Author: Yimie Yong

Axiata’s FinTech arm Boost Holdings said to be weighing funding round – report

Boost Holdings is said to be working with a financial adviser on the potential fundraising, which may give the start-up a valuation of $700 million.

Nearly One in Five Cars Sold This Year Will Be Electric — International Energy Agency

Electric car sales are generally low outside the major markets, but 2022 was a growth year in India, Thailand and Indonesia. Collectively, sales of electric cars in these countries more than tripled compared to 2021, reaching 80,000.

Cainiao Ranks Top 10 in Hurun Report’s Global Unicorn Index 2023

Cainiao emerged as the 10 th best performing unicorn in the world with an estimated valuation of $27 billion, an $8 billion increase from the company’s pre-pandemic valuation.

Breakeven is near for Malaysian unicorn Carsome, says CEO Eric Cheng

“We've been seeing consistent growth coming not just from the volume of the transactions but at the same time, the margin potential has also been increasing with the help of retail business and ancillary services,” its Co-Founder and Chief Executive Officer Eric Cheng said .

Indonesia’s eFishery sets to be a unicorn as firm “in advanced talks” to raise $100M – report

If the deal goes through, the start-up is set to join Indonesia’s growing list of tech unicorns.

Malaysia plans to set up second 5G network from next year — report

Malaysia plans to introduce a second 5G network from next year, Reuters reported on Monday, quoting four sources.

Lotus Cars aims to re-establish brand in Malaysia – report

All-new fully electric Lotus Eletre was aunched on Thursday (Apr 13) in the Malaysian market and for the first time in Asia.

Axiata’s Boost to leverage ecosystem as it prepares to launch its digital bank. Here’s how and why. [Q&A]

TechNode Global talked to Boost Chief Executive Officer Sheyantha Abeykoon to learn about the company’s plan and strategy as it prepares to launch one of the digital banks in the country.

2023 VinFuture InnovaTalk series: applying new technologies to increase agriculture production while reducing post-harvest losses

The VinFuture Foundation's launch of the 2023 InnovaTalk series on agriculture has highlighted the potential for new technologies to revolutionize the industry.

Singapore’s agritech firm Archisen eyes expansion to cities in APAC & Middle East while expanding capacity at home market [Q&A]

In just a short span of six years, Archisen’s 7,000 sq ft farm has grown to account for the production of about 1 percent of leafy vegetables grown locally by producing up to 100 tonnes of vegetables a year.