SEA
TNGlobal Tracker: Startup Funding Snapshot for November 2024
In November, early-stage funding dominated at 70.5 percent of the total investments, while seed-stage funding contributed 29.5 percent, reflecting a focus on early-stage investments.
Rethinking Venture Capital: How Gobi Partners’ value-driven strategy achieved three exits in one year
Despite headwinds, Gobi Partners saw three of its portfolio startups exit over the last year, generating $350 million in total value with a 20x return on investment. The companies represent diverse sectors and exit strategies: e-commerce enabler Synagistics’ de-SPAC in Hong Kong, Mize’s acquisition by Korea’s Yanolja and Brite Semiconductor’s IPO on the…
Ant International joins Swift’s network interoperability reference implementation program to explore innovations in cross-border treasury management solutions
The program is a pre-pilot designed to improve payment transparency in cross-border payments, by exploring the business scenarios on cross-border end-to-end transactions tracking through banks, PSPs and tracking on e-wallet use cases.
Deloitte report: Fewer than two-thirds of organizations in SEA believe their employees have the capabilities to use AI responsibly
The report is based on a survey of nearly 900 senior leaders across 13 Asia Pacific geographies, including six Southeast Asia (SEA) geographies – namely, Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam – whose responses were assessed against Deloitte’s AI Governance Maturity Index to identify what good AI governance looks like in…
Grab picks AWS as preferred cloud provider to drive technology innovation and growth
Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company , announced Thursday that Grab, Southeast Asia’s leading superapp, has selected AWS as its preferred cloud provider.
Consistent Q3 2024 momentum positions Malaysia’s Carsome for first full profitable year
Carsome Group continues to deliver record profitability, with adjusted EBITDA increasing over 3x quarter-on-quarter (QoQ).
Coca-Cola, Grab expand partnership to deliver innovative consumer experiences in Southeast Asia
Singapore-based superapp Grab and global soft drink manufacturer Coca-Cola are advancing their strategic partnership in Southeast Asia to better engage today’s increasingly hybrid shoppers.
Deloitte’s tech, media & telecoms 2025 predictions: Generative AI paves way for transformative future
By addressing challenges in infrastructure, gender equity, energy consumption, trust, and capabilities, the industry could be poised for a significant leap forward and is well positioned to determine the future of Al’s legacy.
Indonesia’s AC Ventures & PwC Indonesia release Cybersecurity Playbook for private sector amid rising digital threats
Titled “Cybersecurity Playbook for Startups,” the comprehensive guide addresses the growing need for robust cyber defense mechanisms among new ventures and scale-ups alike, particularly as such threats continue to evolve and become more advanced with the rise of generative AI (GenAI), advanced cloud tech, quantum computing, and more.
ASEAN stock exchanges to explore centralized ASEAN ESG data infrastructure
ASEAN-Interconnected Sustainability Ecosystem (ASEAN-ISE) participating exchanges have issued a request for information (RFI) to develop a centralized ASEAN environmental, social, and governance (ESG) data infrastructure.
