Features

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.

SC Malaysia to introduce streamlined transfer of listing to encourage more exit options

The SC, together with Bursa Malaysia is working to improve efficiency in the public markets to facilitate a start-up’s IPO, with measures such as expediting the IPO process and reducing time-to-market for companies seeking to list on its stock exchange.

ByteDance’s TikTok strikes deal with GoTo to save Indonesian TikTok Shop – report

Tik Tok is said to have agreed broadly to work with GoTo’s Tokopedia across several areas rather than compete directly with the Indonesian platform.

Singapore FinTech Festival 2023 attracts record 66,000 participants

The Festival extended its global reach this year, with participants hailing from 150 countries and regions, an increase from the 115 countries represented in 2022, and attracted a line-up of over 970 speakers.

Startup Week Malaysia to be held from Dec 1 – 9

Startup Week Malaysia is a weeklong celebration dedicated to educating, inspiring, and connecting entrepreneurs across the nation. Inaugurated in 2023, the series is powered by a coalition of organizations that are at the forefront of nurturing startups and fortifying the entrepreneurial ecosystem in Malaysia.

How open-source fosters trust and innovation: Q&A with Ant Group’s Wang Xu

This TNGlobal Q&A with Mr. Wang Xu, Vice Chairman of the Open-Source Technology Committee at Ant Group, aims to explore the underlying motivations for Ant Group's commitment to #OpenSource, the expected outcomes of such initiatives, the balance between open-source contribution and proprietary business interests, and the cultural shifts that come with…

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.”

Innovating for FinTech inclusion: Ant International’s plans for the next billion users

At the #SingaporeFinTechFestival 2023, we learn how innovations are rewriting the narrative of financial empowerment, enabling a future where everyone, regardless of their geographical or socio-economic background, will have access to essential financial tools and services.

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.