SEA
SEA,Malaysia,eCommerce,Investments
Carsome launches largest experience center in Malaysia
Southeast Asia’s largest integrated car e-commerce platform, Carsome, has elevated its hassle-free car buying experience with the launch of Carsome PJ Automall, its biggest experience center to-date in Malaysia and first that comes with electric vehicle charging stations.
June 9, 2022
News,SEA,Transportation,Singapore
Grab launches mapping service GrabMaps
Singapore-based super app Grab Holdings Limited announced Wednesday the launch of GrabMaps, a new enterprise service that will allow the company to tap into the $1 billion market opportunity in Southeast Asia per year for mapping and location-based services.
June 8, 2022
News,Singapore,SEA,Sustainability
Southeast Asia primed for investments to bridge sustainability opportunities, says Bain & Co, Temasek report
SEA needs to move from promises to action and bridging the gap between opportunities and results will be a key milestone. We remain bullish on the $1 trillion economic opportunities in SEA, but we need to step up as a region to strengthen the investable market and increase green capital flows,” said Dale Hardcastle, Partner and Director of the Global…
June 8, 2022
News,Sustainability,SEA,Malaysia
Gobi Partners publishes inaugural Sustainability Report
"It is especially poignant for Gobi to publish our first Sustainability Report during Pride Month and on World Environment Day, and we look forward to further advancing and promoting environmental stewardship, social progress, and good governance through our work highlighted in this report and our sustainability initiatives in the future," Gobi said.
June 7, 2022
Indonesia’s J&T Express invests $136M for logistics center in Malaysia
JT 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 land in Bandar Rimbayu, Selangor, Malaysia, to build a logistics center. The land will be used to build an integrated logistics center for express distribution, logistics and…
June 7, 2022
Singapore’s used car platform Carro buys 50% stake in Indonesian rental firm MPMRent – report
MPMRent is one of Indonesia's leading car rental firms with a fleet of more than 13,000 cars and provides financing services.
June 7, 2022
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 (Gorilla), a next generation Web3-enabled mobile virtual network operator (MVNO). SoPa said it will incorporate Gorilla Networks’ proprietary blockchain/Web3 technology onto the rest of…
June 6, 2022
News,FinTech,Indonesia,SEA,eCommerce,Transportation
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 Waste, Zero Barriers) across its ecosystem, forming a consolidated approach and strategy for the company, united behind common sustainability goals.
June 3, 2022
Indonesia’s Traveloka nears $200M funding after SPAC talks – report
Traveloka had been valued at $3 billion, according to CB Insights, but Bloomberg reported in 2020 that it was seeking funds at a lower valuation.
June 3, 2022