Grab acquires Singapore’s third largest taxi operator Trans-cab through its GrabRentals arm
Grab Holdings Limited and Trans-cab Holdings Ltd have on Thursday announced the signing of an agreement for Grab Rentals Pte. Ltd. to acquire 100 percent of the shares in…
Alibaba injects $845M into Southeast Asia unit Lazada- report
Founded in 2012, Lazada Group is one of the leading eCommerce platforms in Southeast Asia. It is available in Indonesia, Malaysia, the Philippines, Singapore, Thailand and…
LINE MAN Wongnai acquires Thai POS startup FoodStory
Thailand-based e-Commerce platform LINE MAN Wongnai said Thursday it has reached an agreement to acquire FoodStory, a Thai startup specializing in restaurant point-of-sales (POS)…
Indian cyber security startup PingSafe launches from Stealth with $3.3M to outsmart attackers
PingSafe, an India-based cloud-native application protection platform (CNAPP) platform powered by attacker intelligence, has on Thursday announced its emergence from stealth mode…
Manta Network developer p0x labs raises $25M Series A funding
P0x labs, the cryptographic development team building Manta Network, has on Thursday announced its $25 million Series A funding, led by Polychain Capital and Qiming Venture…
GrabAds launches ‘Marketing Manager’ to help MSMEs in Southeast Asia to spur sales
GrabAds, the advertising arm of Southeast Asian superapp Grab, has launched Marketing Manager - a web-based marketing platform that gives small and medium-sized businesses full…
Vietnam’s VinFast to build electric vehicle factory in North Carolina next week
Vietnamese automaker VinFast has announced that it will hold the groundbreaking ceremony of its electric vehicle factory in North Carolina on July 28. The factory is expected to…
Philippine career platform Bossjob launches services in Japan
Bossjob, the chat-first career platform for professional hiring based in the Philippines, has announced it will launch its service in the Japanese market, facilitating Japanese…
Indonesia‘s MAKA Motors raises $37.6M in seed funding round co-led by AC Ventures, SV Investment, East Ventures
Indonesia-based electric vehicle (EV) startup MAKA Motors announced Thursday the successful completion of its seed funding round, raising $37.6 million. The funding round was…
Tesla to invest in Malaysia, boosting the country’s sustainable mobility
Tesla Sdn. Bhd. (Tesla), an American multinational electric automotive manufacturer, has on Thursday announced its strategic expansion into the Malaysian market. The expansion…
Digital bank GXS offers saving accounts in Singapore with maximum deposit amount of $57,000
Singaporean digital bank GXS Bank (GXS) which is backed by superapp Grab Holdings Ltd and communications technology group Singtel, has announced that it has opened up the GXS…
US-based Ares Management acquires Singapore-based private equity firm Crescent Point Capital
United States investor Ares Management Corporation (Ares) announced Monday that it has entered into a definitive agreement to acquire 100 percent of Crescent Point Capital (CPC),…
Sprout Solutions expands artificial intelligence capabilities via Aiah AI acquisition
Sprout Solutions, a homegrown business to business (B2B) software as a service (SaaS) company and human resource tech firm in the Philippines, has finalized the acquisition of…
Sime Darby, AEI Capital become limited partners in Vynn Capital’s $30M fund
Vynn Capital, a Malaysia-based venture capital firm specializing in early-stage investments, has on Wednesday announced the participation of Malaysian conglomerate Sime Darby…
