Japan’s JERA to invest $300M in greentech-focused startups
Japanese energy firm JERA Co., Inc. (JERA) has initiated corporate venture capital activities with the aim of accelerating innovation in the energy domain and generating new…
Trip.com partners Chope to provide instant restaurant reservations to Southeast Asian-bound travellers
China-based global travel platform Trip.com Group has partnered with Singapore-based dining platform Chope to provide instant restaurant reservations to Southeast Asian-bound…
Malaysia’s Sime Darby Motors partners UK’s AstraZeneca to accelerate electric vehicle adoption
Malaysia’s automotive player Sime Darby Motors (SDM) Malaysia and United Kingdom-based biopharmaceutical company AstraZeneca have recently partnered to accelerate the adoption of…
Grab could achieve adjusted EBITDA breakeven in 3Q following layoff exercise, say CGS-CIMB analysts
“Layoff exercise in June leads us to believe Grab can achieve adjusted EBITDA breakeven in 3Q23F (forecast), one quarter ahead of guidance,” CGS-CIMB analysts Ong Khang Chuen and…
Atome partners TikTok Shop to drive e-commerce growth in Malaysia
Atome, a Singapore-based digital consumer financing platform, has joined forces with TikTok Shop to revolutionize the e-commerce landscape in Malaysia. This strategic partnership…
Silicon Box launches $2B advanced semiconductor manufacturing foundry in Singapore
Silicon Box, a Singapore-based semiconductor integration startup, has launched its $2 billion advanced semiconductor manufacturing foundry to revolutionize the chip manufacturing…
Singapore’s GIC invests in Aichi logistics facility developed by Daiwa House Industry
GIC, a Singapore-based investment firm, has announced that it will acquire a logistics facility in Yatomi city, part of the Greater Nagoya metropolitan area.
Sequoia Capital partner Michael Moritz to exit firm after almost four decades – report
Moritz will now focus on Sequoia Heritage.
India’s o9 Solutions raises $116M investment at $3.7B valuation
o9 Solutions, an India-based enterprise artificial intelligence (AI) software platform provider has on Wednesday announced that its existing investors, led by General Atlantic’s…
Shinhan Bank, SCB TechX, other financial institutions complete stablecoin remittances pilot on Hedera
South Korean bank Shinhan Bank, Siam Commercial Bank's technology innovation business unit SCB TechX, and the largest financial institution in Taiwan have on Tuesday announced the…
KKR leads $190M Series C round in South Korean online fashion platform MUSINSA
MUSINSA, an online fashion platform in South Korea, has raised $190 million in Series C fundraise led by KKR, a global investment firm. The round also saw participation from…
AIOX Apex Angel Fund invests in Singaporean global design studio XM HoldCo
Singapore-based global design studio XM HoldCo Pte Ltd and its subsidiaries (collectively the XM Group) has announced that it has completed its latest round of fundraising, led by…
McDonald’s Hong Kong launches McNuggets® Land experience in The Sandbox
The Sandbox, a decentralized gaming virtual world and subsidiary of Animoca Brands, has been selected as the platform to build the first Web3 experience for McDonald’s Hong Kong.……
Malaysia’s WORQ partners DE Rantau to bring high-value jobs to Malaysia worth over $79M
WORQ, a Malaysia-based coworking and flex space provider, has announced its collaboration with Malaysia Digital Economy Corporation (MDEC)'s DE Rantau to launch the WORQ with DE…
