Asia

US’s Terabase secures $130M Series C from SoftBank to accelerate construction of utility-scale solar

Terabase Energy, a global digital and automation solutions for utility-scale solar power, has announced the closing of its $130 million Series C financing round.

Backbase partners Synpulse to accelerate banking transformation across APAC

Global fintech firm Backbase has announced a strategic partnership with financial services consulting firm Synpulse to accelerate digital transformation for banks across Asia-Pacific.

HK’s Watawaste to raise funds in 2025 as its sustainable food app Yindii eyes expansion across Asia [Q&A]

We talked to Louis-Alban Batard, 
Co-founder & CEO, Watawaste HK Ltd (a Cyberport incubatee) which develops sustainable food app – Yindii, to learn more about the company’s achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Hong Kong for the new year and how he sees Southeast Asia.

HK’s V Sing to aggressively expand into US, Japan, Canada, Australia, Dubai & South Korea [Q&A]

We talked to Ivan Le,
 Chief Executive Officer at V Sing Hong Kong Ltd (a Cyberport Incubatee) to learn more about the company’s achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Hong Kong for 2025 and how he sees Southeast Asia.

Uber ends acquisition of Delivery Hero’s Taiwan foodpanda business amid regulatory hurdles

Delivery Hero SE, the Germany-based global local delivery platform, has confirmed that the American multinational transportation company Uber Technologies, Inc. has decided to terminate the agreement to acquire Delivery Hero’s foodpanda business in Taiwan.

Choco Up partners Wonder Capital to launch $50M fund for APAC SMEs

Choco Up, an Asia-based growth financing platform, has entered into a strategic partnership with Wonder Capital Group Limited, a Hong Kong-based independent investment management firm, to begin a series of private credit funds projected to raise $50 million, to fund Asia Pacific (APAC) small and medium-sized enterprises (SMEs).

Alibaba Cloud: majority of businesses intrigued by the potential of AI in achieving sustainability goals whilst energy consumption concerns persist

Majority of businesses intrigued by the potential of artificial intelligence (AI) in achieving sustainability goals whilst energy consumption concerns persist, Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, said in its latest survey report Monday.

Airwallex inks deal to acquire Vietnamese payment company CTIN Pay

Global payments and financial platform Airwallex has signed a definitive agreement to acquire CTIN Pay, an Intermediary Payment Service (IPS) licensed company in Vietnam, to accelerate its Asia-Pacific (APAC) expansion.

U Mobile partners Qualcomm to boost Malaysia’s IoT adoption

Malaysia’s 5G network provider U Mobile has signed a memorandum of understanding (MoU) with global communications products and services provider Qualcomm Services to boost internet of things (IoT) adoption in Malaysia.

Analysts see Malaysia’s partnership with Softbank’s Arm to ignite front-end semiconductor value chain

Analysts said Thursday that Malaysia's partnership with Softbank-backed semiconductor firm Arm Holdings will ignite the front-end semiconductor value chain in the country.