Author: Yimie Yong

Alibaba’s Lazada cuts staff across Southeast Asia; reorganization plan to be announced soon – source

The new reorganisation plan will be announced by Jan 15, sources said.

Alibaba’s Southeast Asian arm Lazada marks new year with layoffs in Singapore – report

Junior and senior employees from multiple departments, including the commercial and marketing teams, were affected.

[Year in review] Southeast Asia’s Top 10 tech news in 2023

As we usher into 2024, with the hope for a better year, here are some of the top tech news in 2023.

Four Chinese EV makers ready to start production in Indonesia – report

The four EV producers have also expressed their readiness to follow the regulations in Indonesia, including complying with the 40 percent domestic component level rule.

Thailand’s Kasikornbank paves way for firms to tap tokens for funding – report

“We’re advising some clients to issue tokens for fundraising,” Kasikornbank’s co-president Pipit Aneaknithi said in an interview with Bloomberg on Monday.

TNGlobal’s Top 10 most-read news articles in 2023

The global wave of layoffs hitting US tech companies like Meta, Amazon, and Twitter has also come to Southeast Asia amid a slowdown in fundraising activities for tech startups. Tech companies including venture capital-backed startups in Southeast Asia have also announced layoffs and austerity measures to cope with the uncertain macroeconomic situation.

TNGlobal’s Top 10 most-read contributor’s articles in 2023

In 2023, TN Global has published contributions from leaders and experts from the tech ecosystem, covering various topics from e-commerce, FinTech, Web3, artificial intelligence, other latest trends and innovations in the tech sector.

TNGlobal’s Top 10 most-read analysis & feature articles in 2023

It’s the time of the year again as we take a look back at what happened throughout 2023 in the tech and startup scene in Southeast Asia.

GoTo struck TikTok deal to stop market share slide, CEO says – report

TikTok Shop more than doubled its market share to 11 percent this year, Walujo said on a conference call with investors on Thursday. GoTo’s share of the pie shrank to 23 percent from 28 percent over that span, he was quote as saying.

917 Ventures hopeful to see more unicorns in Philipines, FinTech among the hottest sector [Q&A]

In the interview, Glenn Estrella also shared how 917 Ventures seeks to enter into more strategic partnerships in its home country - the Philippines - and across Southeast Asia. He also shared the challenges within the startup/VC ecosystem in the country and suggestions for the ecosystem, among others.