News
KPay secures $55M in Series A funding led by Apis Growth Markets Fund III & Apis Global Growth Fund III
Founded just over three years ago, KPay has achieved a remarkable 166 percent revenue CAGR during this period, operating across Hong Kong, Singapore and Japan.
Thailand Post partners with insurtech firm bolttech to launch online motor insurance
Powered by bolttech, this innovative offering provides coverage for personal cars and trucks, including compensation for death, disability, loss of limb, and medical expenses.
Top tech events in Thailand that you shouldn’t miss
These tech gatherings are diverse in focus, spotlighting cutting-edge advancements in artificial intelligence, blockchain, fintech, and more. They are structured to go beyond exhibitions, offering attendees opportunities to engage in interactive workshops, hear from world-renowned speakers, and participate in networking sessions that pave the way for…
Malaysia’s Sime Darby Property to develop additional data centers at its business park
Malaysian property developer Sime Darby Property Berhad has on Monday announced the signing of a new build-and-lease agreement with Pearl Computing Malaysia Sdn Bhd, a wholly-owned subsidiary of a multinational technology company, which will see the development of additional data center facilities.
Thailand’s Central Food Retail partners with Google Cloud to launch AI shopping assistant
Thailand supermarket chain Central Food Retail Company Limited has partnered with Google Cloud to launch an artificial intelligence (AI) shopping assistant.
Analyst stays bearish on Thai electronics market outlook amid struggling Western EV sector
Despite positive momentum from the trade war, Maybank Investment Bank sees a bearish FY25 outlook for Thai electronics due to the struggling Western electric vehicle (EV) sector and looming impact from the Global Minimum Tax.
Maybank revises up GoTo Gojek Tokopedia revenue forecasts
Maybank Investment Bank has revised up Indonesian tech platform GoTo Gojek Tokopedia FY25/26 revenue forecasts by 17 percent/ 15 percent, after the firm's first nine months revenue beat its forecast.
Malaysia-listed Hextar Industries bags Luckin Coffee’s master franchise in Malaysia
Luckin Coffee’s entry comes at a time when Malaysians are seeing a rising number of local and international coffee chain brands and outlets in the country. Both local and international coffee brands are competing for a larger market share as US brand Starbucks faces ongoing boycott amid the Israel-Gaza war.
Teleport’s revenue rises in third quarter on higher delivery parcels moved
Capital A's logistics arm Teleport has reported higher revenue in the third quarter amid higher tonnage and delivery parcels moved.
AirAsia MOVE’s third quarter revenue declines on reduced sale of AirAsia flight tickets
AirAsia MOVE, the digital arm of Malaysia-based Capital A, has reported lower revenue during the third quarter ended September 30, 2024, mainly due to reduced sale of AirAsia flight tickets.
