China
Alibaba Cloud: outlook for the tech ecosystem in Southeast Asia in 2025 is ‘extremely promising’
The focus will be on fostering innovation and collaboration across industries, particularly in cloud computing and AI, to help businesses accelerate their digital transformation.
Alibaba Cloud announces latest AI models, tools & infrastructure available to drive more efficient global AI community
These advancements aim to empower developers worldwide to build innovative AI applications more cost-effectively and drive a thriving global generative AI community.
Grab, BYD team up to expand electric vehicle fleet offering across Southeast Asia
Singapore-based superapp Grab and China-based automaker BYD have on Wednesday announced a regional partnership to expand access to up to 50,000 BYD electric vehicles (EVs) to Grab’s driver-partners across Southeast Asia, while increasing the availability of green vehicles to Grab users.
Ant Group to connect 280,000 doctors on Haodf healthcare platform with 800M healthcare users on Alipay after acquisition
Following Ant Group’s acquisition of Haodf, a healthcare platform specializing in online doctor consultations, Ant Group President Cyril Han and Haodf.com Founder Hang Wang have jointly announced their plans to drive AI-powered healthcare innovations.
EV battery maker CATL poised to pick banks for $5B Hong Kong share sale – report
CATL, based in southeast China’s Fujian province and a major supplier to Tesla Inc, trades on the Shenzhen Stock Exchange.
China’s Skyee receives IPA for MPI license from MAS
Skyee Pte. Ltd. has on Monday announced that it has been granted in-principle approval (IPA) for the major payment institution (MPI) license from the Monetary Authority of Singapore (MAS).
Hong Kong’s Reap receives in-principle approval for MPI license from MAS
Reap, a Hong Kong-based payment technology provider, announced Friday that it has received an in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for its application of the major payment institution (MPI) license for its Singapore entity, Reap Singapore.
Hong Kong’s Varadise secures $3M in Series A funding round led by Betatron
Hong Kong-born construction tech company Varadise Limited has secured $3 million in a Series A funding round led by Betatron Venture Group.
China’s XTransfer receives license to provide payment services in Singapore
XTransfer, a China-based business to business (B2B) cross-border trade payment platform, was granted the major payment institution (MPI) license by the Monetary Authority of Singapore (MAS) to offer payment services in the country.
Gobi Partners: Southeast Asia’s tech ecosystem is set for dynamic growth in 2025, driven by sustainability & innovation
In 2025, Gobi will prioritize investments in FinTech, HealthTech, TaqwaTech (tech for Islamic markets), the Circular Economy, Gender Diversity, New Energy, and the Silver Economy.
