SEA

[Discover Vietnam Tech] More Vietnamese startups to expand beyond domestic market, Ascend Vietnam Ventures observes

In the interview, Binh Tran also shared his views and suggestions on how to improve the tech ecosystem in Vietnam and AVV’s fundraising plan, among others.

J&T Express launches first self-built smart supply chain industrial park in China

Spanning 150,000 square meters, the new facility can process up to 6 million parcels per day at peak capacity, ensuring strong logistics support ahead of the upcoming “Double 11” shopping festival.

Singtel launches AI cloud service for enterprises

Singtel announced on Thursday the launch of RE:AI, its new Artificial Intelligence Cloud Service (AI Cloud) offering, aimed at democratizing AI to make it widely available to organizations. This gives enterprises and public sector customers affordable access to AI technologies that can seamlessly transform their operations without needing to invest or…

Alipay+ transactions triple in 2024 as travel industry embraces cross-border digital payment & marketing technology

In the first nine months of 2024, the number of people using Alipay+ payment partner apps while abroad increased by three times, and the number of transactions increased by more than three times.

Japan’s estie, inc. raises $20M in Series B led by Vertex Growth & DBJ

The latest round was led by Vertex Growth, a growth-stage venture capital fund anchored by Vertex Holdings, a subsidiary of global investment company Temasek, and Development Bank of Japan (DBJ).

UNODC estimates financial losses between $18B and $37B from scams in East and Southeast Asia in 2023

UN Office on Drugs and Crime (UNODC) has on Monday estimated financial losses between US $18 billion and $37 billion from scams targeting victims in East and Southeast Asia in 2023 alone, with a high proportion of these losses attributed to scams committed by organized crime groups in Southeast Asia.

MDEC & martech web3 firm Emerge Group form strategic partnership to propel Malaysia as a Web3 gaming hub in SE Asia

EMERGE Group will leverage its extensive network of Web3 gaming partnerships, including collaborations with Gala Games, Immutable X, TZ APAC, Sei and other leading Web3 gaming projects, to identify synergies and advance Web3 game publishing.

Tracxn : SEA tech startups funding plunges 59 percent in first nine months of 2024

Southeast Asia (SEA) tech startups funding plunge 59 percent in the first nine months of 2024 amid global challenges, a report said Friday.

ASEAN GenAI sector funding seen to grow 50 percent year-over-year in 2025

GenAI Fund, through its latest report, has projected the funding for ASEAN generative artificial intelligence (GenAI) sector to increase 50 percent year-over-year in 2025.

Filipino fintech firm Salmon completes $30M Series A-2 financing round

Salmon intends to allocate a portion of the proceeds to strengthen the capital base of the Rural Bank of Sta. Rosa (Laguna), with plans to increase the bank's total capital to PHP 1.2 billion by the end of 2025.