Malaysia

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.

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.

Venture capitalists TechNode Global contacted opined that political issues will have little impact on investors' confidence in Malaysian tech startups. The tech industry in the country will continue to grow due to the ongoing pandemic which has accelerated digitalization.

HOMA's plans to expand to 10 more new locations by 2022.

The deal values Teleport at $300 million and welcomes investors, including Kuala Lumpur and Shanghai-based venture capital firm Gobi Partners onboard.

The digital car insurance service includes insurance and road tax renewal and allows car owners to make price comparisons of various insurance providers.

In an interview, Boost CEO Sheyantha Abeykoon told TechNode Global the competitive edge Axiata-RHB consortium have against other contenders and how will it position the digital bank should the consortium were granted a digital banking license.

In the next three months of the Super Accelerator programme, Sunway iLabs will help the selected top five startup founders connect with Sunway’s global network of partners, industry experts, mentors and investors.

The ongoing pandemic has helped to accelerate the uptake of BNPL as commerce increasingly moves online and consumers look for alternatives to better manage their finances.

BigPay said the funding from SK Group further strengthens AirAsia’s digital endeavor as it accelerates the scope of growth for its digital businesses, including logistics and financial services.