Hong Kong’s Varadise secures $3M in Series A funding round led by Betatron
Hong Kong-born construction tech company Varadise Limited has secured $3 million in a Series A funding round led by Betatron Venture Group.
China’s XTransfer receives license to provide payment services in Singapore
XTransfer, a China-based business to business (B2B) cross-border trade payment platform, was granted the major payment institution (MPI) license by the Monetary Authority of…
Salesforce: 87 percent of SMBs in Singapore with AI report growth in revenue
87 percent of small and medium-sized businesses (SMBs) in Singapore with artificial intelligence (AI) report growth in revenue, a survey from Salesforce revealed on Thursday.
Analysts see US AI chip export curbs has limited impacts on Malaysia’s tech space
The United States artificial intelligence (AI) chip export curbs has limited impacts on Malaysia’s technology space, Malaysian analysts said Friday.
Largest Philippine fintech company GCash said to pick banks for IPO – report
GCash has selected JPMorgan Chase & Co, Morgan Stanley and UBS Group AG to work on the potential share sale, the people reportedly said. Other banks that may also help to arrange…
Calling APAC Startups: Third edition of PepsiCo’s Greenhouse Accelerator Program opens applications for sustainability innovators
PepsiCo’s Greenhouse Accelerator Program aims to collaborate with startups working to advance breakthrough innovations across the circular economy, climate action and sustainable…
Indonesia’s Bukalapak ceases physical product sales on marketplace
Indonesian e-commercer firm Bukalapak said Thursday that the firm has decided to gradually discontinue physical product sales on the Bukalapak platform, starting in February 2025.
Sony Honda Mobility partners HERE Technologies for connected EVs and software-defined vehicles
HERE Technologies, the Netherlands-based location data and technology platform, has on Wednesday announced its partnership with a Japanese automotive joint venture firm Sony Honda…
Indonesia’s J&T Express reports 32.5 percent parcel volume growth in fourth quarter of 2024
J&T Global Express, the Hong Kong-listed Indonesian logistics service provider, announced Tuesday that the firm achieved a total parcel volume of 7.39 billion in the fourth…
Malaysia’s 1337 Ventures: outlook for Malaysia’s tech ecosystem in 2025 is incredibly promising
"The outlook for Malaysia’s tech ecosystem in 2025 is incredibly promising. We’re witnessing stronger collaborations between startups, corporates, and accelerators, paving the way…
Maybank sees robust fintech to drive ASEAN internet sustained growth
Maybank Investment Bank said Wednesday that robust fintech will support elevated growth of ASEAN internet firms in 2025.
Woori Venture Partners invests in Singapore wireless charging solutions firm Xnergy
Xnergy Autonomous Power Technologies (Xnergy) announced Wednesday that it has secured a significant investment from Woori Venture Partners, a South Korea-based venture capital…
Indonesia e-commerce firm Bukalapak to stop selling physical goods – report
Bukalapak, which went public in 2021, said in a statement that it later would only sell virtual products ranging from mobile phone credits to streaming vouchers.
Apple still barred from selling iPhone 16 in Indonesia despite investment deal, minister says – report
Minister Agus Gumiwang Kartasasmita said Apple had struck a deal to build a facility producing its Airtag tracking device on Indonesia's Batam island, close to Singapore, but that…
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