News
Singapore’s Sea Ltd partners with OpenAI on new ways to shop
This collaboration will explore how AI agents like Operator can work with Shopee to make online shopping more intuitive, personalized, and responsive, Sea added.
Singapore’s Trust Bank reaches 1M customer; launches investment solution with abrdn
Singapore's digital bank Trust has on Friday announced that it has reached 1 million customers, making it the fourth largest retail bank in Singapore by customer numbers.
Vietnam’s Kamereo expands to Hanoi to cater growing F&B demand
Kamereo, a Vietnam-based business to business (B2B) food supply technology platform, has officially announced its expansion into the Hanoi market.
FinDev Canada opens first regional office in Singapore to support the Indo-Pacific
Canada’s bilateral Development Finance Institution, FinDev Canada, has announced the opening of its first regional office in Singapore to support clients and partners in the Indo-Pacific region.
Philippine edtech firm EDGE Tutor raises $1M in Pre-A round to expand in the Americas and EMEA
EDGE Tutor International, the Philippines-based online tutoring outsourcing company, has successfully closed a $1 million Pre-Series A funding round, following its $800,000 seed round in 2023.
Southeast Asia’s InsurTech funding plunges 61 percent on year to $193M in 2024
The Southeast Asia (SEA) InsurTech total funding plunged 61 percent to $193 million in 2024 from $495 million in 2023, in line with global funding downturn across sectors, Tracxn said Friday.
Singapore’s Thunes expands its Direct Global Network into Taiwan
Singapore-based global payments company Thunes has on Thursday announced the expansion of its Direct Global Network into Taiwan.
East Ventures unveils platform for AI innovators in Indonesia
East Ventures, a venture capital firm in Indonesia and Southeast Asia, has on Thursday announced the launch of IndoBuild AI, a dynamic platform for artificial intelligence (AI) innovators to learn, build, and showcase their AI-driven solutions to real-world challenges in Indonesia.
Grab’s revenue grows 19 percent on year to $2.8 billion in 2024
Singapore-based superapp Grab announced Thursday that its revenue for 2024 grew 19 percent year on year to $2.8 billion, exceeding its guidance of $2.76 billion to $2.78 billion.
Temasek’s Nurasa, Saskatchewan Food Centre team up to expand market opportunities
Nurasa, a wholly owned company of Temasek and an organization in sustainable nutrition development in Asia, and the Saskatchewan Food Industry Development Centre (Food Centre), a contract research, manufacturing and incubation organization in Canada, have teamed up to foster innovation and enhance collaboration within the global food and beverage industry.
