News
GCash partners PayPal to launch stablecoin in the Philippines
GCash, a finance super app based in the Philippines, has partnered global payment firm PayPal to launch stablecoin in the Philippines. PayPal’s stablecoin PayPal USD (PYUSD) is now available in the Philippine market through GCash.
Alibaba Cloud launches Digital Accelerator Program to boost AI adoption and advance Malaysia’s digital transformation
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has on Thursday announced a series of new initiatives to boost artificial intelligence (AI) adoption and advance Malaysia's digital transformation.
Indonesia’s J&T Express launches parcel delivery service in Saudi Arabia
J&T Global Express Limited (J&T Express), an Indonesia-based integrated logistics service provider, has announced the official launch of J&T SPEED in Saudi Arabia.
NWay, Animoca Brands, and Mocaverse launch new PvP action game for Moca ID holders
Game development studio nWay, a subsidiary of Animoca Brands, have on Thursday announced the beta launch of Cosmic Bomber, its latest casual multiplayer action game and the newest addition to Mocaverse's social gamification hub Cosmic Club.
Enterprises accelerate IT advancements to harness generative AI’s power, F5 study finds
Enterprises are accelerate information technology (IT) advancements to harness generative artificial intelligence ( GenAI)’s power, a study said Thursday.
Pichi Finance raises $2.5M in seed funding led by UOB Venture Management, Signum Capital and Mantle Network
Pichi Finance, a trustless points trading protocol offering price discovery to tokens pre and post-TGE, has announced the completion of a $2.5 million seed funding round, led by UOB Venture Management, Signum Capital and Mantle Network.
Malaysia’s KWAP allocates $109M to boost venture capital ecosystem last year
Malaysia’s retirement fund Inc’s (Kumpulan Wang Persaraan (Diperbadankan [KWAP]) has allocated MYR 500 million ($108.84 million) in 2023 to boost the country's venture capital ecosystem.
Mober partners IKEA Philippines to launch sustainable delivery services in Cebu
Mober, a green logistics services provider in the Philippines, has officially launched sustainable delivery services in Cebu to support the regional expansion of Swedish home furnishing retail giant IKEA Philippines.
Singapore’s Beep raises $3.3M Pre-Series A funding and expands to Thailand, Malaysia
Beep, a Singaporean internet of things (IoT) transaction platform startup, has announced the close of its $3.3 million Pre-Series A investment.
Indonesia’s Bukalapak revenue up 6 percent quarter on quarter to $76.45M in second quarter
Indonesian e-commerce company Bukalapak said Wednesday that its revenue for the second quarter grew 6 percent quarter-over-quarter to Rp 1,244 billion ($76.45 million), underpinned by marketplace performance.
