Nikkei buys Singapore-based media startup DealStreetAsia

Singapore

NIKKEI, owner of the Financial Times (FT) and publisher of Nikkei Asian Review, is acquiring a majority stake in DealStreetAsia, a media startup that tracks private equity and venture capital activity across South-east Asia and India.

The deal is meant to deepen Nikkei's coverage of the Asian startup and tech scene, the "fastest-growing sectors in the region", said the group. The acquisition also strengthens Nikkei and FT's corporate news and data service scoutAsia, it added.