Author: Yimie Yong
Malaysia’s unicorn Carsome cutting “hundreds of jobs” to reach profit – report
Carsome “makes adjustments to its workforce where necessary,” the company said in an emailed response to Bloomberg's questions, declining to comment on specific numbers. “We remain committed to investing in all of our current markets and plan to accelerate profitable growth in 2024.”
Ant Group Digital Technologies says its international business operation increases 300% in the past year
Ant Group Digital Technologies announced that its revenue from its international business operation has increased by 300 percent in the past year, with key markets including Malaysia, Indonesia, the Philippines and other emerging economies.
[COMEUP 2023] La French Tech Seoul wraps up its Tech4Good Tour 2023 in Korea with annual Tech4Good Summit & Startup Pitch Contest Awards
The 2023 edition of Tech4Good focused on the themes of Deep Tech and Green Tech.
COMEUP 2023 opens in Seoul, aims to become a truly global event
COMEUP 2023 will be held at Dongdaemun Design Plaza in Seoul, South Korea from Nov 8 to 10, and will also be available online, through a livestream.
Thailand’s SCG’s IoT unit, powered by Tuya Smart, eyes China market
The Tuya Innovation Roundtable (Asia Pacific) on Oct 18 in Bangkok also includes presentations by all three companies, a panel discussion and interview sessions. Media representatives were also given the opportunity to experience “mind” smart home solutions and some other IoT products and services developed by SCG.
Singapore’s SPH Media to acquire tech media firm Tech in Asia
Financial terms of the transaction will not be disclosed.
Softbank-backed WeWork plans to file for bankruptcy – report
Shares of WeWork plunged following the bankruptcy plan news. WeWork shares fell by more than 40 percent in after-hours in New York trading on Tuesday.
Malaysia’s Capital A prepares to raise more than $1B in debt, equity as it prepares New York SPAC listing – report
Fernandes has agreed a deal with Aetherium Acquisition, a special purpose acquisition company trading on NASDAQ, and plans to list several businesses through it next year, the FT reported.
CIS 2023: accelerating growth while saving the world at Asia’s largest experiential technology & innovation conference
The theme of CIS 2023, "Accelerating Growth While Saving the World," highlights the importance of sustainable development for businesses, countries, and the region. It goes beyond simply applying technology and innovation to achieve exponential business growth, and instead focuses on developing businesses while concurrently fostering sustainability.
Tuya Smart teams up with T3 Technology & SCG to elevate Thailand’s smart living ecosystem as part of driving digital economy and creative economy
The Tuya Innovation Roundatable (Asia Pacific) on Wednesday also came after Tuya Smart, which has primary listings in both New York and Hong Kong, announced a partnership agreement with SCG in August. Media representatives were also given the opportunities to experience "mind" smart home solution and some other IoT products and services developed by SCG.
