News
Exabytes completes acquisition of premier Singapore-based hosting provider APC Hosting
Southeast Asia’s digital enabler Exabytes has on Wednesday announced the successful acquisition of APC Hosting, a Singapore-based web hosting, VPS and domain providers, as part of its market expansion strategy in Singapore.
Jio Platforms acquires US-based Mimosa Networks for $60M
Airspan Networks Holdings (Airspan) and Radisys Corporation (Radisys), a wholly owned subsidiary of Jio Platforms Limited (Jio), has Wednesday announced the sale of Mimosa Networks, Inc. (Mimosa) to Radisys for $60 million on a debt free, cash free basis.
Animoca Brands Japan invests in global entertainment company Rainshine Global Inc.
Animoca Brands Japan, a strategic subsidiary of Hong Kong-based Web3 company Animoca Brands Corporation Limited, has on Wednesday announced a strategic investment in Rainshine Global, Inc., the Delaware-based entertainment company.
Singapore AI startup Groundup.ai secures $1.8M in Seed round led by Wavemaker Partners
Groundup.ai, a Singapore-based industrial artificial intelligence (AI) startup, said Thursday it has raised US$1.8 million in its seed funding round led by early-stage investor Wavemaker Partners.
Singapore’s The GrowHub announces first close of $3M pre-series B round
The GrowHub, a Singapore-based trust and traceability technology provider for the supply chain, announced Thursday that it has closed a $3 million Pre-Series B round from a number of strategic individual investors including the company’s Chief Executive Officer and Founder Lester Chan.
A majority of Asia businesses expect to increase cloud investment in 2023, says Alibaba Cloud survey
Eighty-four percent of existing users of cloud services are expecting to increase their investment in the cloud technology in 2023, a survey showed Wednesday.
Malaysia introduces initiatives to ensure local startups will have access to later stage financing
Anwar said his administration is committed to support high value-add local startups from early stage right up to listing onto Bursa Malaysia (local stock exchange).”
Omnichat unveils AI Chatbot integrated with ChatGPT
Omnichat, a Hong Kong-based omni-channel chat commerce solution provider, has launched “Omni AI”, a new chatbot integrated with ChatGPT 3.5, empowering chat commerce in multiple messaging platforms.
Sea’s revenue rises 25.1% year-on-year to $12.4B in 2022
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 completes acquisition of iMedia
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.
