Yimie Yong

Vietnam’s VinFast’s Q2 gross loss widens on impairment charge

During the quarter, VinFast delivered 13,172 vehicles, a 44 percent increase compared to the previous quarter and a 43 percent increase year-over-year.

Indonesia’s GoTo Group partners Tencent for cloud infrastructure & digital services

As part of the five year partnership, GoTo will leverage Tencent Cloud’s technology and Platform as a Service (PaaS) services to support its comprehensive ecosystem.

Ant-backed TNG Digital eyes Malaysian IPO in next 2-3 years – report

TNG Digital could potentially fetch the valuation of a unicorn (with a valuation of $1 bilion or more) before the potential IPO, the sources added.

MEXC Ventures, Foresight Ventures & Mirana Ventures establish fund for Aptos Ecosystem expansion

This fund will target promising projects built on the Aptos platform by providing resources for the development of critical Web3 use cases that utilize Aptos' infrastructure, innovations such as Block-STM, and seamless interoperability with key EVM ecosystems.

J&T Express sees strong growth in 9.9 mega sales, continues to ramp up investments & network enhancements across SE Asia

To meet growing demand and peak season volumes, J&T Express said it has continued to ramp up its local investments and network enhancements across Southeast Asia.

Indonesia’s GoTo appoints former Alibaba executive William Xiong as Group CTO

Xiong, a French citizen, brings more than 25 years of experience in software and product development, with a strong background in e-wallets, insurance core systems, business intelligence, data platforms, and ESG platforms.

Malaysia’s Boost Bank launches SME financing solutions

Boost Bank, Malaysia-based homegrown digital bank, announced on Thursday the upcoming launch of its SME Financing services in early October.

Malaysia & Cambodia launch cross-border QR payments connectivity

Under this linkage, consumers and merchants in both countries will be able to make and receive instant cross-border QR payments.

Fintech firms Lightnet & WeLab partner to build Thailand’s virtual bank

Lighthub Asset, a Thai fintech company, and WeLab, a pan-Asian fintech platform, announced on Thursday that they have submitted an application for a Virtual Banking licence with the Bank of Thailand.

Singapore’s dtcpay & Visa announce partnership to advance the future of digital payments

The dtcpay and Visa partnership seeks to bridge the gap between traditional payments and digital currencies, enabling merchants to accept payments from this growing segment of UHNW customers, the company said.