SEA
Japanese unicorn Sansan plots Southeast Asian expansion despite recession fear [Q&A]
In the interview, Senju also shared his views on the opportunities and challenges he sees in Southeast Asia.
Malaysia’s Capital A ‘progressing’ with AirAsia Aviation, airasia Super App New York listing plan – report
The listing in the US market would be attractive given the liquidity and the diverse investor reach that it can provide, Capital A previously said.
Surge in digital adoption shows no sign of slowing down, Telenor survey shows
Surge in digital adoption shows no sign of slowing down as three in four expect mobile usage to increase, with Thai respondents leading this trend, a study showed Monday.
Li Ka-shing-funded Horizon Ventures ‘sees gold’ in Southeast Asia – report
The investment firm has set up a Singapore office earlier this year. Its notable exits include include Meta, Razer, and Zoom, data platform Crunchbase showed.
Lights, camera, accelerator! Techsauce Global Summit opens with news of startup & SME supports
An estimated 10,000 attendees, 1,500 startups, 300 speakers are expected to turnout by the end of the two-day event, which is currently underway in physical form at ICONSIAM, Bangkok for the first time in two years.
PropertyGuru’s 2Q revenue rises 44 percent as all business segments grow
Singapore-based proptech firm PropertyGuru saw its revenue for the second quarter ended June 30 rose 43.6 percent to S$33.03 million ($23.74 million) from $23 million ($16.53 million) a year ago, underpinned by growth across all markets and business segments.
Grab’s 2Q revenue rises 79 percent on higher mobility and deliveries contribution
Southeast Asia’s super app Grab announced Thursday that its revenue surged 79 percent year on year to a record high of $321 million, driven by strong growth in mobility and deliveries revenue, including contributions from its recently-acquired Malaysian retail chain Jaya Grocer.
Singapore’s Genesis Alternative Ventures launches $150M second venture debt fund
Following the success of its debut $90 million fund in 2019, Singapore-based venture capital firm Genesis Alternative Ventures has launched its second venture debt fund to raise $150 million to finance start-ups across Southeast Asia. Almost half the fund was raised at first close earlier this month.
Singapore’s HealthTech firm Qritive aims to improve cancer diagnosis through AI [Q&A]
In the interview, Sathe also shared his views on the overall MedTech industry in Southeast Asia. Contrary to the general perception that it is often dominated by the western or advanced nations, he expects startups in Asia and Southeast Asia could completely transform the industry.
Coca-Cola and Grab join hands to drive growth and digitalisation in Southeast Asia
Global beverage company Coca-Cola and Southeast Asia’s leading superapp Grab announced Thursday an integrated regional partnership that will build on Coca-Cola’s extensive offline retail presence and Grab’s large online network to unlock growth opportunities in a booming digital consumer market.
