SEA
Robocash: Singapore tops the digitalization ranking in SEA with 1588 points
Singapore tops the digitalization ranking in Southeast Asia (SEA) with 1588 points, said Robocash on Wednesday. The second place is taken by Malaysia (1495 points), and the third by Indonesia (1419 points). Vietnam had the lowest points of 1258.
Alibaba Cloud sees increase in demand from various industries in Malaysia market, says VP [Q&A]
In the interview, Alibaba Cloud Vice President and General Manager of Enterprise Service Cloud William Xiong also shared about how digitization can help carbon neutralisation, insights on the latest development and technology for carbon management, Alibaba’s own approach to carbon reduction, among others.
Trip.com partners Chope to provide instant restaurant reservations to Southeast Asian-bound travellers
China-based global travel platform Trip.com Group has partnered with Singapore-based dining platform Chope to provide instant restaurant reservations to Southeast Asian-bound travellers.
Grab could achieve adjusted EBITDA breakeven in 3Q following layoff exercise, say CGS-CIMB analysts
“Layoff exercise in June leads us to believe Grab can achieve adjusted EBITDA breakeven in 3Q23F (forecast), one quarter ahead of guidance,” CGS-CIMB analysts Ong Khang Chuen and Kenneth Tan wrote in a research note on Thursday.
Alibaba injects $845M into Southeast Asia unit Lazada- report
Founded in 2012, Lazada Group is one of the leading eCommerce platforms in Southeast Asia. It is available in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam.
GrabAds launches ‘Marketing Manager’ to help MSMEs in Southeast Asia to spur sales
GrabAds, the advertising arm of Southeast Asian superapp Grab, has launched Marketing Manager - a web-based marketing platform that gives small and medium-sized businesses full control and more robust capabilities to design and expand marketing campaigns that drive more sales on Grab.
Malaysia’s CapBay achieves profitability last year, celebrates $220M milestone in P2P financing
CapBay said it has achieved a significant milestone by providing over MYR1 billion ($220.91 million) in funding to more than 400 underserved small and medium enterprises (SMEs) in Malaysia. This is the result of successful financing through 7,600 investment notes, underscoring CapBay's commitment to empowering SMEs and offering attractive investment…
FinTech investments in ASEAN soars to $4.3B in the first nine months of 2022, says report
FinTech investments in ASEAN clocked in at $4.3 billion in the first nine months of 2022 — higher than the combined sum from 2018 to 2020, said a report Friday. According to the report released by professional services firm PwC Singapore, the Singapore Fintech Association (SFA) and Singapore Economic Development Board (EDB), with emerging economies, an…
Home loans and online loans are the most popular in SEA, says Robocash
Home loans and online loans are the most popular in Southeast Asia, Robocash Group said on Thursday. Based on search requests related to lending, housing loans make up 46 percent of all queries over the past 12 months. The second place by popularity is taken by online loans (30 percent).
