First to feel the pains of COVID-19, Asia-Pacific may be one of the first regions to rebound in a post-pandemic world. Such is the sentiment among M&A dealmakers in the region. Read the full report with Baker Tilly here.
Having found online-to-offline services and mobile payments too crowded, Malaysia's Fave turned itself into a digitization guide for small businesses. Collaboration with India's Pine Labs should strengthen its offering
Chinese household appliance manufacturers are looking at European and US targets in the home space sector including intelligent & green household appliances, in-home robotics appliances, high-tech based interactive platforms or ecosystems. Simultaneously, Chinese buyers from other sectors are also looking to diversify into the smart home space via M&A opportunities in Europe and the US.
Southeast Asia is expected to begin to bounce back in 1H21 - in the best-case scenario that a vaccine will be rolled out next year - with deal activity picking up, especially industrial and technology deals.