Yimie Yong

TNGlobal Tracker: Southeast Asia (SEA) monthly funding snapshot – Aug 2025

The SEA Monthly Funding Tracker for August 2025 highlighted a steep decline in funding across the region. Total funding in August stood at $84.1 million across 22 rounds, reflecting a 76.44 percent drop from July 2025 ($357 million) and a 65.04 percent fall year-on-year compared to August 2024 ($240.6 million).

Malaysia’s Wellous, Korea Ginseng Corporation ink partnership to drive health, wellness growth in Asia

Wellous said the collaboration covers consumer insight-sharing for target markets, co-development of new business approaches, brand reputation building, as well as authorised sales and promotion of Jung Kwan Jang products by Wellous in designated countries.

Indonesia detains Gojek founder and former minister as suspect in graft case – report

Makarim was accused of misusing his authority as minister to enrich himself or a company, Nurcahyo said, in violation of Indonesia's anti-corruption laws.

FinTech giant Stripe banks on stablecoin & AI for APAC growth [interview]

Headquartered in San Francisco and Dublin, Stripe processes over $1.4 trillion of payments annually, equivalent to 1.3 percent of global GDP. Stripe users include half of the Fortune 100, 80 percent of the Forbes Cloud 100 and 78 percent of the Forbes AI 50.

Malaysia to host first ever Southeast Asia Smart City Expo

Taking place from Sept 17 to 19, SCEKL25 will carry the theme “AI Cities: Shaping Our Digital Future,” reflecting Malaysia’s bold vision to build intelligent, inclusive, and sustainable cities powered by cutting-edge technologies. The Expo, co-organised by the Malaysia Digital Economy Corporation (MDEC) and Digital Nasional Berhad (DNB) for the Ministry of…

Cradle Live! roadshow ignites Johor’s startup ecosystem ahead of Startup Asean Summit 2025

With more than 130 participants, the roadshow underscored Johor’s growing role as a southern innovation hub. Through panels, fireside chats and masterclasses, startups gained a platform to share insights, explore collaborations and tap into both national and regional opportunities.

China’s JD.com keen to expand Malaysian operations, eyeing logistics sector – report

Anwar said JD.com also intends to buy more Malaysian products to market in China. Earlier, the prime minister, who is on a four-day working visit to China, held a business meeting with the company's top management led by JD Logistics CEO and executive strategy member Hu Wei.

TikTok’s top management summoned to Malaysia’s federal police HQ over fake news concerns, Meta next – report

“TikTok was very slow in providing information to PDRM (Royal Malaysian Police), to the point that I had to call TikTok CEO Shou Zi Chew to inform him, 'this is a crime that's being committed and your organisation is very slow', Communications Minister Fahmi Fadzil said.

SVO.ai to Host World’s Largest AI Commerce Revolution Event: SVOLUTION Digital Summit 2025 in Bali

Scheduled for Sept 16 to Sept 18, 2025, the three-day summit will be held at the Bali Nusa Dua Convention Center and Atlas Beach Club, and is expected to attract over 3,000 digital entrepreneurs, solopreneurs, affiliate marketers, media buyers, and creators from around the globe.

Malaysia’s Iris Capital seeks to raise $200M for new private credit & private equity fund – report

The firm is seeking cash for a new private credit and private equity fund, managing partner Rachel Lau said in an interview with Bloomberg.