News
Indonesia’s Soul Parking raises Series A funding co-led by AppWorks and AC Ventures to fuel growth
Soul Parking, an Indonesia-based parking management service provider, has announced the completion of a Series A extension round of financing co-led by AppWorks and AC Ventures.
Singapore’s Digital Edge raises over $1.6B to fund expansion
Digital Edge, a Singapore-based data centers developer, raised over $1.6 billion in new capital through a combination of equity and debt financing to fuel its next phase of growth.
Creador acquires majority stake in Indonesian hospitality marketplace MG Group
Creador, a Malaysia-based pvate equity firm, has on Thursday announced the acquisition of a controlling stake in MG Group, an Indonesia-based business to business (B2B) hospitality marketplace, from Northstar and other shareholders.
Maybank positive on Indonesia’s new economy
Maybank Investment Bank has on Friday maintained a positive view of the new economy in Indonesia as it sees the sector is moving on the right path.
WeChat, TikTok granted licenses to operate in Malaysia
Tech firms WeChat and ByteDance (TikTok) have successfully obtained their licenses to operate in Malaysia, the Malaysian Communications and Multimedia Commission (MCMC) said Wednesday.
Grab acquires stake in Nham24 to grow food and grocery delivery market in Cambodia
Singapore-based superapp Grab has acquired a stake in Cambodian food-delivery and e-commerce platform Nham24 to grow food and grocery delivery market in the country.
Malaysia’s Gamuda buys land in Port Dickson for data center development
Malaysian construction firm Gamuda Berhad has acquired a land in Port Dickson of Malaysia for MYR 424.4 million ($95.09 million) to develop cloud or data center infrastructure.
Temasek, EQT to exit Indian renewable energy platform O2 Power
Singapore state-owned investor Temasek and Sweden global investment organization EQT Infrastructure IV have announced the sales of Indian renewable energy platform O2 Power to India-based power firm JSW Neo Energy for $1.5 billion.
[Year in review] Southeast Asia’s Top 10 tech news in 2024
As we usher into 2025, hoping for a better year, here are Southeast Asia’s top 10 tech news in 2024.
Malaysia’s Khazanah invests in Cambrian Fund and Syntiant
Malaysia's sovereign wealth fund Khazanah Nasional Bhd said on Friday it has invested into the Malaysia-based private equity Cambrian Fund and US artificial intelligence firm Syntiant Corp.
