Latest news and trends about tech
ScaleUp Malaysia announces its Top 20 Companies for its 3rd Cohort
The companies selected hail from a diverse group of industries and verticals such as Edutech, Fintech, Media, Manufacturing, Cyber Security, FoodTech, and e-commerce.
Vietnam’s Loship eyes opportunities in ‘quick commerce’ as it strives for NYSE listing by 2024
In the interview, Nguyen also shared his views on competition, Loship’s competitive advantages, the firm's planned timeline to profitability, and the latest progress of its US listing plan.
Achieving the next-generation crypto exchange for the masses through DeFi platforms
The metaverse is expected to see the rise of a multitude of digital and online platforms and services. One specific sub-sector here that merits attention is that of Decentralized Exchanges (DEX). While digital currency exchanges have experienced setbacks over the years, they continue to grow and gain more users.
MyCloudFulfillment raises $7.4M Series B from JWD Group & SCB 10X to support warehouse & service improvement & regional expansion
The funding will be mainly used on improving warehouse and service capability, expanding the management and software development team, and expanding its service to neighboring countries.
Singapore’s Una Brands raises $15M Series A funding co-led by White Star Capital and AlphaJWC
Una Brands will use this capital to acquire e-commerce brands based in the Asia Pacific and further strengthen its technology and team to operate these brands at scale.
Cloud: The great equalizer for SMEs looking to scale their business
The significance of adopting cloud networks in today’s digital transformation goes beyond just being able to access information online and building business resilience. 2018 was about jumping onto the Cloud bandwagon, 2020 was about survival of the fittest as businesses strive to stay afloat and adapt to the digital format, and 2022 will be the year for…
Siam Commercial Bank buys 51% stake in digital asset exchange Bitkub for $540M
Under the deal, SCB’s affiliate SCB Securities Co., Ltd. (SCBS) will become Bitkub’s major shareholder and will be responsible for driving and engaging closely with the company as a business partner in building a business and digital asset ecosystem whereby digital asset exchange will become one of the nation’s key infrastructure segments to achieve further…
Taiwan’s ALP to invest $1B to develop smart warehousing parks in Malaysia
Taiwan’s largest warehousing infrastructure developer Ally Logistic Property, Co. Ltd. (ALP) is set to invest $1 billion in Malaysia to develop smart warehousing solutions to boost the nation’s logistics industry.
Singapore’s ShipsFocus and Quest Ventures launch Maritime Fund, with first close at $7.5M
The Maritime Fund will invest in startups and technologies spanning applications in shipping and operations, maritime services, and port operations and services, which can include transiting shipping into a digital operating system and addressing ESG, GHG emission and regulatory challenges, and deep-tech disruptions ranging from autonomous vehicles to…
Portugal’s EDP Renewables acquires 87.4% stake in Singapore’s Sunseap for $697M
The transaction allows EDPR to establish its presence in APAC with 540MW of operational and under-construction solar projects and a sizeable portfolio at different stages of development, namely 5.5GW of renewable projects.
