Author: Yimie Yong
Vertex Ventures Southeast Asia & India promotes Pui Yan Leung, Kanika Mayar to Partners
“Both Pui Yan and Kanika are purpose-driven investment professionals with extensive experience in investing and working with start-up founders. They have made significant contributions to VVSEAI and have constantly provided valuable insights and perspectives to our deal decisions,” said Joo Hock Chua, Managing Partner at VVSEAI, said in a statement.
Sea’s e-commerce arm Shopee lays off staff in food delivery, online payments & global teams – report
The platform will also end its early-stage pilot in Spain. This comes after Shopee exited the French market in March. The e-commerce unit also exited the India market the same month.
Malaysia unicorn Carsome announces appointment of advisory board
The advisory board is made up of "individuals of various specializations, dynamic perspectives and deep expertise who will provide insights, connect networks and share experiences in building and scaling technology companies in the region", Carsome said.
Tesla sacks Singapore country manager after Elon Musk warns of 10% job cut
"Tesla announced a 10 percent of workforce reduction. My role was chosen to be eliminated as of today," the firm's country manager in Singapore Christopher Bousigues wrote in a LinkedIn post on Sunday.
Tony Fernandes plans US listings for AirAsia airline & super app – report
Capital A, previously known as AirAsia Group, has been aggressively building its digital businesses and super app over the last two years as most of its planes were grounded due to travel restrictions to contain the COVID-19 pandemic. The group has hoped to build its super app, modeling regional tech giants such as Grab’s and Gojek’s super apps which offer…
Indonesian integrated fishery firm Aruna aims to make Indonesia center of the world’s maritime economy by 2045. Here’s how:
In the interview, Co-Founder and Chief Sustainability Officer Sus Utari Octavianty also shared details on Aruna’s plan, strategy and challenges it faced.
Malaysia’s Khazanah launches sustainability framework & targets
The Sustainability Framework introduced by Khazanah is designed to be holistic, captured under the three main pillars of ESG, and focuses on issues which most impact the organization and its portfolio from a business materiality point of view.
China’s regulator denies conducting work on Jack Ma’s Ant IPO revival; Ant says no plan to initiate IPO
The CSRC, however, also said that it "supports qualified platform companies to list within China and overseas".
Alpha JWC expects E2W vehicles to be widely adopted in Indonesia soon; open for future opportunities in EV sector
E2W is highly potential, especially in Indonesia with its large market and increasing demand for motorbikes. The trends projected that E2W will be adopted widely soon, and with our superior proposition, we can provide the best-in-class options to cater to this,” Alpha JWC Ventures Co-Founder and General Partner Chandra Tjan told TechNode Global.
