News
Alibaba Cloud to invest $1B as it unveils strategic roadmap for international business
Alibaba Cloud commits to $1 billion investment to boost ecosystem capabilities while showcasing new products and comprehensive customer support for complete services.
Hong Kong’s The Sandbox collaborates with Taiwan’s Softstar to boost Web3 ecosystem
The Sandbox, a decentralized gaming virtual world and subsidiary of Hong Kong-based Animoca Brands, has announced its collaboration with Softstar Entertainment Inc. (Softstar), an iconic Taiwanese brand of classic personal computer (PC) games.
Vietnam’s VinFast joins The Climate Pledge on journey to net-zero carbon by 2040
VinFast, the automotive arm of Vingroup, announced its participation in The Climate Pledge – a commitment to reach net-zero carbon emissions by 2040, co-founded by Amazon and Global Optimism. As the first Vietnamese enterprise to sign the pledge, VinFast affirms its determination to contribute to sustainable development.
PPRO makes moves in Malaysia with integration of Grabpay and Touch ‘N Go
PPRO, the global provider of digital payments infrastructure, has strengthened its market coverage of Malaysia with the integration of major e-wallets GrabPay and Touch ‘n Go on its payments infrastructure.
Indonesia’s SerMorpheus raises $2.5M Seed fund led by Intudo Ventures
SerMorpheus, an Indonesia-based web3 brand-retailer enabler, announced Thursday the completion of a $2.5 million seed round of financing led by Intudo Ventures. The round also saw participation from 500 Global, Febe Ventures, AlphaLab Capital, BRI Ventures, and Caballeros Capital.
Malaysia’s StoreHub raises $13.5M pre-Series B round led by 500 Global
StoreHub, a Malaysia-based platform that enables restaurants and retailers to automate and grow their business, said Wednesday it has raised $13.5 million in a pre-Series B fundraising round led by 500 Global. The round also saw participation from existing investors Vertex Ventures Southeast Asia & India, OSK and others.
Islamic finance sector sees growth opportunities in crypto and metaverse, says IslamicMarkets.com
New research with leading Islamic finance professionals shows growing acceptance of crypto and digital assets and rising interest in the metaverse. IslamicMarkets.com study found that nearly two out of three (63 percent) of Islamic finance professionals predict the level of adoption of crypto and digital assets in Islamic finance will increase over the next…
Singapore’s #dltledgers raises $6M Series B investment, crossing $70M valuation mark
Singaporean blockchain based multi enterprise supply-chain business network (MESCBN) platform #dltledgers, announced Wednesday that it has raised $8.5 million from its lead investor in a Series B funding round. This strategic round now brings the firm's valuation to well above $100 million, up from $46 million after its Series A round just over a year ago.
Malaysia’s respond.io raises $7M funding led by Headline Asia
Respond.io, a Malaysia-based social to conversational commerce software as a service (SaaS) platform, has closed $7 million in Series A funding. The round was led by Headline Asia with participation from AltaIR Capital, Smart Partnership Capital, Sterling Oak Group & Calendula Ventures.
Singapore’s Cargobase closes growth financing round from Lufthansa Innovation Hub and Trestle Partners
Cargobase, a Singapore-based logistics software firm, said Tuesday it has raised funds from Lufthansa Innovation Hub and Trestle Partners, reinforcing their joint commitment to supply chain tech innovation and digitalisation.
