Cainiao launches first warehouse in Jakarta as part of regional cHub expansion plan

Cainiao Group, the logistics arm of Chinese conglomerate Alibaba Group Holding Limited, has on Thursday announced the launch of its first warehouse, Cainiao Cikarang Logistics…

Former Lazada CEO Ray Alimurung joins Philippine sari-sari store enabler Packworks’ Board of Advisors

Packworks, a Philippine startup that provides a business-to-business (B2B) open platform to sari-sari stores, has welcomed Ray Alimurung, former Lazada Chairman and Chief…

Singaporean government partners Google Cloud to launch AI Trailblazers to accelerate generative AI development

Singaporean government has partnered Google Cloud to launch “AI Trailblazers", which is designed to help organizations in Singapore identify real-world challenges that can be…

Goodwater raises over $1B to support consumer technology startups globally

Goodwater, the United States-based venture capital fund exclusively focused on consumer tech investments, announced Tuesday that it has raised over $1 billion across its family of…

Singapore’s SUNRATE closes Series D-2 funding round led by Sequoia Capital Southeast Asia

SUNRATE, a Singapore-based intelligent global payment and treasury management platform, announced Thursday that it has raised an extended Series D (Series D-2) funding round from…

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Jobseekers are turning their backs on employers who don’t offer seamless digital experiences

For many organizations, whose future success depends on their ability to address skills gaps and bring new talent into the workforce, the benefits of seamless digital experience…

Singapore’s Mirxes to list in Hong Kong after securing $50M in Series D funding

Mirxes Holding Company Limited, a Singapore-headquartered biotech firm, announced Tuesday that it has filed listing application with The Stock Exchange of Hong Kong Limited after…

Foodpanda partners TabSquare to deliver AI-powered solutions to digitalize dining experiences in restaurants across Asia

Germany-based food and grocery delivery network Foodpanda has partnered with Singapore-based artificial intelligence (AI)-powered in-restaurant solutions provider TabSquare to…

Philippine market insights start-up Agile Data rakes in $494,347 revenue for 2023

Philippine tech start-up Agile Data has on Wednesday announced an annual net revenue of PHP 27 million ($494,347) for 2023, with cost of goods sold (COGS) conservatively sitting…

1337 Ventures hosts ECF Accelerator to help Malaysian SMEs maximize opportunities through ECF fundraising

Malaysia-based venture capital firms 1337 Ventures and Leet Capital are back to host the ECF Accelerator Program in the country to help Malaysian small and medium-sized…

Nissan to invest $664M in Renault’s EV and software entity Ampere

Japanese automaker Nissan Motor Co. has committed to invest up to Euro 600 million ($664 million) in Ampere, Renault Group’s new electric vehicle (EV) and software entity in…

GoTo Financial launches GoPay app in Indonesia

GoTo Financial, GoTo's financial technology business unit, has officially launched the GoPay app in Indonesia, as part of its commitment to provide financial services for more…

Crypto.com partners with LINE Xenesis to drive crypto adoption in APAC

Singapore-based cryptocurrency exchange company Crypto.com has partnered with LINE's crypto asset and blockchain-related business developer LINE Xenesis Corporation (LINE Xenesis)…