News
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.
Animoca Brands partners LayerZero Labs to position LayerZero as default interoperability solution for Animoca Brands ecosystem
Animoca Brands, the Hong Kong-based gaming firm, has partnered LayerZero Labs, the team that launched omnichain interoperability protocol LayerZero, to position LayerZero as default interoperability solution for Animoca Brands ecosystem.
GoTo launches BNPL service on Tik Tok’s ShopTokopedia
Indonesian largest digital ecosystem GoTo Group has on Monday announced that it is enhancing its partnership with TikTok by providing a “Buy Now, Pay Later” (BNPL) product, GoPay Later, on TikTok’s ShopTokopedia.
Global FinTech Institute partners ICP Hub Singapore to propel FinTech and Web3 ecosystem
The Global FinTech Institute (GFI) and ICP Hub Singapore have announced a strategic partnership aimed at advancing the FinTech and Web3 sectors.
Malaysia’s Khazanah Nasional completes acquisitions of MAVCAP and Penjana Kapital
Malaysian sovereign wealth fund Khazanah Nasional has completed the acquisitions of Malaysia Venture Capital Management Bhd (MAVCAP) and Penjana Kapital, a step forward in advancing Malaysia’s venture capital ecosystem.
Japan’s DOCOMO partners Vietnam’s DatViet for digital out-of-home business in Vietnam
Japanese mobile operator NTT DOCOMO, INC has partnered Vietnamese media conglomerate DATVIETVAC GROUP HOLDINGS (DatVietVAC) and DAT VIET OOH CORPORATION (DatVietOOH) to jointly consolidate a digital out-of-home (DOOH) business in Vietnam.
BMI : AI-grade data center to support sustainable digital economy in Malaysia
Artificial intelligence (AI)-grade data center will support sustainable digital economy in Malaysia, BMI Country Risk and Industry Research said last Friday.
