SEA

Funding Societies co-invests with Carro in Indonesia’s Bank Index

Funding Societies (also known as Modalku in Indonesia), a Singapore-based small and medium enterprises (SME) digital financing platform, on Tuesday officially announced its…

Singapore’s The GrowHub partners Vietnam’s Society Pass to provide Australian food products

Singapore-based food and agri-tech company The GrowHub Innovations Company (The GrowHub), announced Friday that it has signed a strategic marketing partnership Memorandum of…

Eric Cheng, CEO of Carsome Group

Malaysia’s Carsome to list on NASDAQ at $2B valuation – report

Southeast Asian used car marketplace Carsome is said to be raising $300-400 million at a valuation of about $2 billion for its upcoming IPO on NASDAQ, DealStreetAsia reported on…

Sunway iLabs, Carsome to launch Malaysia’s first auto ecosystem accelerator

Sunway Innovation Labs (iLabs), the innovation arm of Malaysia conglomerate Sunway Group announced on Friday a joint partnership with Carsome, Southeast Asia’s largest integrated…

Vietnam’s Society Pass spins-off lifestyle e-commerce arm Leflair into Leflair Group

Society Pass Inc (SoPa), a Vietnam-based loyalty and ecommerce firm, announced Friday the completion of restructuring Leflair's Vietnam operations with the spin-off of Leflair…

EY: Global IPO market sees significant slowdown in Q1; Malaysia’s exchanges lead by proceeds in Asean

After record-high levels of global IPO activity in 2021, volatile market conditions have resulted in a significant slowdown during the first quarter of 2022, according to EY, an…

Funding Societies partners Dedoco to offer digital signing service

Funding Societies, Southeast Asia’s largest small and medium enterprise (SME) digital financing platform, announced Wednesday that it has partnered Dedoco, a Singapore-based…

Indonesia tech giant GoTo shares close 13% up on market debut

Editor's note: updated with ZWC Partners' comments  Shares of Indonesia tech giant GoTo Group closed 13.02 percent higher at IDR382 on Monday, its first trading day on the…

airasia Super App collaborates with Google Cloud for digital growth

airasia Super App, the digital travel and lifestyle platform of AirAsia Group, and Alphabet Inc's Google Cloud announced on Friday a five-year strategic collaboration to advance…

Travel tech firms await ‘revenge traveling’ as Malaysia reopens, but concerns remain

The tourism industry could be one of the most affected sectors globally when COVID-19 pandemic hit starting the end of 2019. The tourism business almost came to a halt as…