Author: Yimie Yong

The new funding brings the company’s valuation to close to $1 billion.

In the interview, Nguyen also shared his views on competition, Loship’s competitive advantages, the firm's planned timeline to profitability, and the latest progress of its US listing plan.

The Malaysia’s first tech unicorn is working with an adviser for the planned fundraising and aims to complete it as soon as in the coming weeks, Bloomberg reported.

Teleport is valued at $300 million in a deal announced in August where the firm acquired Malaysia food delivery platform Delivereat at $9.8 million.

The startups cover eight verticals: fashion e-commerce, agritech, FinTech, e-commerce, HealthTech, InsurTech, and EdTech, industries that are poised to grow significantly and capitalize on digitization trends across Southeast and South Asia.

To support the development of the local EV industry, the government proposes to provide import duty, excise duty and sales tax exemptions on EVs.

Foodpanda Malaysia’s statement came after local media reported that several vendors on the platform have called for protests against ‘hidden’ or promotion charges which caused them to incur losses.

AirAsia's move to partner with more airlines and sell more flights on its super app comes as Malaysia and other countries in Southeast Asia are beginning to reopen their economies and tourism sector to welcome back tourists.

In the interview, Hudhaifa shared the opportunities the consortium sees in building a digital bank in Malaysia and what are the competitive advantages it has against other contenders vying for the digital banking licenses. He also shared his views on the profitability path for digital banks, citing examples from other countries.

The firm is also expected to rake in revenue of more than $6 million this year as demand for its astrology, tarot card reading services gained popularity.