News
Maybank sees Bukalapak a potential candidate for TEMU
Maybank Investment Bank sees Indonesian e-commerce firm Bukalapak as a potential candidate for TEMU, an online marketplace operated by the Chinese e-commerce company PDD Holdings, due to its leaner business model.
ByteDance’s TikTok lays off hundreds of employees in Malaysia – report
A source close to the Malaysian branch of the company told The Malaysian Reserve (TMR) that more than 500 employees were terminated.
Alternative Airlines partners Triple-A to expand cryptocurrency options
Alternative Airlines, an online travel agency based in the United Kingdom,, has on Thursday announced its partnership with Triple-A, a licensed digital currency provider based in Singapore, to expand cryptocurrency options.
UiPath partners Indosat to drive Indonesia’s digital transformation
UiPath, an enterprise automation and artificial intelligence (AI) company based in the United States, has announced a partnership with Indosat Ooredoo Hutchison (Indosat) to empower 100,000 digital talents in Indonesia with enterprise automation skills by 2027.
Maybank sees virtual banking, cyber-security spending as two growth drivers for Thailand tech services
Maybank Investment Bank sees virtual banking investment and expected increases in cyber-security spending as two key drivers for Thailand tech services sectors in the next two years.
Singapore’s Farquhar VC & South Korea’s Twin Ventures join hands to strengthen cross-border startup ecosystem relations
Several MOUs and partnerships between South Korea and Singapore are inked at the Global Investment Capacity Building Program Demo Day.
Alipay+ transactions triple in 2024 as travel industry embraces cross-border digital payment & marketing technology
In the first nine months of 2024, the number of people using Alipay+ payment partner apps while abroad increased by three times, and the number of transactions increased by more than three times.
Indonesia government bans Chinese e-commerce app TEMU – report
The decision to block TEMU was driven by the increasingly massive threats posed by foreign products on domestic MSMEs online and offline.
Hong Kong’s FundPark crosses $3B in capital for underserved digital entrepreneurs
FundPark, a Hong Kong-based fintech firm, has announced it has surpassed $3 billion in total capital deployed to support underserved entrepreneurs and digital businesses.
21.co and Crypto.com ink strategic partnership for Bitcoin
United States-based 21.co, the parent company of 21Shares, and Singapore-based cryptocurrency exchange firm Crypto.com, have on Monday announced that they have entered into a strategic partnership.
