Malaysia’s Carsome announces ‘group-wide accelerated profitability plan’ including job cuts
As part of the "employee base optimization", Carsome said it will focus on improving productivity across the business, aligning resources with contributions to the bottom line,…
Softbank-backed Carro sees ‘many’ opportunities in Japan market; eyeing Australia, Philippines, Vietnam
Besides Japan, Carro is also eyeing several markets including Australia, Philippines, Vietnam markets, Narushima said.
Grab targets group adjusted EBITDA breakeven by second half of 2024
Singapore-based super app Grab Holdings Limited announced Tuesday that it is targeting to achieve breakeven on a group adjusted earnings before interest, taxes, depreciation, and…
Singapore’s Una Brands raises $30M Series B funding for category and regional expansion
Singapore-based E-commerce aggregator startup Una Brands announced Thursday it has closed a capital raise of $30 million in the first close of a Series B funding round led by…
Singapore’s HeadsUp secures $8.5M seed fund led by 645 Ventures
HeadsUp, the Singapore-based conversion engine for product led sales, announced Wednesday that it has closed $8.5 million in seed funding from top software as a service (SaaS)…
Ethereum security likely to remain under-challenged post-Merge?
There are reasons to believe the new changes brought by merge will make Ethereum temporarily less secure, but there are always two sides to the crypto coin. Where contributors are…
US’s Wasabi Technologies closes $250M new funding
Wasabi Technologies, a Japan-based hot cloud storage company, announced Wednesday it has achieved unicorn status following $250 million in new funding. The firm has raised $125…
AXA Hong Kong partners with The Sandbox to become first insurer in Hong Kong to enter metaverse
The Sandbox, a Hong Kong-based decentralised gaming virtual world and a subsidiary of Animoca Brands, and AXA Hong Kong, a Hong Kong-based insurer, announced Wednesday that AXA…
Malaysia’s BEYOND4 aims to build more profitable startups with its accelerator programs
On Tuesday, 15 startups across nine verticals including manufacturing, SAAS, HealthTech, logisitcs, AgriTech, FoodTech, FinTech, EdTech and PropTech were chosen to pitch on the…
How the rise of mobile gaming is unlocking new opportunities for marketers
The popularity of mobile gaming creates an opportunity for users, developers and marketers all alike with in-app advertising.
Taiwan’s Aiello raises $5.8M to expand its voice AI solutions internationally
Aiello Inc., a Taiwan-based natural language processing and voice artificial intelligence (AI) startup, announced Monday it has raised $5.8 million in a Series Pre-A+ funding…
AC Ventures partners CTO-as-a-service firm 8020cto to boost Southeast Asian tech teams
8020cto, a CTO-as-a-service company, has partnered with AC Ventures by committing to provide engineering leadership solutions for the firm’s portfolio companies.
X-PITCH 2022 Global TOP150 announced
150 semi-finalists of this year’s X-PITCH were selected from 4,000+ startups in 51 countries.
Malaysia’s Aerodyne secures $30M strategic investment bridging round led by Petronas
Malaysia-based drone service provider Aerodyne Group announced Monday that it had raised $30 million as part of its latest bridging round. Iits long-time client Petronas, via its…
