GARAGE: NEWS ANALYSIS
Chinese tech majors could star in more S-E Asian unicorn deals
Singapore
BIG tech money from China surfaced in the minting of two South-east Asian unicorns last week.
In Ninja Van's US$578 million fundraise, Alibaba invested a whopping US$200 million, valuing the last-mile logistics company at US$2.2 billion, according to data from VentureCap Insights.