SEA
Southeast Asia ecommerce achieves $ 99.5B GMV in 2022, says Momentum Works
Southeast Asia Ecommerce achieved $99.5 billion gross merchandises value (GMV) in 2022, 1.8 times that of 2020 - the first year of the pandemic, a report showed Thursday. Momentum Works said in a statement that despite strong headwinds in Southeast Asia’s ecommerce sector in 2022, growth and competition continued.
Tap into the Potential of China’s Revitalized Greater Bay Area with TechNode Global
TechNode Global is thrilled to present two tech forums in Seoul and in Singapore, aiming to unlock the potential of China's revitalized Greater Bay Area. The forum will bring together industry leaders, entrepreneurs, and professionals to explore opportunities for expansion, networking, and knowledge sharing.
Malaysia central bank, ASEAN 5 to set up multilateral platform for cross-border payment connectivity
A key highlight at the symposium is the showcasing of Malaysia’s cross-border QR payment linkages with Indonesia, Singapore, and Thailand. It features an exhibition with food vendors from Malaysia, Indonesia, Singapore, and Thailand.
Nokia, NAVER Cloud collaborate to bolster digital transformation in Southeast Asia
Finnish telecom equipment maker Nokia Nokia and South Korean technology firm NAVER Cloud Corp. announced Thursday that they have signed a Memorandum of Understanding (MoU) to bolster the digital transformation in the Southeast Asia (SEA) region.
Green investment in SEA falls 7 percent year-on-year to $5.2B in 2022, a report shows
Green investment in Southeast Asia (SEA) fell 7 percent to $5.2 billion in 2022 from $5.6 billion in 2021, continuing a downward trend from previous years. a report showed Tuesday.
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.
