DEALS
Merger of GoJek and Tokopedia in Asia creates $18 billion ride-hailing and e-commerce group. The trend of grouping apps under one roof, which started in China, has spilled over to Asia's largest market of Indonesia.
Sequoia and PayPal-backed merchant platform PineLabs raises $285 million at a $3 billion valuation.
Indian B2B ecommerce Moglix joins unicorn club after $120 million fund raise, led by Falcon Edge Capital and Harvard Management Co.
Sequoia India has led a $25 million, series D financing of digital wealth management company StashAway.
NOTABLE
China successfully set its Zhurong rover down on Mars. Until now, only NASA spacecraft have explored the surface of the red planet.
Research
SE Asia's startup ecosystem is at an inflection point, says VC Fred Liu of Hayden Capital in his latest newsletter. Change is spurred by Gen2 entrepreneurs with international funding. If you read
FUNDS
7WireVentures in Chicago raises $150 million fund to invest in more digital healthcare startups.
