Malaysia’s HOMA2U secures $875,000 funding from Singapore-based Quest Ventures
HOMA Sdn Bhd (HOMA2U), a Malaysian marketplace for renovation and interior design materials, announced Tuesday that it secured $875,000 in its pre-series A funding. The investment…
TDCX: ASEAN SMEs plan to invest $130 billion in digitalization
Small and medium-sized enterprises (SMEs) in ASEAN do not plan to slow down their investment in digitalization, and plan to invest a further $130 billion for digitalization over…
Bukalapak slips into the red with $68.18M net loss in 1Q
Indonesian e-commerce company PT Bukalapak.com Tbk (Bukalapak) said last Friday it has slipped into the red by recording a net loss of 1 trillion rupiah ($68.18 million) in the…
BigPay announces leadership transition as Capital A commits to sustain growth in fintech business
BigPay, a Capital A venture company and fintech firm based in Malaysia, has announced the appointment of Zubin Rada Krishnan as its Acting Group Chief Executive Officer.
Total transaction value made via Alipay by Chinese tourists in Singapore almost doubled in Q1
Alipay, the digital platform for payment and other digital services owned by China-base Ant Group, has on Friday reported that the total transaction value made by Chinese tourists…
South Korea’s Kakao Pay acquires majority stake in Siebert Financial Corp
Kakao Pay, a fintech subsidiary of Korean-based conglomerate Kakao Corp., has on last Thursday announced an agreement to purchase a 19.9 percent stake in United States-based…
Japan’s GLOBIS Capital Partners closes Fund VII at $534M
Japanese venture capital firm GLOBIS Capital Partners (GCP) has announced the final closing of its Fund VII at 72.7 billion yen ($534 million).
Alibaba Cloud announces Tongyi Qianwen Partnership Program
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has announced the launch of “Tongyi Qianwen Partnership Program”, which aims to co-create large…
GoTo closer to profitability as net loss down 41 percent y-o-y in 1Q
PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, said its net loss fell 41 percent year on year to 3.9 trillion rupiah ($265 million) in the first…
How AI solutions can enhance customer experience
Gone are the days when businesses were using off-the-shelf solutions for customer services and planning out further business strategies. In this dynamic marketplace, where…
NASDAQ-bound Singaporean biotech firm AUM Biosciences aims to be key player in global precision oncology space
In the interview ahead of the company’s de-SPAC, CEO also shared about the challenges and opportunities as the precision oncology space, the company's immediate plan following its…
Axiata’s FinTech arm Boost Holdings said to be weighing funding round – report
Boost Holdings is said to be working with a financial adviser on the potential fundraising, which may give the start-up a valuation of $700 million.
Future-proofing your business? Begin with payments
For online-focused merchants, the value of investing in payments has long been recognized. Payments are the most direct gateway to their customers, inextricably tied to the growth…
Airasia SuperApp average monthly active users up 12 percent q-o-q in first quarter
Airasia SuperApp recorded 12.9 million average monthly active users (MAU) in the first quarter of 2023, up by 12 percent quarter on quarter, its parent firm Capital A Berhad said…
