Beyond electrification: How VinFast invests into the future

The EV trend is not only about electrifying a world driven by fossil fuels but also creating a new style, especially among the young generations. VinFast understands this, as…

a toy robot is sitting on a table next to a traffic light

7 Proven ways to boost business growth using AI capabilities

As businesses strive for growth and resilience in a dynamic market, harnessing the power of AI in your business growth seems to be a smart move. From automating tasks to enhancing…

Grab, GrabFood

Grab Malaysia claims it sees delivery-partners benefitting from new earning structure during peak-demand periods amid riders’ protest

Their main demand is for Grab to reinstate the previous base fare of MYR5 ($1.06) for deliveries within the Klang Valley, which was reduced to MYR4 ($0.85) earlier this week, the…

BYD’s Thai distributor to triple EV dealerships, expand commercial offerings – report

BYD has been outperforming other automakers in Southeast Asia's EV market, bolstered by partnerships with local distributors .

AWS plans to invest $15.25B into its Japanese cloud infrastructure by 2027

Amazon Web Services (AWS) has on Friday announced its plans to invest 2.26 trillion yen ($15.25 billion) into its existing cloud infrastructure in Tokyo and Osaka by 2027 to meet…

BYD Singapore partners Charge+ to offer discounted electric charging rates

Electric vehicle manufacturer BYD Singapore, and electric charging infrastructure provider Charge+, have forged a strategic partnership which is set to bring exclusive benefits to…

VinFast’s 4Q EVs delivery rises 35 percent quarter on quarter to 13,513 units

Vietnamese automaker VinFast Auto Ltd. (VinFast) announced Thursday that it has delivered 13,513 units of electric vehicles (EVs) in the fourth quarter of 2023, up 35 percent…

India’s FinAGG Technologies secures $11M in Series A funding led by Blue Orchard, Tata Capital

FinAGG Technologies, an India-based fintech firm, has successfully raised $11 million in its Series A funding round. This financing was co-led by global impact investment manager…

Singapore’s The Parentinc acquires mum, baby, and kids’ products premium retailer Motherswork

Singapore-based parent community platform The Parentinc has entered the offline retail market by acquiring Motherswork, a premium retailer of mum, baby, and kids' products in…

India’s Alt Mobility raises $6M in funding co-led by Shell Ventures, Eurazeo, EV2 and Twynam

Alt Mobility, an India-based technology-enabled electric vehicle (EV) leasing and lifecycle management platform, has announced that it has raised $6 million in funding. The…

Dubai’s Tumodo raises $35M in pre-seed funding to boost business travel in MENA region

Tumodo, a Dubai-based business travel platform, announced Thursday it has successfully raised $35 million in a pre-seed round co-led by the Middle East and North Africa…

Grab, GrabFood

Grab Malaysia defends revamped delivery fee framework amid riders’ protest call

Grab Malaysia said that to strike a balance between all its stakeholders, the company constantly seek to review its policies to provide a fairer, more stable earnings to those who…

Mantle EcoFund completes $10M in investments with fresh funding for DeFi projects Merchant Moe, INIT Capital, Butter, Renzo, MUFEX and TsunamiX

Mantle EcoFund, promulgated through a Mantle Governance vote, MIP-24, in July 2023 as one of the largest ecosystem funds of its kind with a catalyzed capital pool of $200 million…

Warren Buffet-backed China’s EV giant BYD debuts in Indonesia – report

BYD is also accelerating its overseas footprint by setting up production facilities in Brazil and Thailand (with an annual production capacity of 150,000 units each) and expanding…