On location

Along with the rebranding, Lazada Logistics is also introducing multi-channel logistics (MCL) services, which provide a single stock fulfillment solution to help e-commerce enablers and brands fulfill across all e-commerce channels seamlessly.

The grant provides up to 2 million ringgit funding for eligible technology companies and technology accelerators.

The round also includes CMIA Capital Partners, M Venture Partners, as well as angels, Anand Swaminathan and Doug Parker.

The SPAC intends to focus on fast-growing technology companies in e-commerce, financial technology, insurance technology, digital health, digital media, and digital services.

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.

For Cohort 3, ScaleUp Malaysia is looking towards working with more scaleups eyeing the regional and global stage.

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.

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.

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.

XREX will use the funding to expand its fiat currency portfolio, acquire additional licenses, and forge partnerships with more financial institutions and digital wallets.