SEA

Bain: SEA private equity deal value falls 52% in 2022

Southeast Asia’s (SEA) private equity (PE) market deal value fell 52 percent in 2022 compared to the previous year, with deal count also declining 15 percent year-on-year, Bain & Company (Bain) said Thursday.

Foodpanda partners TADA for new user benefits in Asia

Foodpanda, Asia’s largest food and grocery delivery network outside of China, has entered into a strategic partnership with TADA, a blockchain-based ride hailing platform in Singapore, to introduce new user benefits for customers in Asia, starting with Singapore and Cambodia.

Breakeven is near for Malaysian unicorn Carsome, says CEO Eric Cheng

“We've been seeing consistent growth coming not just from the volume of the transactions but at the same time, the margin potential has also been increasing with the help of retail business and ancillary services,” its Co-Founder and Chief Executive Officer Eric Cheng said .

UOB partners Lazada for enhanced payments and financial services in Southeast Asia

Singaporean multinational banking group United Overseas Bank Limited (UOB) and international e-commerce company Lazada Group have entered a Memorandum of Understanding (MOU) to collaborate on retail products and banking solutions for their combined customer base in five key Southeast Asian markets, namely Singapore, Malaysia, Indonesia, Thailand and…

Funding Societies crosses $3B in SME lending

Funding Societies | Modalku, the Singapore-based unified small and medium-sized enterprise (SME) digital finance platform, has on Tuesday announced it has achieved $3 billion over more than 5 million transactions of business financing to SMEs across the Southeast Asian region.

Analyst sees Malaysia emerging as data center in Asia

Analyst said Thursday it sees Malaysia as an emerging data center hub in Asia, with supportive pro-business policies to attract and retain data center investors.

Sustainable tech funding in SEA is growing 2.5 times faster than the global average, says Robocash

Starting from 2020, the average year on year increase in the number of Southeast Asian (SEA) sustainability tech companies is 15.23 percent, exceeding the world average of 10.95 percent by 4.3 percentage points, said analysts at Robocash Group on Thursday.

Axiata’s Boost to leverage ecosystem as it prepares to launch its digital bank. Here’s how and why. [Q&A]

TechNode Global talked to Boost Chief Executive Officer Sheyantha Abeykoon to learn about the company’s plan and strategy as it prepares to launch one of the digital banks in the country.

2023 VinFuture InnovaTalk series: applying new technologies to increase agriculture production while reducing post-harvest losses

The VinFuture Foundation's launch of the 2023 InnovaTalk series on agriculture has highlighted the potential for new technologies to revolutionize the industry.

ORIGIN Conference Explores the Future of Southeast Asia’s Tech Landscape at BEYOND Expo 2023

ORIGIN Conference, a Southeast Asia-focused content track at BEYOND, is an exclusive event that brings together industry leaders, investors, and innovators to discuss the rapidly evolving landscape of Southeast Asia's technology ecosystem. ORIGIN will feature an exciting lineup of keynote speeches, panel discussions, and showcases, providing valuable…