Malaysia’s Carsome acquires majority stake in Singapore integrated automotive firm CarTimes Automobile
Malaysia-based integrated car e-commerce platform Carsome Group Pte Ltd (Carsome) announced Thursday the acquisition of 51 percent stake in Singapore integrated automotive firm…
Malaysia’s MRANTI to open new learning and development centre to ramp up technology-savvy talent pool and innovation portfolio
The Malaysia Research Accelerator for Technology and Innovation (MRANTI) will be opening a 2,000 square feet MakersLab in May, to ramp up its technology-savvy talent pool and its…
Starbucks partners with Grab to enhance Starbucks experience for customers in Southeast Asia
Starbucks announced Wednesday an integrated partnership with Grab across six markets, including the Philippines, Thailand, Singapore, Malaysia, Indonesia, and Vietnam. The…
Malaysia’s drone tech hub ambition: Opportunities & Challenges [Part 2]
In Part 2, we focus on the challenges faced by drone tech startups, the Malaysia government’s initiatives to support the industry and some suggestions from drone tech companies.
Singapore’s PropertyGuru to debut on NYSE on Friday
The merger proposal was passed on Tuesday (March 15) at the extraordinary general meeting of Bridgetown 2.
Malaysia’s Carsome buys 51% stake in Singapore used car dealer CarTimes for $60M – report
The news comes as Carsome is said to be preparing for an initial public offering in the US later of the year.
Singapore machine learning firm Datature raises $2.7M from Openspace
Datature has raised $2.7 million from Openspace. January Capital also participated in the round. The latest funding will enable Datature to expand its platform offering in order…
86 percent of investors plan to invest the same or more in private capital over next 12 months, says Preqin
While competition for assets, valuations, and rising interest rates top the list of investor concerns, more than a third (35 percent) plan to invest more in private capital over…
HSBC enters the metaverse via partnership with The Sandbox
HSBC and The Sandbox announced Wednesday a new partnership that will open up a host of opportunities for virtual communities across the world to engage with global financial…
Singapore employment platform Multiplier raises $60M led by Tiger Global, Sequoia Capital India
Multiplier on Wednesday announced a $60 million Series B funding round co-led by Tiger Global and Sequoia Capital India with participation from DST Global Partners.The new…
Rainforest’s Per-Ola Röst on innovating microbrands through centralized, seamless, cross-border fulfillment [Q&A]
"Operating microbrands in SEA today is a complex venture from an operational perspective. Compared with Amazon’s PAN-EU fulfillment program -- allowing brands to unlock the entire…
Singapore’s ShipsKart raises $2.7M Series A funding led by TMV and Hermes Offshore
Shipskart has closed an oversubscribed $2.7 million Series A to bring one of the maritime and offshore industry’s most analogue processes, the procurement of essential vessel…
Temasek, SoftBank, C Ventures and others invest in US ConsenSys $450M Series D funding
ConsenSys announced Tuesday the close of a $450 million financing ground, bringing its valuation to $7 billion. ParaFi Capital led this raise after participating in ConsenSys’…
Singapore cryptocurrency firm Hodlnaut gets license from Singapore regulator for additional payment services
Hodlnaut has received an in-principle approval (IPA) letter for a Major Payment Institution License in Singapore from the Monetary Authority of Singapore (MAS) under the Payment…
