iCar, the owner of a network of automotive portals, announces it has received a non-binding proposal from Autohome, as well as the first drawdown of its loan facility agreement with Catcha Group
The Catcha-backed co-working operator sets out on an ambitious expansion plan.
Five points to turn your idea into a big beautiful business
Frontier Digital Ventures, which operates online classified businesses in frontier markets, has announced the appointment of Jason Thoe as director of Growth & Operations, Auto Verticals.
Patrick Grove’s Wild Digital and its stellar cast of speakers captures the attention of Karamjit Singh, would like to see competitors to some of Grove’s businesses invited next year as well as some of the giant Chinese and Indian startups.
It took Catcha eight years of stumbles before it finally found success said cofounder Patrick Grove, who also listed the 5Ps of building a disruptive business at the Wild Digital conference in KL.
After making the tough decision to shut down several lines of business, Malaysia’s Rev Asia Holdings Sdn Bhd has embarked on a three-year roadmap that it says will transform it into one of the largest digital media companies in the region.
Japanese e-marketing company Opt Inc announced that it has acquired Catcha Digital Asia Pte Ltd (CDA), one of South-East Asia’s leading digital media networks, from Catcha Group Pte Ltd.
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.
Next week’s Disrupt on Wed the 20th at Plug and Play Technologies Sdn Bhd, 7th Floor South Tower, Gardens, is all about the money. Who is giving it out, and what the funders like in the ideas and the entrepreneurs.