ASX
iProperty acquires Thailand’s ThinkOfLiving.com
ASX-listed and Kuala Lumpur-based iProperty Group Ltd said it has acquired Thai-based real estate portal ThinkOfLiving.com, which would further expand its market presence in Asia.
China’s Vipshop takes 12.2% stake in Ensogo
E-commerce company Ensogo Ltd, formerly iBuy, said it has secured a strategic investment from China’s online discount retailer Vipshop Holdings Ltd. Vipshop will take a 12.2% stake in Ensogo by being issued with primary shares.
Ensogo lays off staff across the region
Ensogo, formerly known as iBuy, has moved to downsize its operations across the region with significant numbers of staff being laid off in multiple markets.
iCar grabs pole position in Thailand with One2Car acquisition
Automotive online classifieds company iCar Asia Ltd has agreed to buy One2Car, Thailand’s largest online classified site, for A$16.7 million, comprising A$13.4 million cash and A$3.3 million worth of new iCar shares.
iBuy under pressure, board orders US$216K monthly opex cut
Despite being ordered by the board to cut A$250,000 a month in opex and witnessing its share price take a dive over the last three months, the soon-to-be rebranded iBuy Group is in the best financial shape ever, claims its new CEO Krzysztof Marszalek.
Week in Review: iMoney inspires the ecosystem
A new exit opportunity opens for startups based in Malaysia, while the continued good progress made by iMoney inspires, writes DNA founder Karamjit Singh.
Industry vet, Internet investor Larry Gan appointed Fatfish chairman
Singapore-headquartered Internet venture accelerator Fatfish Internet Group Limited has appointed former Accenture Asia managing partner and renowned tech investor Larry Gan as non-executive chairman.
8common IPO oversubscribed, prepares for ASX debut Aug 27
Sydney- and Singapore-headquartered 8common Limited said that its initial public offering (IPO) has now closed well oversubscribed following strong support from Australian- and Asian-based investors.
Catcha.com’s Nic Lim to get his IPO … 14 years later
One-time dotcom darling Nic Lim has waited 14 years to list and will finally get his day in mid-August on the Australian Stock Exchange.
Carlist.my secures US$13.5mil investment from Australia’s carsales.com
iCar Asia said it has secured a RM42.2-million (US$13.5-million) strategic investment from Australia’s carsales.com Ltd for its local automotive classifieds site Carlist.my, calling it the largest online deal in Asean this year.
