News

Singapore’s Genie Health raises $3M seed, led by Nadathur Family Office

Genie Health, a Singapore health technology company, has raised $3 million in seed funding to expand its consumer health app and its clinic platform.

Southeast Asia digital economy can reach $368B GMV in 2026, AI usage to surge

Southeast Asia's digital economy can grow 17 percent to $368 billion in gross merchandise value (GMV) in 2026 and exceed $1 trillion by 2035, according to the 11th annual e-Conomy SEA report by Google, Temasek and Bain & Company.

PIDG exits Dat Bike as Vietnamese e-motorbike maker raises US$26 million Series B

The Private Infrastructure Development Group (PIDG) has exited its investment in Vietnam’s electric motorbike startup Dat Bike, after the company redeemed its convertible note.

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Cloudflare expands AI workspace integrations with enterprise applications

Cloudflare has added application integrations and deployment partnerships for Cloudflare OS, including Asana, Box, Canva, GitHub and Notion.

New Relic survey points to gaps in financial-sector AI monitoring

New Relic’s 2026 financial-services observability report links compliance and AI governance to increased monitoring demand.

ShopBack adds TADA ride-hailing to ShopBack Pay in Singapore

ShopBack and TADA have partnered to let eligible Singapore riders pay for trips through ShopBack Pay and receive cashback.

Sunway plans trials of autonomous buses, driverless logistics and electric aircraft in Malaysia

Sunway is exploring trials involving WeRide autonomous buses, Neolix delivery vehicles and AutoFlight electric aircraft, subject to approvals.

Vingroup-affiliated GSM VN Holding dilutes Hong Kong holder to 36% as capital reaches $2B

Smart & Green Trans Limited (SGT), a company incorporated in Hong Kong, now holds about 36.17 percent of GSM VN Holding, which is affiliated with Vietnam's ride-hailing service GSM.

Vietnam’s FPT, France’s Quandela to jointly build quantum ecosystem

Vietnam's tech giant FPT and Quandela, a French photonic quantum computing company, will jointly develop quantum technology cooperation and support Vietnam's quantum ecosystem.

ABB pays $495M for 51% of APAC low-voltage JV with Mitsubishi Electric

ABB will pay JPY79 billion ($495 million) for a controlling 51 percent stake in a new Asia-Pacific low-voltage joint venture with Mitsubishi Electric’s power distribution business.