Macquarie Capital

Startups, Entrepreneurs, Digital economy

Grab pulls in US$2 bil funding; eyes Indonesia expansion

SINGAPORE (Aug 2): Grab Holdings today ended months of speculation and confirmed that it has raised US$2 billion ($2.7 billion) in a round of fundraising aimed at pushing Grab to be the leading technology player in Southeast Asia.
Li Ka-Shing

Billionaire Li Ka-Shing bids $7.7 bil for Australia’s Duet

MELBOURNE/SYDNEY (Dec 5): Hong Kong billionaire Li Ka-shing’s Cheung Kong Infrastructure Holdings Ltd. offered A$7.3 billion ($7.73 billion) in cash for Australia’s Duet Group as it seeks to expand its power and gas pipeline assets.
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