SEA
Capital A plans to launch ride-hailing in the Philippines challenging Grab – report
Capital A, previously known as AirAsia Group, has been aggressively building its digital businesses and super app over the last three years as most of its planes were grounded due to travel restrictions to contain the COVID-19 pandemic. The group has hoped to build its super app, modeling regional tech giants such as Grab’s and Gojek’s super apps which…
ORIGIN Conference: Planning for Southeast Asia Expansion: Markets and Opportunities
The panelists also shared how their companies are able to expand their businesses regionally, serving their customers with better solutions enabled by the Internet and higher smartphone penetration rate. They also shared their companies’ plans and strategies. They also discussed about the latest trends in their respective industries, how to navigate in the…
Singapore private equity firm EMIA to invest in Cambodia’s FWF Full Well and Nisshin Logistics
Singapore-based private equity fund manager Emerging Markets Investment Advisers (EMIA), has on Thursday announced its investment in FWF Full Well and Nisshin Logistics (FWF), Cambodia’s logistics service provider, through its new fund, ASEAN Frontier Markets Fund (AFMF).
Singapore’s Sea Ltd winds down investment arm – report
New York-listed Sea launched Sea Capital in March 2021 with initial capital of $1 billion after buying Hong Kong's Composite Capital Management.
Society Pass’s Thoughtful Media acquires Indonesia-based KOL management agency Newave Strategic
Thoughtful Media Group Inc (TMG), the Thailand-based social commerce-focused, premium digital advertising network of Society Pass Incorporated (SoPa), has on Wednesday announced the acquisition of Newave, an Indonesia-based KOL management agency.
ORIGIN Conference: Next Generation: Different Breeds of Unicorns
The panelist first discussed about what are the key ingredients needed to build a successful startup in modern Southeast Asia. They also shared their company's strategies and plans, and the latest trends in their respective industries, among other issues.
KAF-Carsome consortium targets to launch digital bank as early as year-end
Carsome, together with FinTech firm Jirnexu and digital remittance platform MoneyMatch, forms part of the consortium led by KAF Investment Bank which will be licensed under the Islamic Financial Services Act (IFSA) 2014.
South and Southeast Asia fintechs raises $53.3B to date in alternative lending, digital banking, payments and transfers, and e-wallet
Over the entire history, fintechs in alternative lending, digital banking, payments and transfers, e-wallet sectors have raised a grand total of $53.3 billion and earned $17.8 billion, said in a study revealed by Robocash Group on last Thursday.
Lazada unveils eCommerce AI Chatbot LazzieChat in Southest Asia
Singapore-based e-commerce operator Lazada Group has released LazzieChat, the first eCommerce artificial intelligence (AI) chatbot of its kind in Southeast Asia powered by OpenAI ChatGPT technology in Azure OpenAI Service.
Softbank-backed Carro reports record EBITDA in FY2023 driven by strong recurring ecosystem ancillaries
Carro, the Singapore-based online used car platform, announced Thursday that it has recorded its best ever full-year positive earnings before interest, taxes, depreciation, and amortization (EBITDA) of $4 million for its latest financial year ending March 2023 (FY2023).
