TechNode Global Staff
Malaysia’s UEM acquires majority shares in Sustainable energy solutions company Cenergi
Malaysian engineering-based infrastructure and services company UEM Group Berhad has secured majority shares in sustainable energy solutions company Cenergi SEA Berhad (Cenergi) from Khazanah Nasional Berhad (Khazanah).
Vietnamese EV maker VinFast debuts on NASDAQ after completing SPAC merger
Vietnamese electric vehicle (EV) automaker VinFast Auto Ltd. (VinFast) has made a strong debut on Nasdaq on Tuesday. The stock opened at $22, more than double the $10 per share agreed with VinFast's special purpose acquisition company (SPAC) partner Black Spade Acquisition (Black Spade) that had valued VinFast at $23 billion. The stock ended at $37.06 on…
Thailand’s TrueMoney facilitates staff benefits for Charoen Pokphand (C.P.) Group and Lotus’s in Malaysia
TrueMoney, a Thailand-based e-wallet services provider, has officially facilitated with Thailand's Charoen Pokphand (C.P.) Group and supermarket chain, Lotus’s, to empower staff benefits in Malaysia. Starting from May, Lotus’s staff can enjoy the convenience of facilitated offers and benefits from TrueMoney, while C.P. Group staff will receive these…
Robocash: payment transactions in SEA will reach $54 trillion in 2027
Analysts of Robocash Group have revealed that the total volume of payments in Southeast Asia (SEA) will grow 86 percent to reach $53.9 trillion by 2027. Vietnam and Indonesia will account for the largest shares in this figure.
Animoca Brands partners CyberConnect to build decentralized social layer for Mocaverse
CyberConnect, a United States-based Web3's social network, has entered into a memorandum of understanding (MoU) for a strategic partnership with Animoca Brands, the Hong Kong-based gaming and metaverse firm, to build a decentralized social layer for Mocaverse, the non-fungible token (NFT) collection of the Animoca Brands ecosystem.
Singapore’s SEA reports higher revenue and profit in the second quarter
Singapore-based tech conglomerate Sea Limited has reported higher revenue and profit in the second quarter, underpinned by improved e-commerce businesses. The group's total revenue for the second quarter rose 5.2 percent year on year to $3.1 billion. It posted a total net income of $331 million in the second quarter, as compared to total net loss of $931.2…
Indonesia’s GoTo narrows losses in second quarter, closer to profitability
PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, has reported losses in the second quarter and it is on track for profitability. The firm's adjusted losses before interest, taxes, depreciation, and amortization narrowed to 1.2 trillion rupiah ($78.25 million) in the second quarter, driven by improved monetization and ongoing…
US’s Payoneer secures major payment institution license from Singapore
Payoneer Singapore Private Limited, a subsidiary of United States-listed FinTech firm Payoneer Global Inc., has been granted a major payment institution license from the Monetary Authority of Singapore (MAS). The license will enable the firm to enhance the breadth of its products and roll out several new services in Singapore, especially in the areas of…
Atome renews $100M debt facility with HSBC Singapore for Philippine market expansion
Singapore FinTech firm Atome Financial has on Wednesday announced it has renewed and expanded its $100 million debt facility with HSBC Singapore to include the Philippines market, as well as support new consumer financing products.
Indonesian parking solutions provider Soul Parking sees revenue soar 100 times in past three years
Soul Parking, an Indonesia-based tech-enabled firm ininnovative parking solutions, has on Tuesday announced a remarkable 100 times growth in its topline revenue over the past three years. It also said the firm will soon act as a key charging infrastructure player, as the nation heads into an electric vehicle transition.
