Yimie Yong

TNGlobal Tracker: Startup Funding Snapshot for June 2025 – Funding recovers slightly but lags behind y-o-y

The Southeast Asia (SEA) Monthly Funding Tracker for June 2025 shows a modest recovery from the previous month, with total funding of $284.7 million across 10 rounds. This reflects a 2.12 percent increase from May 2025 but marks a 37.27 percent decline compared to $453.8 million in June 2024.

Ant International’s AI Blueprint: Powering Payments and Digitalization for SMEs [Q&A]

TNGlobal recently talked to Jiangming Yang, Chief Innovation Officer of Ant International, to learn more about the company’s AI strategy, how it can help to empower small and medium enterprises (SMEs), and the markets the company is looking at.

Standard Chartered-backed Audax eyes opportunities in SE Asia & Gulf Nations’ Islamic digital finance ecosystem [Q&A]

In the interview, Indra also insights on Malaysia’s strategic position in revolutionising Islamic finance. With deep expertise in the evolving needs of today’s financial institutions, Indra was instrumental in forging audax’s strategic partnership with Maybank Islamic, driving innovation and expanding digital banking capabilities in the Islamic finance…

Ant Group’s unit to seek stablecoin permits in Hong Kong, Singapore – report

Singapore-headquartered Ant International will apply for the stablecoin issuer’s licence in Hong Kong as soon as the city’s Stablecoins Ordinance goes into effect in August, the people said, according to the report. As well as Singapore, the company is also planning to seek a permit in Luxembourg, they added.

Grabmerchant, grab retail, Grab stores

Singapore’s Grab plans big convertible bond, fuelling hopes about GoTo deal – report

Grab said it will issue convertible bonds that mature in June 2030, partly to fund potential acquisitions.

B Grimm, Digital Edge to invest $1B in Thai data center – report

B Grimm Power is also studying a plan to invest at least $1.6 billion more in additional data center projects with a total capacity of about 200MW.

NASDAQ-listed Grab denies reports of talks with Indonesia’s GoTo for a potential deal

Grab has held on-and-off talks with GoTo for years, according to earlier media reports. But a merger never materialized, partially due to antitrust concerns likely to arise from combining Southeast Asia’s two dominant ride-hailing and food-delivery groups.

BEYOND Expo GBA Innovation Tour 2025 concludes: empowering participants with deep China tech insights

The BEYOND Expo Greater Bay Area 2025 Innovation Tour provided an insightful experience into the technological advancements and innovative spirit thriving within the Greater Bay Area.

Indonesia’s wealth fund Danantara weighs role in $7B Grab-GoTo deal – report

Danantara has started preliminary discussions with GoTo to acquire a minority stake in a combined entity, according to people familiar with the matter, the report said.

TNGlobal Tracker: startup funding snapshot for April 2025

Southeast Asia’s startup funding landscape saw a remarkable rebound in April 2025. The region recorded $439 million across 9 funding rounds, marking a 334.7 percent surge from March 2025’s $101 million and a 218.1 percent increase from $138 million in April 2024.