Go-Jek acquires Indonesian adtech startup Promogo, introduces Go-Vend and Go-Ice

The acquisition enables Go-Jek drivers to earn extra income by having brands advertise on their vehicles, and even provide product samples in cars 

Huobi acquires Singaporean entrepreneur Eric Cheng's crypto exchange Bit Trade

Bit Trade is a Japanese government-approved platform, which Cheng bought for US$49 million in May 2018 

South Korea's guesthouse reservation portal Jienem buys travel review app Volo

Jienem will adopt blockchain technology to build a new travel ecosystem, which targets the global market, including Southeast Asia and Korea 

Can a blockchain-powered M&A marketplace make such exits more fair to small players?

Despite technological advancements, the M&A industry today is still stuck in the past 

Filipino foodtech company BigDish acquires restaurant and travel discovery platform Looloo

Through its online reservation platform, BigDish offer its users up to 50 per cent discounts at restaurants in Manila, Hong Kong and Jakarta 

Ofo’s “darkest hour” becomes gloomier as Didi acquisition rumours swirl again

Didi reportedly has sent due diligence team to ofo over the past two to three weeks 

NFC Indonesia, M Cash invests in adtech startup DMS

NFC Indonesia and M Cash acquired a total of 35 per cent of DMS's shares, with transaction value being undisclosed 

Singapore-based Hmlet acquires Hong Kong's co-living rental startup 'we r urban'

'we r urban' currently manages a portfolio of 30 co-living spaces, housing 70 members across 15,000 square feet in Hong Kong 

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