News

Sea Limited, Singapore-based e-commerce giant, said Tuesday that its revenue rose 25.1 percent year on year to $12.4 billion in 2022, underpinned by e-commerce growth.

Catcha Digital Berhad (Catcha Digital) has on Tuesday announced that it has completed the acquisition of the entire equity interest of iMedia Asia Sdn Bhd (iMedia), in a transaction valued at approximately MYR43.92 million ($9.71 million) in cash and shares.

Despite improvements around women in senior management roles, job security and financial rewards for women are still lagging, says a study Wednesday.

Singapore-based venture capital firm Integra Partners (Integra) has on Tuesday announced the launch of Win With Women, the new venture partner program supported by the United States Agency for International Development (USAID), designed to promote female participation in angel investing, venture capital and technology start-ups.

Capital A, the parent company of Malaysia-based low-cost carrier, has announced a blueprint to grow its digital businesses under the leadership of President, Commercial of Capital A Colin Currie who will hold dual roles including the Chief Executive Officer of airasia Digital position.

Australia-based global payments and financial platform Airwallex has secured a payment business license in China, following the successful acquisition of a 100 percent stake in Guangzhou Shang Wu Tong Network Technology Co., Ltd., an information and online payment services company.

FewStones, a Singapore-based video production company, has partnered with Singapore-based crypto payments firm TripleA to offer cryptocurrency payment options for their services.

Indian fintech startup Growfin has on Tuesday announced a $7.5 million Series A funding round to provide real-time visibility and predictability in cash flow for modern Chief Financial Officers (CFOs).

Vingroup Chairman Pham Nhat Vuong has on Monday announced the establishment of the Green and Smart Mobility Joint Stock Company (GSM), an entity dedicated to using VinFast electric cars and scooters for rental and taxi services.

The Singapore-based ride-hailing and delivery company completed the transaction last week, bringing its debt under an outstanding term loan to $517 million, down from the previous balance of $1.117 billion. Grab also has about $200 million in other bank debt.