SEA

Alpha JWC partners Google and others for SEA founders upgrading program

Indonesia borne venture capital firm Alpha JWC Ventures (Alpha JWC) has announced strategic partnerships formed with Google Asia Pacific (APAC), integrated global communications…

Indonesia’s Traveloka gets $300M investment from BlackRock, Allianz, Orion Capital Asia and others

Indonesia Investment Authority (INA), BlackRock, Allianz Global Investors, Orion Capital Asia, and other leading global financial institutions have signed an agreement to provide…

Malaysia’s Carsome announces ‘group-wide accelerated profitability plan’ including job cuts

Malaysia-headquartered used car platform Carsome has announced a group-wide accelerated profitability plan to achieve its target of positive earnings before interest, taxes,…

Softbank-backed Carro sees ‘many’ opportunities in Japan market; eyeing Australia, Philippines, Vietnam

Singapore-based used car marketplace Carro, which announced its expansion into Japan last week, sees many opportunities in the country as the Japan’s used car market size is…

AC Ventures partners CTO-as-a-service firm 8020cto to boost Southeast Asian tech teams

8020cto, a CTO-as-a-service company, has partnered with Southeast Asian venture capital firm AC Ventures by committing to provide engineering leadership solutions for the firm’s…

Alibaba Cloud to invest $1B as it unveils strategic roadmap for international business

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has announced its latest international strategic roadmap at the 2022 Alibaba Cloud Summit. During…

Sea Ltd’s top management to forgo salaries as firm cuts cost – report

Singapore-headquartered tech firm Sea Ltd.’s top management will forgo their salaries and tighten company expense policies, as the gaming and e-commerce giant tries to shield…

US’s Orbital Insight expands to Southeast Asia with Thailand as its first target

Orbital Insight, a geospatial analytics and location intelligence solutions provider based in Palo Alto, California, announced Thursday its expansion into Southeast Asia, with…

Japanese unicorn Sansan plots Southeast Asian expansion despite recession fear [Q&A]

Despite recession fear, Japan-based tech unicorn Sansan plans to expand its business across Southeast Asia. The cloud services company especially sees the needs for cloud…

Malaysia’s Capital A ‘progressing’ with AirAsia Aviation, airasia Super App New York listing plan – report

Capital A Bhd, which owns Malaysia's budget airline AirAsia, is progressing with plans for the listing of AirAsia Aviation Group Ltd and airasia Super App in New York, its chief…