News
News,Malaysia,Singapore,Mergers and Acquisitions
Singapore’s Omnilytics to acquire Malaysia’s Supahands in $20M deal
Founded in 2014 and headquartered in Malaysia, Supahands is an end-to-end data labeling platform that develops training data to enable clients to launch and scale high-performing artificial intelligence applications for their business.
August 25, 2021
ScaleUp Malaysia launches Cohort 3, partners with Quest Ventures & Indelible Ventures
For Cohort 3, ScaleUp Malaysia is looking towards working with more scaleups eyeing the regional and global stage.
August 25, 2021
Malaysia’s AirAsia launches e-hailing services; eyes more acquisitions as it builds Super App
AirAsia's e-hailing venture came as the aviation group is in the midst of building its digital businesses and its ASEAN Super App when most of its planes were grounded due to the ongoing COVID-19 pandemic.
August 24, 2021
News,Blockchain / Crypto,Singapore
Singapore blockchain security firm CYBAVO raises $4M in pre-Series A round
The company intends to use the latest funding to fuel expansion in the East Asian, European, and North American markets and invest in R&D.
August 24, 2021
News,Malaysia,SEA,Sustainability
Malaysia’s telecoms infrastructure firm Edotco accepted as United Nations Global Compact signatory
As a signatory, Edotco said it will be supporting the 10 Principles on human rights, labor, environment and anti-corruption, which will be embedded as part of the company’s strategy, culture, and day-to-day operations.
August 23, 2021
News,FinTech,Investments,Asia,Blockchain / Crypto,Venture Capital
Taiwan’s XREX raises $17M in Pre-Series A funding round led by CDIB Capital
XREX will use the funding to expand its fiat currency portfolio, acquire additional licenses, and forge partnerships with more financial institutions and digital wallets.
August 23, 2021
News,Indonesia,eCommerce,Investments
Indonesia’s GoTo to complete $2B funding round, eyes IPO in 2022 – report
The delay comes as Indonesia's Financial Services Authority (OJK) considers new listing guidelines for tech companies to offer dual-class shares that confer different voting rights.
August 20, 2021
Philippines to stop accepting digital bank applications for 3 years, caps licenses to 7
The Monetary Board decided to close the window for the submission of applications from new digital banks, including converting banks, starting August 31, 2021. This is in line with the overall thrust of maintaining a stable and competitive environment for banks.
August 20, 2021
News,Malaysia,eCommerce,Investments
Malaysia home finishing product marketplace HOMA2U bags $567K funding
HOMA's plans to expand to 10 more new locations by 2022.
August 19, 2021
News,Malaysia,Logistics,SEA,Investments
AirAsia’s logistics arm Teleport to acquire food delivery platform Delivereat for $9.8M
The deal values Teleport at $300 million and welcomes investors, including Kuala Lumpur and Shanghai-based venture capital firm Gobi Partners onboard.
August 18, 2021
Singapore’s Sea Ltd partners with OpenAI on new ways to shop
February 21, 2025
Vietnam’s Kamereo expands to Hanoi to cater growing F&B demand
February 21, 2025
Singapore’s Sea Ltd partners with OpenAI on new ways to shop
February 21, 2025
Vietnam’s Kamereo expands to Hanoi to cater growing F&B demand
February 21, 2025












