Singapore’s Rainforest acquires baby care brand NatureBond
Rainforest, a Singapore-based eCommerce buy and build player, announced Thursday that it has completed the acquisition of Millenium Enterprises including its flagship brand…
Australia’s Linktree raises $110M funding led by Index Ventures and Coatue at a valuation of $1.3 billion
Linktree has raised $110 million funding led by Index Ventures and Coatue at a valuation of $1.3 billion. The company's fast-paced growth trajectory to 24 million users in the…
Airwallex partners with Choco Up to empower cross-border e-commerce
Airwallex, announced Thursday its partnership with Choco Up to support the future growth of cross-border ecommerce. By combining Airwallex’s proprietary global payments…
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…
