TechNode Global Staff

Grab’s revenue grows 17 percent year-on-year in second quarter

Singapore-based superapp Grab announced Thursday that its revenue grew 17 percent year-over-year to $664 million in the second quarter of 2024, driven by revenue growth across all segments.

Singapore’s Amilo acquires Thailand’s Sivadon Logistics to accelerate growth

Amilo, a Singapore-based logistics firm, has on Thursday announced its acquisition of Sivadon Logistics in Thailand to accelerate growth.

Singapore’s DCS Innov acquires wallet-as-a-service platform HolyWally

Singapore-based DCS Innov, a subsidiary of DCS Fintech Holdings, has on Thursday announced the acquisition of HolyWally, wallet-as-a-service (WaaS) platform. This strategic move marks a significant milestone in DCS Innov’s global expansion plans, particularly into the United States and European markets,.

Japan’s Luup forms capital and business alliance with Seibu and Tokyu

Japanese e-scooter operator Luup has on Thursday announced that it has entered into a capital and business alliance agreement with Blue Incubation, a consolidated subsidiary of Seibu Group, and conglomerate Tokyu.

Maxis partners Singtel to accelerate enterprise digital transformation with Malaysia’s first 5G orchestration platform

Malaysian telecommunications firm Maxis has partnered with Singapore Telecommunications (Singtel) to introduce Malaysia's first all-in-one platform for 5G network, edge computing, cloud and services orchestration, built on Singtel’s Paragon for telco networks.

Prudential partners Google Cloud to build innovative insurance products with AI

Global insurance firm Prudential plc and cloud computing services provider Google Cloud have on Thursday announced an expanded strategic partnership to build innovative artificial intelligence (AI)-powered products and applications that will help enhance customer, agent and employee experiences.

ECloudvalley appoints Sandy Woo as Malaysia Country Director to accelerate business growth

ECloudvalley Digital Technology, a Taiwan-based cloud solutions provider, has on Thursday announced the appointment of Sandy Woo as Country Director for its Malaysia operations.

Global payments platform Adyen expands payment processing to India

Adyen, the global fintech firm, announced Thursday its expansion in India. This is following the grant of authorization from the Reserve Bank of India to operate as an online payment aggregator in India for domestic and cross-border payments.

Xero Research: Digital payment trends exploding in Singapore with Gen Z leading shift

New research by global small business platform Xero revealed Thursday that Singapore’s younger generations of consumers are leading the shift to digital payments while more than half of small businesses in the country do not currently provide cash payment options.

Crypto.com and UEFA announce UEFA Champions League Partnership

Singapore-based cryptocurrency exchange company Crypto.com and the Union of European Football Associations (UEFA) announced Wednesday that Crypto.com will be the first and exclusive global cryptocurrency platform partner of the UEFA Champions League.