FT publisher acquires Singaporean new media startup Deal Street Asia

Nikkei, the Japanese media firm that owns Financial Times, has confirmed that it has acquired Singapore-based new media startup Deal Street Asia. The deal is undisclosed, but the announcement does confirm a TechCrunch report that broke news of the impending acquisition. Deal Street Asia covers a mix of news from Asia’s financial markets, business verticals and start-ups. Launched in 2014, Deal Street Asia, its backers include Singapore Press Holdings, North Base Media, Alpha JWC, K2 VC, SGAN and Hindustan Times, which is a Deal Street Asia content partner.