News

Animoca Brands’ subsidiary GAMEE receives investment from TON Ventures

GAMEE, a Web3 and mobile gaming platform and subsidiary of Animoca Brands, has announced it has received an investment from TON Ventures, the first venture fund of The Open Network (TON).

MYEG, MIMOS, Worldcoin Foundation, Tools for Humanity team up to boost Malaysia’s blockchain infrastructure, digital ecosystem

MY E.G. Services Berhad (MYEG), MIMOS Berhad (MIMOS), the Worldcoin Foundation, and Tools For Humanity (TFH) have entered into a collaboration which combines the unique capabilities of each organization to explore the integration of Worldcoin’s advanced credential verification technology into Malaysia’s Blockchain Infrastructure (MBI).

South Korean AI chip makers Rebellions and Sapeon ink deal to merge

Rebellions Inc., a South Korean artificial intelligence (AI) chip startup and SAPEON Korea, an artificial intelligence (AI) semiconductor company established by SK Telecom, have announced that they have signed a definitive merger agreement.

Alibaba Cloud Collaborates with Shiseido China on AI-driven DRUNKGPT

Alibaba Cloud said Monday its proprietary large language model Qwen has been deployed to the applicationof Shiseido’s Drunk Elephant’s new DRUNKGPT technology for enhanced customer interaction in China, responding to customer inquiries from product recommendations to skincare tips with more nuanced and personalized responses.

Singtel teams up with Bridge Alliance to offer GPU-as-a-Service in Southeast Asia

Singtel, a Singapore-based communications technology group in Asia, and Bridge Alliance, a mobile alliance of 35 member operators worldwide, have on Monday announced a strategic partnership that will bring Singtel’s GPU-as-a-Service (GPUaaS) offerings to enterprises across the region.

Indonesia’s Komerce acquires logistics firm RajaOngkir

Komerce, a technology company providing end-to-end solutions for e-commerce businesses in Indonesia, has announced the acquisition of RajaOngkir, a leading platform for real-time shipping cost calculation and application programming interfaces (API) integration.

Cradle partners VentureTECH to bridge funding gaps in Malaysia startup ecosystem

Cradle Fund, the focal point agency for Malaysia’s startup ecosystem, and VentureTECH, an impact investment company established by the government of Malaysia, have entered into a strategic collaboration aimed at fostering structured discussions between fund providers across government and private sectors.

Malaysia’s WORQ expands co-working space total size to 32,500 square feet

WORQ, a Malaysia-based coworking and flex space provider, has announced an expansion at Menara UOA Bangsar (MUB) on Friday. This is in addition to the firm's existing 15,000 square feet, bringing its total size of the coworking space to 32,500 square feet.

Grab’s revenue grows 17 percent year-on-year in second quarter

Singapore-based superapp Grab announced Thursday that its revenue grew 17 percent year-over-year to $664 million in the second quarter of 2024, driven by revenue growth across all segments.

Singapore’s Amilo acquires Thailand’s Sivadon Logistics to accelerate growth

Amilo, a Singapore-based logistics firm, has on Thursday announced its acquisition of Sivadon Logistics in Thailand to accelerate growth.