SEA

Indonesia’s J&T Express invests $136M for logistics center in Malaysia

J&T Express, an Indonesia-based international express logistics company, announced Tuesday it has invested MYR600 million ($136.46 million) to purchase a 30-acre parcel of…

Singapore’s used car platform Carro buys 50% stake in Indonesian rental firm MPMRent – report

Southeast Asian online used-car marketplace Carro has acquired a 50 percent stake in the rental unit of Indonesian automotive group PT Mitra Pinasthika Mustika Tbk for nearly $54…

Vietnam’s Society Pass acquires Singapore blockchain/Web3 mobile virtual network operator Gorilla Networks

Society Pass Incorporated (SoPa), Vietnam-based data driven loyalty and ecommerce ecosystem, announced Monday that it has acquired Singapore-based Gorilla Networks Pte Ltd…

Indonesia’s GoTo expands its sustainability commitments

PT GoTo Gojek Tokopedia Tbk (GoTo Group), the largest digital ecosystem in Indonesia, announced Friday that it has expanded its ‘Three Zeros’ commitments (Zero Emissions, Zero…

Indonesia’s Traveloka nears $200M funding after SPAC talks – report

Indonesia-headquartered online travel unicorn Traveloka is said to be close to raising more than $200 million from investors after ending talks to go public via a merger with a…

Applications are now open for TiE SEA Women’s Pitch Competition 2022

Great opportunity for Female Founders in Southeast Asia! A chance to win equity-free prize money of $100,000 TiE Singapore is delighted to be hosting the Southeast Asian edition…

Malaysia’s home services platform Kaodim to cease operations next month

Malaysia-based home services platform Kaodim will cease operations starting from July 1, citing prolonged COVID lockdowns among the challenges it faced. "So it is with a heavy…

Thai startup ZTRUS aims to double revenue as it expands in home country & regionally

Thailand-based automatic data entry service platform ZTRUS, which plans to raise Series A funding this year, aims to scale further in its home country and explore expansion…

Airasia Super App launches e-hailing service in Thailand

The Airasia Super App, which was officially launched in Thailand earlier in February announced Tuesday the start of operations for its e-hailing service, Airasia Ride in Bangkok.……

GoTo’s 1Q22 gross revenue grows 53 percent to $357.38m

PT GoTo Gojek Tokopedia Tbk (GoTo Group), the largest digital ecosystem in Indonesia, announced Monday that its gross revenue for the first quarter of 2022 (1Q22) increased by 53…