The FT is buying another media startup: Deal Street Asia
Fresh from picking up a majority stake in Europe-based The Next Web, the Financial Times is buying another tech blog. The newspaper, which was founded in 1888, is adding Singapore-based Deal Street Asia to its roster with a deal expected to close in April, according to three sources with knowledge of discussions. Founded in 2014 [?]
- Fresh from picking up a majority stake in Europe-based The Next Web, the Financial Times is buying another tech blog.
- Founded in 2014 by Indian journalists Joji Thomas Philip and Sushobhan Mukherjee, Deal Street Asia mixes Asia startup news with updates from Asia's financial markets and business verticals.
- Its investors include Singapore Press Holdings, Vijay Shekhar Sharma, the founder of Alibaba-backed Paytm, the Singapore Angel Network and Hindustan Times, the Indian media firm that operates Mint, which is a Deal Street Asia content partner.