Yimie Yong

Singapore, Thailand authorities move to block crypto betting site Polymarket – report

Users on social media reported losing access to the site over the weekend.

Indonesia’s AC Ventures to target growth equity in 2025 as new investment area [Q&A]

We talked to Helen Wong, Managing Partner at AC Ventures, to learn more about the Indonesia-headquartered venture capital firm’s achievements in 2024 and its plans and priorities in 2025. She also shared insights on the outlook for the tech ecosystem and Southeast Asia in the new year.

Thailand may allow first bitcoin ETF in bid to boost sector – report

The Securities and Exchange Commission (SEC) is considering allowing individuals and institutions to invest in local bitcoin ETFs, Secretary-General Pornanong Budsaratragoon said.

Indonesia plans minimum age for social media use – report

In November last year, Australia has approved a social media ban for children aged under 16, setting a benchmark for jurisdictions around the world with one of the toughest regulations targeting Big Tech.

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.