SEA
Techsauce launches Thailand Accelerator to enhance competitive edge for Thai startups in the region
Techsauce has partnered with PeerPower, a crowdfunding bond platform to encourage further fundraising activities among Thai startups to increase the competitive edge for Thai businesses in the region.
Sea Limited net loss widens in second quarter
Singapore-based consumer internet firm Sea Limited said Tuesday that its net loss in the second quarter has widened to $931.2 million from $433.7 million a year ago, amid higher expenses.
The Flexi Group merges Common Ground, the Hive and The Cluster to create largest flexible workplaces in Asia-Pacific
The Flexi Group is launching as the largest operator of flexible workspaces in Asia-Pacific, merging regionally-recognised brands Common Ground, the Hive and The Cluster under one umbrella.
Icetea Labs, Polygon and Alpha Venture DAO announce inaugural Web3 accelerator program for SEA region
Web3 leading incubator Icetea Labs announced Monday the creation of its inaugural Web3 accelerator program in conjunction with Polygon, one of the top blockchain development platforms offering scalable and sustainable blockchains and Alpha Venture DAO, the leading Web3 venture builder and incubator in Southeast Asia.
Funding Societies launches enhanced SME-focused term financing BizFund
Funding Societies, the largest small and medium-sized enterprises (SME) digital financing platform in Malaysia and Southeast Asia, announced Monday its latest enhanced product BizFund, to support creditworthy underserved Malaysian SMEs returning to their full economic potential as markets recover following the outbreak of the Covid-19 pandemic.
Vietnam’s Society Pass marks first foray into Indonesia by acquiring Jakarta-based NusaTrip
Society Pass Inc (SoPa), a Vietnam-based next generation digital ecosystem, announced Monday the acquisition of NusaTrip, a leading Jakarta-based online travel agency (OTA) in Indonesia and across Southeast Asia (SEA). The NusaTrip acquisition extends SoPa's business reach into the booming SEA regional travel industry and marks SoPa's first foray into…
Grab launches GrabScholar Program and GrabMerchant Center in Singapore
Grab, Southeast Asia’s leading superapp, announced Thursday two new initiatives to drive inclusive growth in Southeast Asia at the official opening of its Headquarters @ Singapore. The new initiatives include a $1 million GrabScholar Programme to disburse scholarships and bursaries to students across Southeast Asia, and a new GrabMerchant Centre to help…
Xpdite Capital Partners scouts opportunities in Southeast Asia with a focus on seed stage startups [Q&A]
In the interview, Lomnitz shared the challenges Xpdite faces when it invests in seed-stage startups and how they manage risks. He also shared his views on the startup ecosystem in Southeast Asia and gave several suggestions for the tech ecosystem to improve.
Vietnam’s Society Pass acquires Thai media firm Thoughtful Media Group
Vietnam-based loyalty and ecommerce firm Society Pass Inc (SoPa), on Wednesday announced the acquisition of Thoughtful Media Group (TMG), a social commerce-focused, premium digital video MPN headquartered in Thailand with an operating presence in the US, Vietnam, and Philippines. The acquisition of TMG marks SoPa's first foray into Thailand and adds to…
Malaysia’s Vynn Capital shares research insights on Southeast Asia cross-border commerce landscape
Southeast Asia, in general, sees more consumers purchasing cross-border goods as digital platforms become more mainstream. This trend has attracted more investment dollars into the supply chain industry, due to the integral role of technology in scaling logistics infrastructure to support growing consumer and SME demand.
