TechNode Global Staff
News,eCommerce,Singapore,Logistics
J&T Express partners Foodpanda to provide next-day deliveries in Singapore
Indonesian logistics firm J&T Express has established strategic partnership with Singaporean food delivery platform Foodpanda to provide next-day deliveries for foodpanda shops in Singapore. With this partnership, over 20 merchants such as Unilever, Philips, ASUS, MAKE UP STORE and TC Acoustics will now have the option to offer next-day delivery…
June 16, 2022
US-Japan venture capital firm World Innovation Lab raises over $1B additional capital
United States and Japan-based venture capital firm World Innovation Lab (WiL) announced Tuesday that the firm has raised over $1 billion in additional capital. The capital will be deployed across multiple funds including WiL’s third growth fund, WiL Ventures III; WiL’s venture fund investments, WiL Strategic Partners funds; and corporate VC (CVC) funds.…
June 16, 2022
News,Venture Capital,Singapore
Singapore’s True Global Ventures closes $146M follow on fund for Web3 startup
Singapore-based venture capital firm True Global Ventures (TGV) announced Thursday its first closure of its $146 million follow on fund to invest into late stage Web3 startups. The True Global Ventures 4 Plus (TGV4 Plus) follow on fund has a group of 15 General Partners (GP), who lead the fund and its Investment Committee, putting in more than $62 million…
June 16, 2022
Grab buys and relaunches food site HungryGoWhere
Grab Singapore, a leading superapp in Southeast Asia, announced Wednesday that it has bought and relaunched Singapore’s food site HungryGoWhere and its accompanying social media channels. The revamped HungryGoWhere brand aims to address the growing interest of diners to reconnect with its local food scene in much deeper ways.
June 15, 2022
News,Investments,Singapore,Biotech / MedTech
Singapore’s AMILI raises $10.5M Series A round led by Vulcan Capital
AMILI, a Singapore-based precision gut microbiome company, said Wednesday it has raised$10.5 million in Series A funding to accelerate its business expansion in Southeast Asia and Greater Asia. The round was led by Vulcan Capital, the investment arm of the late Microsoft Corp co-founder Paul Allen that invests in category-leading technology, internet, and…
June 15, 2022
News,Investments,Indonesia,Media / Streaming
Indonesia’s Vidio secures $45M funding led by DSSA
Vidio, an Indonesia-based over-the-top (OTT) platform owned by PT Surya Citra Media Tbk and part of PT Elang Mahkota Teknologi Tbk (Emtek Group) said Tuesday it has secured an additional investment of $45 million from several strategic investors. PT Dian Swastatika Sentosa Tbk (DSSA), a business pillar of Sinarmas Group, through its subsidiary, PT DSST Mas…
June 15, 2022
News,Indonesia,FinTech,Investments
Indonesia’s Flip raises $55M in second Series B round led by Tencent
Flip, an Indonesia-based consumer payments platform, announced Tuesday a second close of a Series B funding round led by Tencent, with participation from Block, Inc. (formerly Square, Inc.) and existing investor Insight Partners.
June 15, 2022
News,Vietnam,Electric Vehicles & Mobility
Vietnam’s VinFast plans to open more than 50 stores in Europe
VinFast, the electric vehicle (EV) manufacturer of Vietnam-based Vingroup, said Monday it has announced its plan to open more than 50 VinFast Stores across Germany, France and the Netherlands. The reveal came at the European premiere of its VF 8 and VF 9 smart electric vehicles at EVS35.
June 15, 2022
Robinhood partners Google Cloud and MFEC for Thailand’s ‘Super App’
Robinhood, the Bangkok-based food delivery and all-in-one travel service platform under SCBX Group, Purple Ventures Co., Ltd., announced Monday a multi-year strategic alliance with Google Cloud and MFEC Public Company Limited (MFEC) to advance its mission of building a homegrown “super app” that delivers inclusive growth opportunities to small business…
June 14, 2022
VEON Ventures makes $15M Series A investment in Pakistan B2B marketplace Dastgyr
VEON Ltd., a global digital operator that provides mobile connectivity and services, announced Tuesday that the group's VEON Ventures division has completed a $15 million investment as part of a Series A round for Dastgyr, a Pakistan-based business to business (B2B) e-commerce marketplace platform. This investment will contribute towards boosting Pakistan's…
June 14, 2022
Hyundai Motor targets 2M EV sales by 2030
August 29, 2024
Hyundai Motor targets 2M EV sales by 2030
August 29, 2024