Ucommune confirms US$45M acquisition of Workingdom, signals there is more to come

Formerly known as UrWork, the acquisition is not the first one that Ucommune has done in 2018 

Truecaller acquires Indian instant P2P money transfer and utility payments app Chillr

A multi-bank payment service, Chillr allows consumers to make instant money transfers, make recharges and utility bill payments directly from their bank account 

Paytm acquires online ticketing platform TicketNew from Alibaba Pictures for US$40M

This acquisition will help SoftBank- and Alibaba-backed Paytm to take on major entertainment ticketing companies such as BookMyShow 

Today's top tech news, May 09: Walmart confirms US$16B investment in Flipkart

The remainder of the business will be held by some of Flipkart’s existing shareholders, including Co-founder Binny Bansal, Tencent, Tiger Global and Microsoft 

Asia VR industry sees rare acquisition as Vostok acquires TaKanto

Vostok is backed by MediaCorp and and creates 360-degree VR cinematic content while TaKanto was the first VR production house in Singapore 

Cashback aggregator ShopBack acquires Seedly to venture into personal finance management

Seedly helps users make smarter financial decisions with its budgeting app, which links major bank and card accounts to aggregate all their finances in one place 

Infibeam acquires e-commerce enabler Unicommerce from Snapdeal for US$18M

Unicommerce provides warehouse management, multi-channel order fulfilment, order processing, catalogue management, inventory management, and omni-channel management to brands as well as online sellers 

Indonesian SaaS platform Sleekr officially acquires Talenta

Talenta CEO and Founder Joshua Kevin is set to lead marketing and new business division at Sleekr 

Chinese co-working space firm ucommune invests in and merges with smaller rival Workingdom

This is ucommune's fourth deal in 2018 after its partnership with New Space, Woo Space and Wedo 

MC Payment buys iFashion Group, set to list on Singapore stock exchange

MC Payment is moving forward with a reverse takeover via Artivision Technologies to list on the SGX