News
Mocaverse launches custom NFT marketplace with Rarible to address community safety
Mocaverse, the Animoca Brands membership non-fungible token (NFT) collection, has partnered with Rarible, a NFT platform for creators and brands, to launch Mocaverse Marketplace, a custom marketplace for the Mocaverse community.
Over 40 percent of Singapore IT leaders doubt digital infrastructure’s readiness for AI, says Equinix
More than four in ten information technology (IT) leaders surveyed in Asia-Pacific (44 percent) believe their existing IT infrastructure is not fully prepared for the demands of artificial intelligence (AI) technology, despite its widespread adoption across industries, according to the Equinix 2023 Global Tech Trends Survey revealed on Wednesday.
Digital banking is the most competitive sector in Southeast Asia’s fintech market, says Rabocash
The digital banking sector is the most competitive in the Southeast Asia (SEA), with a score of 9,692 on the Herfindahl-Hirschman Index (HHI) (reverse) index, Robocash Group said Thursday.
Southeast Asia ecommerce achieves $ 99.5B GMV in 2022, says Momentum Works
Southeast Asia Ecommerce achieved $99.5 billion gross merchandises value (GMV) in 2022, 1.8 times that of 2020 - the first year of the pandemic, a report showed Thursday. Momentum Works said in a statement that despite strong headwinds in Southeast Asia’s ecommerce sector in 2022, growth and competition continued.
Gusto Collective expands into SEA with acquisition of Mercury Integrated
Hong Kong-based brand technology group Gusto Collective is expanding into Southeast Asia (SEA) with acquisition of Singapore-based luxury-marketing firm Mercury Integrated.
Malaysia secures $1.79B investment commitments at London Tech Week – report
These investments are expected to create no fewer than 1,800 high-value jobs, the minister said at the signing of a memorandum of understanding (MoU) between Malaysia Digital Economy Corporation (MDEC) and the International Data Centre Authority (IDCA).
Malaysia’s Agmo inks MoU with Alibaba Cloud for EV superapp
Malaysian digital solutions and application development specialist Agmo Holdings Berhad has inked a memorandum of understanding (MoU) with Alibaba Cloud (Malaysia) Sdn. Bhd, cloud computing company of China-based Alibaba Group, to launch electric vehicle (EV) superapp.
India’s HighXP raises $2.2M in seed funding led by 3one4 Capital
HighXP, an India-based casual gaming studio building social games, has raised $2.2 million in seed funding. The funding was led by 3one4 Capital with participation from Prime Venture Partners and Gemba Capital.
India’s Indifi Technologies raises $35M in Series E funding led by ICICI Venture
Indifi Technologies (Indifi), an India-based digital technology platforms, has on Tuesday successfully raised Rs 290 Crores ($35 million) in its Series E funding round. Funds managed and advised by ICICI Venture led the round along with participation from existing investors including British International Investment, OP Finnfund Global Impact Fund I,…
Malaysia to reform startup ecosystem, focus on investment, says minister – report
“We will persuade these 20 agencies (related to the ecosystem) that we will have to move towards a single window approach similar to what we have done with the visa application system,“ he said.
