SEA

Momentum Works: Southeast Asia food delivery spending grows 13 percent to $19.3B in 2024

Southeast Asia’s food delivery spending grew 13 percent year on year to $19.3 billion in 2024 with Vietnam and Indonesia leading growth, Momentum Works said Monday.

Quest Ventures expects upticks of M&As, IPOs in 2025 [Q&A]

We talked to James Tan, Managing Partner at Quest Ventures, to learn more about the firm’s achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Southeast Asia for the new year.

Gobi Partners backs ArmourZero to boost cybersecurity for SMEs across Southeast Asia

Gobi Partners, an Asian venture capital firm, has announced a strategic investment in ArmourZero Holdings Pte Ltd, a cloud-based cybersecurity platform offering AI-powered application security and security-as-a-service (SECaaS).

Maybank : concern raised as Temu may turn aggressive in ASEAN amid US challenges

Maybank Investment Bank said Wednesday that the elimination of de minimis exemption by the United States has raised concerns among investors that Chinese e-commerce firm Temu may become aggressive in ASEAN.

Digital 2025: nearly two thirds of Southeast Asia’s population are on social media

Nearly two thirds (61.5 percent) of Southeast Asia’s population are on social media making up 10.2 percent of the global share of social media identities, Meltwater and We Are Social said Monday.

East Ventures, SV Investment announce first close of $100M Southeast Asia-South Korea investment corridor fund

East Ventures, a venture capital firm in Indonesia and Southeast Asia, and SV Investment, a publicly listed venture capital and private equity firm headquartered in South Korea, have on Monday announced the first close of their $100 million Southeast Asia fund.

Maybank foresees positive synergy from potential Grab-Gojek merger

Maybank Investment Bank said Thursday that the potential merger deal between Grab and Gojek could lead to annual synergies of $106 million to $209 million and as such would be positive.

Indonesia’s Alpha JWC Ventures: 2025 provides opportunity for startups to build resilience & refine strategies [Q&A]

We talked to Chandra Tjan, Co-Founder & General Partner Alpha JWC Ventures to learn more about the firm’s achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Southeast Asia for the new year.

AirAsia X announces the extension of time to complete the acquisition of Capital A’s aviation business

The timeline has been extended by two months, from Jan 25 to Mar 24, 2025, allowing both parties additional time to finalize the transaction for AAAGL and AAB.

Creador Founder and CEO Brahmal Vasudevan

Malaysia’s PE firm Creador closes Fund VI at $930 million, says Founder & CEO Brahmal Vasudevan

Since its inception, the firm has raised $3.1 billion from a diverse group of global investors, including prominent corporations, foundations, family offices, and institutions.