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Business deals

Nikkei buys majority stake in DealStreetAsia

Japanese media group to expand startup coverage in Southeast Asia and India

Nikkei aims to use the DealStreetAsia acquisition to deepen its coverage of Asia's startup and tech scene.  

TOKYO -- Nikkei announced on Friday that it is acquiring a majority stake in DealStreetAsia, a Singapore-based financial news site with a focus on corporate investment activity in Southeast Asia and India. 

The deal will enable the Japanese media group to deepen its coverage of the fast-growing Asian startup ecosystem and tech industries, Nikkei said in a news release. 

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