Yimie Yong
Vietnam’s EV maker VinFast officially launches mini SUV VF3 in the Philippines
The launch of the VF 3 marks another significant milestone in VinFast’s journey in the Philippines, reaffirming its commitment to providing premium quality products at inclusive prices with outstanding after-sales policies, the company said.
Indonesia’s CarbonEthics bags $2.1M seed round seed round led by Intudo Ventures
With this round of financing, CarbonEthics will enhance its portfolio by securing additional carbon projects and recruiting top-tier technical experts to better serve the needs of its clients.
Growth of Thailand’s EV industry to power commercial real estate: JLL
Ambitious goals, supportive subsidies and foreign investment will create a minimum $6.5 billion addressable market for EV real estate in Thailand by 2030.
Number of crypto owners in Singapore drops slightly, crypto platform Gemini’s report finds
Gemini's 2024 Global State of Crypto found that the vast majority of crypto owners are HODLers, with crypto ownership remaining steady across the US, UK, France, and Singapore.
Software unicorn OutSystems sees “immense potential” in SE Asia as it taps opportunities for AI-powered low-code technology [Q&A]
OutSystems was last publicly valued at $9.5 billion after raising a $150 million Series E in February 2021, but Forbes reported that the valuation halved to $4.3 billion after its last fundraising round in October 2022.
EPL’s Tottenham Hotspur announces Ant International as global payment solutions & digital wallet partner
The partnership sees Ant International, together with its business brands Alipay+, Antom and WorldFirst, become the exclusive Official Global Payment Solutions and Digital Wallet Partner of Tottenham Hotspur, and Alipay+ the first Official Training Wear Sleeve Partner for both the men’s and women’s teams.
Hong Kong’s OneDegree & Dubai Insurance Company begins issuing digital asset custodial risk insurance in UAE
OneDegree and Dubai Insurance announced their partnership last year and have supported many digital asset companies with their insurance needs.
Singapore’s NVPC & Ant International conclude inaugural partnership to enhance charities & digital fundraising capabilities
The initiative leveraged Ant International’s expertise in digital financial services to equip non- profit organizations with capabilities to navigate the digital giving landscape, using giving.sg as the medium.
Carsome’s 2Q revenue hits “above $310M”, announces $46.2M new financing partnerships
In the second quarter of 2024 (2Q2024), Carsome said it maintained its leadership position with about 35,000 vehicles traded and grew revenue by 9 percent quarter-on-quarter (q-o-q) to above $310 million.
Finture’s YUP secures $30M in Series B funding, aims for US IPO in 3-5 years
YUP aims to serve 50 million users over the next 8 to 10 years, positioning itself as Southeast Asia's leading digital banking service platform with plans for a US IPO in the next 3 to 5 years.
