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News,Indonesia,Blockchain / Crypto
Indonesia’s Pintu raises $113M Series B from Intudo, Lightspeed, Northstar, Pantera
Pintu, an Indonesia-based crypto wallet and trading platform, announced Tuesday the closing of a $113 million Series B round of financing from Intudo Ventures, Lightspeed, Northstar Group, and Pantera Capital. With this round of financing, the firm plans to solidify its position as the leading crypto assets platform in Indonesia, rolling out new features,…
June 7, 2022
Australia’s Swoop Aero closes $16M Series B round led by Main Sequence
Australian drone firm Swoop Aero said Tuesday it has completed a $16 million Series B venture capital raise, following over two years of continuous drone delivery of medical supplies across Africa, and delivering over 800,000 items by drone. The successful Series B raise was led by Australia’s premier deep tech venture capital (VC) fund, Main Sequence.
June 7, 2022
News,Sustainability,SEA,Malaysia
Gobi Partners publishes inaugural Sustainability Report
"It is especially poignant for Gobi to publish our first Sustainability Report during Pride Month and on World Environment Day, and we look forward to further advancing and promoting environmental stewardship, social progress, and good governance through our work highlighted in this report and our sustainability initiatives in the future," Gobi said.
June 7, 2022
Indonesia’s J&T Express invests $136M for logistics center in Malaysia
JT Express, an Indonesia-based international express logistics company, announced Tuesday it has invested MYR600 million ($136.46 million) to purchase a 30-acre parcel of land in Bandar Rimbayu, Selangor, Malaysia, to build a logistics center. The land will be used to build an integrated logistics center for express distribution, logistics and…
June 7, 2022
Singapore’s used car platform Carro buys 50% stake in Indonesian rental firm MPMRent – report
MPMRent is one of Indonesia's leading car rental firms with a fleet of more than 13,000 cars and provides financing services.
June 7, 2022
Tencent Cloud collaborates with Megazone Cloud, KMGA and Yeonsung University to empower cloud-based mobile game development talent in Korea
In line with its commitment to talent development in the gaming industry, Tencent Cloud – the cloud business of global technology company Tencent, announced on Monday its signing of a four-party Memorandum of Understanding (MoU) with Megazone Cloud, Korea Mobile Game Association (KMGA) and Yeonsung University. The agreement aims to nurture cloud-based…
June 6, 2022
Singapore’s Temasek allocates $3.64B for decarbonization investment platform
Singapore state investor Temasek said Monday it has commited an initial amount of S$5 billion ($3.64 billion) to establish GenZero, an investment platform company that aims to accelerate decarbonisation, for future generations towards a net zero world.
June 6, 2022
Vietnam’s Society Pass acquires Singapore blockchain/Web3 mobile virtual network operator Gorilla Networks
Society Pass Incorporated (SoPa), Vietnam-based data driven loyalty and ecommerce ecosystem, announced Monday that it has acquired Singapore-based Gorilla Networks Pte Ltd (Gorilla), a next generation Web3-enabled mobile virtual network operator (MVNO). SoPa said it will incorporate Gorilla Networks’ proprietary blockchain/Web3 technology onto the rest of…
June 6, 2022
Malaysian conglomerate Sunway to launch largest indoor vertical farm in KL city center
The farm is expected to produce at least 13,000 kilograms of "fresh, healthy, and pesticide-free" vegetables per month.
June 6, 2022
News,FinTech,Indonesia,SEA,eCommerce,Transportation
Indonesia’s GoTo expands its sustainability commitments
PT GoTo Gojek Tokopedia Tbk (GoTo Group), the largest digital ecosystem in Indonesia, announced Friday that it has expanded its ‘Three Zeros’ commitments (Zero Emissions, Zero Waste, Zero Barriers) across its ecosystem, forming a consolidated approach and strategy for the company, united behind common sustainability goals.
June 3, 2022