Tag: Acquisition
Sydney, Australia – International advisory, ventures, and creative firm Meliora has acquired Auckland-based digital consultancy Backchat Media, bringing the boutique agency’s founder, Mel Lee, into the fold as an equity partner. The move comes as Meliora, founded by Clive Dickens in 2025, seeks to cement...
Taiwan – Grab Holdings has agreed to acquire the Taiwan delivery business of foodpanda from Delivery Hero for $600 million in cash, subject to regulatory approvals and customary closing conditions. The transaction is expected to close in the second half of 2026. Once completed, Grab will expand into...
China – Centurium Capital Partners, the lead investor in Luckin Coffee, is reportedly in advanced talks to acquire Nestlé’s Blue Bottle Coffee brand. According to a Bloomberg report citing anonymous sources familiar with the matter, Centurium Capital is finalising the deal with the coffee roaster and...
Kuala Lumpur, Malaysia – Lotus’s Stores Malaysia, a subsidiary of CP AXTRA, has signed an agreement to acquire 100% of the issued and paid-up share capital of The Food Purveyor for MYR 1.66b (approximately THB 13.48b, or USD 425.8m). The Food Purveyor operates 50 supermarket outlets in Malaysia under...
U.S.A. – Mattel, the global play and family entertainment company behind brands like Barbie, Hot Wheels, and UNO, has struck a deal with its joint venture partner NetEase to acquire full ownership of Mattel163, its mobile games studio. Mattel163, launched in 2018, develops digital games based on Mattel’s...
Singapore – Grab Holdings Limited has signed definitive agreements to acquire 100% of U.S. digital investing platform Stash Financial, Inc. in a deal that accelerates its financial services roadmap and expands its footprint into the mass-market investing segment. Under the agreement, Grab will acquire...
The acquisition brings together two independent agencies with complementary capabilities across brand activation, social content and experiential marketing.
U.S. – Elon Musk has consolidated his AI and space ventures after SpaceX acquired xAI, merging the rocket-and-satellite company with the Grok chatbot developer in a transaction reportedly valuing the combined group at more than US$1 trillion. The major deal was announced on Monday in a statement by Elon...
Ho Chi Minh, Vietnam— Hakuhodo Inc. has acquired a majority stake in BCM Venture Integrated Co. Ltd., a Vietnamese independent digital marketing agency, making BCM a consolidated subsidiary of the Japanese advertising group. BCM provides digital marketing services, including e-commerce management, data...
Hong Kong – DFS, the global luxury travel retailer owned by LVMH and Robert Miller, has signed a definitive agreement with China Tourism Group Duty Free (CTG Duty Free) to sell its travel retail operations in Hong Kong and Macau, along with associated intangible assets in Greater China. Under the agreement,...
