Singapore Tycoon Wee Cho Yaw’s UOB To Buy Citi’s Southeast Asia Consumer Business For $3.6 Billion

Wee Ee Cheong, chief executive officer of United Overseas Bank Ltd. (UOB), holds a news conference … [+] in Singapore, on February 22, 2019. Ore Huiying/Bloomberg United Overseas Bank—controlled...

Malaysian Unicorn Carsome Raises $290 Million To Fund Southeast Asia Expansion Plans

Eric Cheng, cofounder and CEO of Carsome. Carsome Carsome, Malaysia’s first tech unicorn startup, raised $290 million in a Series E funding round, valuing the used-car online marketplace at $1.7 billi...