Yimie Yong

Grab-backed Superbank mulling Jakarta IPO this year to raise up to $300M — report

The Indonesia-based company may seek a valuation of $1.5 billion to $2 billion in a potential listing.

Indonesia’s MAKA Motors debuts first locally designed electric motorcycle, MAKA Cavalry

With this launch, MAKA Motors aims to redefine the riding experience for Indonesian consumers while advancing the electric vehicle ecosystem within the region.

NVIDIA-backed MetAI secures $4M seed funding to redefine physical AI training through digital twins

Investors include Addin Ventures, Kenmec Mechanical Engineering, NVIDIA, Solomon Technology, SparkLabs Taiwan, and Upstream Ventures.

E-commerce platform Shopee partners Malaysia’s Takaful IKHLAS to offer Shariah-compliant motor insurance

The latest addition to Shopee’s growing suite of digital insurance and takaful offerings, IKHLAS Private Car Comprehensive Plus Takaful, aims to provide holistic, Shariah compliant motor takaful protection to users.

SEEK announces leadership appointments to drive further growth of Jobstreet in Singapore, Malaysia

SEEK, the parent company of Asia’s online employment marketplaces Jobstreet and Jobsdb, has announced senior leadership changes to support its growth agenda in the region.

From local to global: Venture Spark said it’s Thailand’s Next Big Accelerator

With the backing of prominent partners like InnoSpace Thailand, Venture Spark said it empowers founders to scale their ideas regionally and globally.

Malaysia’s WORQ aims to grow total co-working space to 450,000 sq ft by 2025

WORQ is an award-winning productivity community and flexible workspace provider founded in 2017, in Kuala Lumpur. WORQ’s investors include Cradle Fund, an agency under the Malaysian Ministry of Finance; Philip Capital, an integrated Asian financial house with a global presence; SMG, an investment holding company co-founded by the founding partner of Jungle…

EV battery maker CATL poised to pick banks for $5B Hong Kong share sale – report

CATL, based in southeast China’s Fujian province and a major supplier to Tesla Inc, trades on the Shenzhen Stock Exchange.

KAF-Carsome consortium’s KAF Digital Bank receives license approval to commence operations

The operating entity, which is now formally known as KAF Digital Bank, seeks to deliver a robust and resilient banking infrastructure that underpins the trust and expectations from Malaysians.

Largest Philippine fintech company GCash said to pick banks for IPO – report

GCash has selected JPMorgan Chase & Co, Morgan Stanley and UBS Group AG to work on the potential share sale, the people reportedly said. Other banks that may also help to arrange a deal.