News

Tencent Cloud ranks as the No. 1 cloud services provider in media services market, says Frost & Sullivan

Tencent Cloud, the cloud business of global technology company Tencent, has on Tuesday announced that it has been recognized as the no. 1 services provider in the media services market, according to Frost & Sullivan’s 2022 Asia-Pacific (APAC) Media Service Market Report.

Savvy Games invests $265M in Chinese esports player VSPO

China-based esports player VSPO (formerly VSPN) has announced the biggest direct investment ever made in the industry with a $265 million deal by innovative games and esports company Savvy Games Group, wholly owned by Saudi Arabia’s Public Investment Fund (PIF), who will now become VSPO’s single largest equity holder.

Nominations for 3rd edition of 100 Women in Tech list now open

The Singapore Computer Society (SCS), in partnership with the Infocomm Media Development Authority (IMDA), have on Monday announced the third edition of the Singapore 100 Women in Tech (SG 100 WiT) list.

Quell completes $10M Series A round led by Tencent

Quell, the United Kingdom-based fitness gaming developer and publisher pioneering the future of fitness gaming technology, has on Monday announced the completion of a $10 million Series A funding round led by Tencent.

FWD to enter Malaysian life insurance market with strategic investment in Gibraltar BSN

Hong Kong-based insurance firm FWD Group Holdings Limited will enter the Malaysian life insurance market following the signing of an agreement to invest in a majority stake in Gibraltar BSN Life Berhad (Gibraltar BSN).

Malaysian Government drafting strategic framework to develop EV charging infrastructure – report

The EV industry has become one of the hottest sectors among Southeast Asian countries. Often seen as the future of automobile, neighboring countries Indonesia and Thailand has hoped to become EV regional hubs, luring car makers from Japan, South Korea and the US to invest and build factories here. Countries including Malaysia and Vietnam have started to…

Gobi-Core appointed as a Co-Investment Partner for Philippine government’s Startup Venture Fund

The Gobi-Core Philippine Fund (Gobi-Core) has been officially accredited as a Co-Investment Partner (CIP) of the Philippine government’s Startup Venture Fund (SVF), one of the first since the fund’s inception in 2021.

Wellous, DHL establish a sustainability partnership to combat climate change

Wellous Group Limited, a Malaysia-based nutrition company, has on Friday announced that the company has entered into an agreement to become DHL Express’s first customer in Asia Pacific to use GoGreen Plus service.

Malaysia’s Sunview partners Huawei for renewable energy

Sunview Group Berhad, a Malaysia-based renewable energy player has on Friday announced that it has inked deal with Huawei Technologies (Malaysia) Sdn. Bhd. (Huawei Malaysia) for strategic partnership in renewable energy.

Japan’s Lifull acquires Thailand brokerage services company FazWaz

Japan-based marketplace operator Lifull Co., Ltd has announced the acquisition of Thailand-based brokerage services company FazWaz, to expand its real estate businesses in Thailand and Southeast Asia and acquiring technology.