On location

While there have been numerous media reports in the past weeks of a potential merger between Grab and GoTo, Maybank Investment Bank opined that acquisition of Gojek would be the most favorable scenario for Grab, leading to maximum synergies while preserving balance sheet strength.

Nexus Global Payments (NGP) has on Thursday announced that it has been formally incorporated as a company limited by guarantee in Singapore to operationalize and manage the Nexus scheme for enabling safe and instant cross-border payments at scale.

Southeast Asian car e-commerce platform Carsome Group Inc. has on Thursday announced a multi-year collaboration with Google Cloud, and Searce to fuel its continued expansion and growth in the markets where it operates.

Endowus, the Singapore-based wealth management platform, has partnered with the global alternative investment management firm Man Group to bring their credit offerings to clients in Hong Kong and Singapore.

The United States-based chipmaker Qualcomm has on Wednesday announced the acquisition of MovianAI Artificial Intelligence (AI) Application and Research JSC (MovianAI), the former generative AI division of VinAI Application and Research JSC (VinAI) and a part of the Vingroup ecosystem.

GLP, a Singapore-based global thematic business builder and investment manager, has on Tuesday launched maiden data center fund in China with asset under management (AUM) of RMB 2.6 billion ($358 million).

Southeast Asia's superapp Grab has obtained the Land Transport Authority (LTA) license to operate taxis in Singapore.

Singaporean telecommunications company StarHub has successfully trialed Southeast Asia’s first 5G Cloud Radio Access Network (RAN) in collaboration with Finnish telecommunications firm Nokia and American technology group Dell Technologies.

Singapore-based cryptocurrency exchange company Crypto.com and electronic equipment firm Sony Electronics (Singapore) Pte. Ltd. (SES) have on Wednesday announced the acceptance of USDC, a U.S. dollar-pegged stablecoin, exclusively on Sony Store Online in a move to make direct crypto payment accessible to SES’ consumers.

Singapore-based insurtech Igloo and Thailand conglomerate Jaymart Group's subsidiary JMT Network Services PCL have established a joint venture to offer insurtech solutions for Thailand.