform Gojek is in talks with eCommerce innovator Tokopedia for an $18 billion merger, Bloomberg reported on Tuesday (Jan. 5), citing...

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Grab’s Co-Founder Seeks Lifetime CEO Post In Gojek Union
Grab’s Co-Founder Seeks Lifetime CEO Post In Gojek Union
December 28, 2020  |  South East Asia

Anthony Tan, Grab co-founder and chief executive officer, is looking to secure his title for life as the Singapore delivery and rideshare platform continues to...

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Digital Marketplaces Like Amazon Are Primed For Consolidation
Digital Marketplaces Like Amazon Are Primed For Consolidation
December 22, 2020  |  Partnerships / Acquisitions

Investors have spent over $1 billion this year on buying up successful small businesses to try and create new digital conglomerates, according to the Financial...

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