On location

Fast-fashion retailer SHEIN targets $35–40B valuation in Hong Kong IPO on $41.8B revenue

SHEIN, a global online fashion and lifestyle company, is targeting a valuation of $35-40 billion in its planned initial public offering on the Hong Kong stock market, analysts noted.

The APAC AI Networking Night: The Bangkok AI Soirée to be held on Aug 27, 2026

From AI startups and emerging technologies to investment opportunities and cross-border collaboration, this is a space to connect with the people shaping Asia Pacific’s next wave of innovation. Whether you are an entrepreneur, investor, corporate leader or ecosystem builder, come meet like-minded people and explore what’s next for AI in the region.

MBSB maintains positive stance on Malaysia’s renewable energy on structural policy tailwinds

MBSB Research has on Wednesday maintained its positive stance on the renewable energy subsector, underpinned by the structural policy tailwinds for a deep decarbonization trajectory in line with the targets under National Energy Transition Roadmap (NETR).

Indonesia’s data center boom faces growing infrastructure challenges – BMI

Indonesia’s data center market is set for continued expansion, supported by international private capital, cloud adoption, data localization requirements and spillover demand from Singapore, but growing constraints around power, land, water, connectivity and renewable energy could increasingly challenge the country’s ability to sustain its growth, BMI…

Malaysia’s chip sector faces uneven AI gains, supply risks – HSBC

Malaysia’s semiconductor sector is benefiting from the global artificial intelligence (AI) boom, but gains remain uneven across the industry, while supply risks and the challenge of moving further up the value chain continue to weigh on its longer-term outlook, HSBC said on Thursday.

Databricks closes $5B funding round at $190B valuation as revenue run-rate tops $7B

Databricks has closed a $5 billion strategic funding round at a $190 billion valuation after reporting more than 80 percent year-on-year growth and a $7 billion revenue run-rate.

Malaysia remains Grab’s biggest revenue source with $622M in H1/2026

Malaysia remained Grab's biggest revenue source in the first half of 2026, generating $622 million as the Singapore-based superapp's total revenue climbed 23 percent year-over-year to $1.95 billion.

Indonesia opens first university-based AI research center at UGM with NVIDIA, Indosat

Indosat Ooredoo Hutchison, NVIDIA, Universitas Gadjah Mada (UGM), and the Ministry of Communication and Digital Affairs have launched the UGM Indosat NVIDIA AI Technology Center (NVAITC), Indonesia's first university-based AI technology center.

Malaysia’s ZUS Coffee said to explore IPO to raise at least $245M — report

Malaysia's tech-enabled coffee chain ZUS Coffee is considering an initial public offering (IPO) of its Malaysia business to raise at least RM1 billion ($245 million).

Maybank sees Shopee margins bottom and enter more sustained expansion phase

Maybank Investment Bank said Wednesday that Singaporean technology firm Sea's results and its management positive expectations have reinforcing its view that Shopee margins have bottomed and are entering a more sustained expansion phase.