Here’s what you should know before the weekend.

1. H&M Asia to roll out online strategy

The H&M Asia online stores will open in Hong Kong, Singapore, Macau, Taiwan and Malaysia. A sixth will open in Turkey. Last year, H&M opened online stores in 11 markets, along with a new 427 new brick-and-mortar stores worldwide.

“This means that H&M is now present in 64 markets of which 35 offer ecommerce. ” Said Karl-Johan Persson, CEO of H&M.

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2. Foreign funds pour money into Vietnamese startups

John Wu, Alibaba’s former tech director has poured $3 million into

1337 Ventures, a Malaysian fund, has announced investment in three Vietnamese startups, following Alpha Startups, a startup incubation program launched recently in HCM City.

Each of the three businesses would receive $25,000 in capital and services and have the right to join the 3-month startup acceleration program to be run by 1337 Ventures.

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3. SCB & Sansiri join up for property tech

SET-listed developer Sansiri Plc will join Siam Commercial Bank (SCB) in forming the country’s first venture capital firm aimed at investing in property technology (proptech) startups. Siri Venture has has an initial registered capital of 100 million baht of which 90% is held by Sansiri and SCB owns the rest.

This is Thailand’s first foray into property technology.

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