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Editor s take: The week that was — July 12-17

BOCOM International, a unit of Hong Kong-listed Bank of Communications, and venture capital firm Cyberport Macro Fund (CMF). Tongcheng Life, a Chinese online community group-buying platform backed by Bertelsmann Asia Investments, has filed for bankruptcy just three years after its inception in August 2018. The startup, which secured an investment of $200 million last June, failed to stay afloat in an increasingly competitive market fuelled by heavy subsidies. All the deals announced in the region are captured in our deal monitor. Fundraising by investors continues unabated Malaysian private equity firm Creador has made the first close of its fifth fund at $500 million, DealStreetAsia has learnt. The fund is on track to make its final close by the end of this year with a corpus of $680 million.

1exchange Welcomes Listing of JOCOM, Malaysia s Fastest Growing Mobile Groceries and Shopping Platform

March 18, 2021 JOCOM is the Third Company to List on 1exchange, the Leading MAS-Regulated Private Securities Exchange in Singapore Jocom International Holdings SDN. BHD. ( JOCOM ) operates a leading M-Commerce platform in Malaysia specialising in online grocery shopping via mobile smartphones The popular grocery and lifestyle shopping app provides a total integrated solution that serves both vendors as well as shoppers JOCOM s listing on 1exchange comes on the back of accelerated consumer demand for convenient mobile grocers and the increasing number of vendors seeking alternative channels to engage customers SINGAPORE, March 18, 2021 /PRNewswire/  1exchange ( 1X ), Singapore s first regulated private securities exchange and a member of leading integrated private market ecosystem CapBridge Financial, today announced the direct listing of Jocom International Holdings SDN. BHD. ( JOCOM ), operator of leading Malaysia-based M-commerce platform JOCOM. The JOCOM mobile app conne

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