On location
Malaysia’s iStore iSend bags investment from Japan’s logistics giant Yamato Holdings
The fund will be used for iStore iSend’s talent acquisition and improving its proprietary system to help the company in its plan for cross border expansion.
July 28, 2021
Malaysia Competition Commission closely monitors food delivery platforms after public outcry on exorbitant commission fees
The development also came after local media highlighted last month that some restaurants has urged customers to bypass food delivery platforms and order food directly from their outlets instead of delivery services which take a big cut.
July 28, 2021
News,FinTech,Singapore,Investments
Temasek-backed payments firm Nium raises $200M in Series D funding, now a unicorn
The new funding will enable it to rapidly expand its technical platform and add new embedded fintech services.
July 28, 2021
News,Malaysia,Mergers and Acquisitions,FinTech
AIA Malaysia buys minority stake in Ant-backed e-wallet operator TNG Digital
AIA will offer Touch ‘n Go eWallet customers a seamless, convenient and frictionless experience, making it easy to buy, claim and renew policies.
July 27, 2021
News,Malaysia,Thailand,eCommerce,Indonesia,Investments
Indonesia’s HappyFresh raises $65M in Series D funding led by Naver Financial Corp & Gafina B.V.
The team plans to improve service offerings such as more payment methods, better user experience and assortment, bringing its service to more families in each country across the region.
July 27, 2021
TNGlobal Q&A and Interviews,Singapore,SaaS
Service-as-a-solution applications enhance collaboration, productivity, and go-to-market agility, says Cloud4C Founder Sridhar Pinnapureddy [Q&A]
Service-as-a-solution applications, such as video conferencing tools, are becoming more popular because they can enhance collaboration and productivity. Digitalization is nearly synonymous with business survival and the commoditization of services and technologies can help enterprises address significant challenges.
July 27, 2021
Indonesia’s dental startup KLAR focuses on home market before expanding overseas
Affordable clear aligners are in demand, as brands from overseas entering Indonesia are seen as unaffordable.
July 26, 2021
News,Mergers and Acquisitions,SEA,PropTech
PropertyGuru to go public via SPAC merger with Bridgetown 2
The combined company will have an enterprise value of approximately $1.35 billion and an equity value of approximately $1.78 billion at closing.
July 26, 2021