Latest news and trends about tech

Grab to acquire Malaysia-based supermarket chain Jaya Grocer

While Grab did not disclose the financials of the transaction in the filing, the deal is said to be worth between MYR1.5 billion ($354 million) and MYR1.8 billion ($425.42 million), local media reported, quoting sources.

Hong Kong venture accelerator Brinc closes $130M funding led by Animoca Brands

Brinc announced the closing of its $30 million Series B fundraise and a further $100 million for startup investments, led by Hong Kong unicorn Animoca Brands. The new capital will fuel Brinc’s global platform expansion across new locations and verticals – allowing more investors and corporate partners to leverage funds, accelerators and bespoke-deal…

Family offices: Global landscape and key trends [Beyond Virtual Panel recap]

Improving the family office is a serious concern since most of the 17,000 family offices are believed to be inefficient, siloed, and fragmented. The family office market is growing exponentially, and it would be greatly beneficial to have a way to raise its efficiency.

Amazon Web Services launches Indonesia cloud region, to invest $5B in the region over next 15 years

Amazon Web Services (AWS) has announced the launch of the AWS Asia Pacific (Jakarta) Region. It is planning to invest an estimated $5 billion in Indonesia over the next 15 years through the new AWS Asia Pacific (Jakarta) Region, which includes capital expenditures on the construction of data centers, operational expenses related to ongoing utilities and…

Zoomcar launches operations in the Philippines, plans to invest $25 million over next 12 months

Zoomcar announced its launch of operations in the Philippines. The company plans to invest $25 million across the Philippines in the next 12 months to fuel its expansion in the country. In its recent push into the Southeast Asia region, the company appointed Gene Angelo Ferrer as its country head in the Philippines to help scale their business. The company…

Indonesia’s Lemonilo raises $36M Series C funding from Sofina and Sequoia Capital India

Lemonilo, an Indonesian healthy lifestyle consumer goods company, has raised a US$36 million Series C funding led by Sofina. Sequoia Capital India, Lemonilo’s current investor, also participated in the round. Through this funding, Lemonilo plans to strengthen its current business and expand to international markets, the company said in a statement.

Philippine gaming firm AcadArena raises $3.5M seed round from 1KX, Hashed and others

AcadArena has recently secured $3.5 million in funding led by token fund 1KX, Korean blockchain venture capital firm Hashed, and others. Over 50 investors from prominent businesses across the world participated in the seed round, whose funds are meant to hire more manpower, acquire more play-to-earn assets, product development, strategic partnerships, and…

Game on – The evolution of eSports and gaming [Beyond Virtual Panel recap]

Digital gaming and eSports continue to advance further and become more enticing for players. Their popularity, particularly in the midst of a pandemic, is also in a way blurring the lines between traditional gaming and digital gaming.

Brands have ‘one shot to impress’ with digital services or risk losing customers, says AppDynamics’ Joe Byrne [Q&A]

Getting real-time visibility across the entire IT environment is critical to maintaining operations and enabling innovation, says AppDynamics CTO Joe Byrne, in a TechNode Global Q&A.