Riding Southeast Asia’s tech IPO boom, Indonesian VC firm Alpha JWC has raised $433 million for its third fund. The new fund, the largest in the region for investments in early-stage startups, counts the World Bank’s International Finance Corporation and Morgan Stanley Alternative Investment Partners among its backers. Global investor interest in Southeast Asia has increased, driven by the...
asia venture capital
Indonesian VC Firm Alpha JWC Raises $433 Million Fund for Southeast Asian Startups
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals. As Musk has...
Twitter Valued at $20 Billion in New Employee Stock Grant
Amazon Starts Latest Round of 9,000 Layoffs
Nasdaq to Launch Crypto Custody Service By End of June
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
Exclusive startups electric vehicles
SpaceX Plans New Funding With Backing From Saudi, UAE Investors
Exclusive microsoft startups
Amazon Faces Moment of Truth on Alexa as ChatGPT Steals Its Thunder