News
Indonesia close to finalize EV deals with BYD Group & Tesla – report
Indonesia has the world’s largest nickel reserve which is essential for the battery industry.
CryptoSlam and Forkast.News to form new data intelligence platform
United States-based blockchain data analytics company CryptoSlam and Hong Kong-based Web3 media company Forkast.News have on Tuesday announced a merger to form Forkast Labs, a first-of-its-kind Web3-focused data intelligence and media platform.
SEA food delivery platforms total GMV grows 5% y-o-y to $16.3B in 2022
Southeast Asia food delivery platforms' total gross merchansdise value (GMV) grew 5 percent year on year to $16.3 billion in 2022, from S15.5 billion in 2021, a report said Tuesday. According to Momentum Works, the growth was mainly driven by the relatively smaller markets of the Philippines ($2.4 billion), Malaysia ($2.2 billion) and Vietnam ($1.1…
The Sandbox rolls out Lunar New Year Event to celebrate in the metaverse across China
The Sandbox, a decentralized gaming virtual world and subsidiary of Animoca Brands, has on Monday launched the Lunar New Year Event to celebrate a creative and cultural moment in the metaverse as it is entering the year of the Rabbit, symbol of longevity, peace, and prosperity in Chinese culture.
Airwallex partners with American Express for merchant payments acceptance
Australia-based global fintech Airwallex has on Tuesday announced the launch of a partnership with American Express, allowing Airwallex customers to accept American Express Cards as a payment method.
Microsoft invests in Darwinbox, collaborates on product integration
Darwinbox, an India-based human resource (HR) tech unicorn, and Microsoft announced Tuesday a collaboration to empower organizations globally with the right tools to succeed in the evolving world of work.
GoTyme Bank partners Mambu to deliver digital banking solution in the Philippines
Newly launched Filipino digital bank GoTyme Bank has partnered with global cloud banking platform Mambu to deliver an innovative digital banking solution that is aiming to improve access to high-quality financial services for Filipinos.
Indonesia’s Komunal raises $8.5M funding led by East Ventures
Komunal, an Indonesia-based fintech company, has on Tuesday announced that it has successfully secured $8.5 million of funding led by East Ventures (Growth fund). This funding round is also participated by AlphaTrio Sustainable Technology Fund, Skystar Capital, Sovereign’s Capital, Ozora, and Gobi Partners.
Indonesia’s Mindtera closes $850,000 seed extension round funding led by East Ventures
Mindtera, an Employee Assistance Program (EAP) platform in Indonesia, has announced the close of its combined seed and seed extension round at $850,000 funding led by East Ventures. The round also saw commitments from Seedstars International Ventures among other prominent angel investors.
Lighthouse Canton’s maiden Venture Debt Strategy reaches first close at $20M
Singapore-based investment institution Lighthouse Canton has announced the first close of its newly launched venture debt strategy at $20 million.
