Chery Malaysia partners Carsome for vehicle trade-ins and training

Chery Malaysia has signed two memorandum of understanding (MoU) with Carsome and Carsome Academy. The primary focus of these partnerships is to improve vehicle trade-ins and…

AC Ventures raises $210M to back tech-enabled businesses in Indonesia and Southeast Asia

Indonesia-based venture capital firm AC Ventures has announced the final close of its fifth investment fund, ACV Capital V L.P. (ACV Fund V), totaling $210 million, including…

Hong Kong’s FundPark upsizes landmark financing deal of up to $500M from Goldman Sachs

FundPark, a Hong Kong-based fintech company, has announced the closing of a landmark asset-backed securitization facility of up to $500 million. Goldman Sachs acted as the…

Clime Capital hits first close of second Southeast Asian clean energy fund at $127M

Clime Capital, the Singapore-based fund manager focused on accelerating the low carbon transition, has on Monday announced the first close of the South East Asia Clean Energy Fund…

Darewise, Animoca Brands Japan, Honda team up to co-develop Web3 automotive gameplay

Darewise Entertainment (Darewise), a subsidiary of Animoca Brands and the company behind Life Beyond, and Animoca Brands Japan announced Monday a collaboration with Honda Motor…

Societe Generale and IFC seal new agreement to accelerate on sustainable finance

European bank Societe Generale and IFC, a member of the World Bank Group, have signed a collaboration framework agreement to accelerate on sustainable finance in developing…

Zetrix partners Web3Labs and Summer Capital to accelerate Hong Kong’s Web3 roadmap initiatives

Zetrix, a layer-1 public blockchain platform owned by MY E.G. Services Berhad (MYEG), Web3Labs Hong Kong, a Web3 development and investment powerhouse, and venture capital firm…

Razer Merchant Services enhances payment flexibility through partnership with BillEase

Philippine-based consumer finance app BillEase has announced its collaboration with Razer Merchant Services (RMS), a division of Razer Fintech. This strategic alliance aims to…

Singapore’s Linkko secures strategic funding round led by W3M Ventures

Linkko, a Singapore-based platform pioneering web3 advertising, has announced a significant milestone in its journey as it secures a strategic funding round led by Web3 Media…

VinFast powers Indonesia’s EV future with expansion plan

The Indonesian government's push for an electric vehicle ecosystem creates an ideal opportunity for VinFast, Vietnam's premier EV manufacturer, to contribute to Indonesia's goal…

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 .