Yimie Yong
Sequoia Capital partner Michael Moritz to exit firm after almost four decades – report
Moritz will now focus on Sequoia Heritage.
July 21, 2023
News,Telecommunications,Malaysia
Malaysia grants licence to Elon Musk’s Starlink to bring Internet services to rural areas
Currently, 97 percent of populated areas in Malaysia have Internet access. However, the remaining 3 percent face challenges due to geographical locations, such as remote rural areas or isolated islands, making network infrastructure development difficult.
July 21, 2023
Alibaba injects $845M into Southeast Asia unit Lazada- report
Founded in 2012, Lazada Group is one of the leading eCommerce platforms in Southeast Asia. It is available in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam.
July 20, 2023
News,Malaysia,Electric Vehicles & Mobility
Tesla starts accepting orders in Malaysia
As part of Malaysia's commitment to promoting the adoption of low-carbon mobility and supporting the development of the electric vehicle (EV) industry, customers can enjoy full import and excise duties exemption for newly registered zero-emission Tesla electric vehicles.
July 18, 2023
News,SEA,Malaysia,Singapore,FinTech,Thailand
Malaysia’s CapBay achieves profitability last year, celebrates $220M milestone in P2P financing
CapBay said it has achieved a significant milestone by providing over MYR1 billion ($220.91 million) in funding to more than 400 underserved small and medium enterprises (SMEs) in Malaysia. This is the result of successful financing through 7,600 investment notes, underscoring CapBay's commitment to empowering SMEs and offering attractive investment…
July 15, 2023
News,Telecommunications,Malaysia,Electric Vehicles & Mobility
Malaysia PM Anwar Ibrahim discusses Starlink satellite service with Elon Musk
"We also discussed the participation of SpaceX in the Starlink satellite service, which can contribute to faster and broader internet access, especially in remote areas that require minimal physical infrastructure and land to improve global internet connectivity," Anwar said.
July 14, 2023
Elon Musk announces new AI company, xAI
"The goal of xAI is to understand the true nature of the universe. You can meet the team and ask us questions during a Twitter Spaces chat on Friday, July 14," the company said.
July 13, 2023
News,SEA,Venture Capital,Singapore
Temasek’s VC arm Vertex raises $900M in first round of new fund, plans to close in “coming months”, says CEO
Vertex Master Fund III was set up by Vertex Holdings to provide Japanese investors diversified exposure to key innovation hubs globally by investing into its Vertex family of funds
July 13, 2023
Grab prices upsized $1.5B convertible notes offering
June 11, 2025
Grab prices upsized $1.5B convertible notes offering
June 11, 2025