News
Consumers in Asia are turning to their mobiles to boost leisure pursuits : Telenor Asia study
People across Asia are increasingly switching downtime pursuits into ‘up-time’ opportunities, according to a study into people’s Digital Lives by Telenor Asia.
CMC Markets gets approval to launch investment platform in Singapore
United Kingdom-listed CMC Markets Plc, a global online financial trading firm, has on Tuesday announced that its Singapore subsidiary entity, CMC Markets Singapore Invest Pte. Ltd. (CSMI), has received a regulatory in-principle approval from the Monetary Authority of Singapore (MAS) for a capital markets services licence (CMSL) to offer online and mobile…
China’s JD.com to shut e-commerce sites in Indonesia, Thailand – report
JD.com is China’s largest online retailer and its biggest overall retailer, as well as the country’s biggest Internet company by revenue.
Thai insurtech startup Eazy Digital raises $850,000 in oversubscribed seed round
Eazy Digital, a Thai insurtech startup that provides digital platforms for insurance companies, has raised $850,000 in an oversubscribed seed funding round. The round was led by Wavemaker Partners, with participation from Seedstars International Ventures, Wing Vasiksiri, and Sasin Bangkok Venture Club.
ADDX lists global macro hedge fund Asia Genesis by top veteran trader
Singapore-based private market exchange ADDX has listed a global macro hedge fund by Chua Soon Hock, the Chief Investment Officer and fund manager behind the famed Japan Macro Fund (JMF).
Shopee’s parent firm Sea to increase investment in Malaysia
Sea Ltd,a Singaporean global consumer internet company, through its e-commerce platform Shopee, has committed to expand its investments in Malaysia. SEA's proposed expansion plans in Malaysia involving the setting up of cloudservices, data hosting and processing, as well as new logistics e-commerce warehouse.
VinBrain collaborates with Microsoft to expand AI-powered healthcare to patients worldwide
VinBrain, an artificial intelligence (AI) healthcare company funded by conglomerate VinGroup, said Thursday it will collaborate with Microsoft in data sharing, product cross-validation, and product research and development.
Time spent online falls to pre-pandemic levels, while social media use increases – report
The time spent online globally has fallen to pre-pandemic levels, while social media use has increased, says a report conducted by Meltwater, a global social and media intelligence, and We Are Social, the socially-led creative agency.
Singapore’s Locad raises $11M Series A funding led by Temasek-backed Reefknot Investments
India-based supply chain tech startup Locad has raised $11 million Series A investment led by Singapore-based global venture capital Reefknot Investments. Other notable investors including Access Ventures, JGSummit, as well as returning investors Sequoia Surge, Febe Ventures, Antler, Hustle Fund, and Foxmont.
