SEA

The direct-to-consumer (D2C) sector is making its mark in Southeast Asia (SEA)’s startup ecosystem, with more than 2,000 companies and all-time funding of $300 million, Tracxn said Wednesday.

Google has on Tuesday announced the integration of ShopeePay and TNG eWallet (an Alipay+ Partner) with Google Pay in Malaysia, marking Google Pay's first eWallet integrations in Southeast Asia.

While ASEAN's regional payment connectivity (RPC) is making good progress, ASEAN+3 Macroeconomic Research Office (AMRO) sees some challenges, including fragmented systems, regulatory alignment, and cybersecurity remain.

GXS Bank announced Monday that it has received regulatory approval to acquire Validus Capital Pte Ltd, the Singapore subsidiary of Validus Investment Holdings Pte Ltd (Validus Group).

The ASEAN Simplified ESG Disclosure Guide for SMEs in Supply Chains (ASEDG) Version 1, was launched this week by the ASEAN Capital Markets Forum (ACMF) on the sidelines of the ASEAN Finance Ministers and Central Bank Governors Meeting in Kuala Lumpur, Malaysia.

The National Bank of Cambodia (NBC), the central bank of Cambodia, has officially joined the Regional Payment Connectivity (RPC) initiative, further strengthening regional financial integration in Southeast Asia.

The Southeast Asia (SEA) FinTech startup ecosystem witnessed a total of $193 million in funding, which marks a 66 percent drop compared to the $584 million raised in the first quarter of 2024 and a 30 percent decline from the $274 million raised in the fourth quarter of 2024, Tracxn said Thursday.

J&T Global Express Limited (J&T Express), a global logistics service provider, announced Thursday that the company achieved a total parcel volume of approximately 6.6 billion in the first quarter of 2025, a 31.2 percent year-over-year increase.

Workday, Inc., the global artificial intelligence (AI) platform for managing people, money, and agents, has on Wednesday announced the appointment of Jess O'Reilly as the General Manager for its ASEAN business.

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.