Singapore’s used car platform Carro buys 50% stake in Indonesian rental firm MPMRent – report

MPMRent is one of Indonesia's leading car rental firms with a fleet of more than 13,000 cars and provides financing services.

Tencent Cloud collaborates with Megazone Cloud, KMGA and Yeonsung University to empower cloud-based mobile game development talent in Korea

In line with its commitment to talent development in the gaming industry, Tencent Cloud – the cloud business of global technology company Tencent, announced on Monday its signing…

How the metaverse will drive convergence between online and offline worlds, an interview with VIZZIO’s Jon Li [Q&A]

The Internet today is essentially a digital overlay of the world, which is driven largely by 2D information, texts, voices, images, and videos. But that’s about to change. We now…

Singapore’s Temasek allocates $3.64B for decarbonization investment platform

Singapore state investor Temasek said Monday it has commited an initial amount of S$5 billion ($3.64 billion) to establish GenZero, an investment platform company that aims to…

Vietnam’s Society Pass acquires Singapore blockchain/Web3 mobile virtual network operator Gorilla Networks

Society Pass Incorporated (SoPa), Vietnam-based data driven loyalty and ecommerce ecosystem, announced Monday that it has acquired Singapore-based Gorilla Networks Pte Ltd…

Malaysian conglomerate Sunway to launch largest indoor vertical farm in KL city center

The farm is expected to produce at least 13,000 kilograms of "fresh, healthy, and pesticide-free" vegetables per month.

Indonesia’s GoTo expands its sustainability commitments

PT GoTo Gojek Tokopedia Tbk (GoTo Group), the largest digital ecosystem in Indonesia, announced Friday that it has expanded its ‘Three Zeros’ commitments (Zero Emissions, Zero…

ESG investing means funding more female entrepreneurs

Improving women’s access to finance could boost global economic output by up to $28 trillion by 2025, according to the International Finance Corporation (IFC).

PDS Group launches first fully-digital DLT-based digital bond

The Philippine Dealing System Holdings Corp. (‘PDS Group’) announced on Thursday the launch of a fully digitally native bond, issued on a distributed ledger technology (‘DLT’)…

Slash launches the first of its kind venture builder map with over 400 VBs globally

With venture building on a consistent rise, Slash, a boutique venture and tech studio, is coming forward with a new social project - Venture Builder Map. This is the first attempt…

Feeling ‘super bad’ about economy, Elon Musk wants to cut 10% of Tesla jobs, pauses hiring – report

The message also came two days after the world's richest man told employees to return to the workplace or leave the company.

Indonesia’s Traveloka nears $200M funding after SPAC talks – report

Traveloka had been valued at $3 billion, according to CB Insights, but Bloomberg reported in 2020 that it was seeking funds at a lower valuation.

Taking traditional gaming to the Metaverse, an interview with Red Door Digital’s Joseph Derflinger [Q&A]

Founded in 2021, Red Door Digital aims to take the ultra traditional gaming experience to the metaverse. The company is a global-to-local Web 3.0-ready game studio and publisher…