Transportation

Eric Cheng, CEO of Carsome Group

Malaysia’s Carsome raises $200M in financing round, valuation hits $1.3B

The Series D2 round saw participation from one of the largest sovereign wealth funds in the region and a pool of new international investors such as Catcha Group and MediaTek as well as strong participation from existing shareholders including Asia Partners, Gobi Partners, 500 Southeast Asia, Ondine Capital, MUFG Innovation Partners, Daiwa PI Partners, and…

Vietnam’s Loship raises $12M in pre-Series C funding led by BAce Capital, Sun Hung Kai & Co

Loship marks a Vietnam foray for both of the lead investors BAce Capital and SHK & Co, as part of their strategies to capture the emerging market opportunities in Southeast Asia.

AirAsia considers listing digital business in US via SPAC to raise $300M

CEO Tony Fernandes said a few technology-focused SPACs have approached the airline group, and AirAsia has engaged auditors for a deal to list the unit.

AirAsia to acquire Gojek’s Thai operations for $50M via share swap deal

The purchase considerations for the proposed acquisitions will be wholly satisfied by the issue of new shares in the AirAsia SuperApp. Gojek will own 4.76 percent in AirAsia SuperApp after the proposed acquisition.

IMC Ventures partners with PIER71 to invest in maritime and supply chain ecosystem in Singapore

IMC Ventures, a newly-launched Singapore-based venture capital firm focused on investments in the maritime and supply chain industries, has announced that it has joined PIER71 as a venture capital partner with an objective to invest and nurture the maritime and supply chain ecosystem in Singapore.

ORIGIN: Internet solutions are helping reimagine how industries deal with the challenges of the pandemic

Much has been written about how the pandemic has changed industries for the worse. A better perspective, however, would be how it is prompting industries to evolve and innovate to deal with the new normal of things.

Why insurance for delivery riders is a win-win

Microinsurance can grow to become a foundation for those gig workers to obtain financial protection against material and health risks such as failed delivery, damaged products during delivery, injuries, accidents, and illness, etc.

Trabble is enhancing guest engagement by consolidating the fragmented travel industry [ORIGIN Innovation Awards Q&A]

Our vision is to consolidate the fragmented travel industry, by providing a Guest Engagement solution that is flexible, transferrable, and revolutionary to travel businesses globally. We help businesses leverage technology to upskill staff and automate operations and level the competitive landscape for smaller industry players especially in post-COVID…

Airport innovation in a time of COVID

While COVID-19 has affected the travel and airport industry tremendously, it has been proven to accelerate some innovations in many sub-sectors, changing the priorities of airports globally.