SEA

Vietnam’s Society Pass marks first foray into Indonesia by acquiring Jakarta-based NusaTrip

Society Pass Inc (SoPa), a Vietnam-based next generation digital ecosystem, announced Monday the acquisition of NusaTrip, a leading Jakarta-based online travel agency (OTA) in Indonesia and across Southeast Asia (SEA). The NusaTrip acquisition extends SoPa's business reach into the booming SEA regional travel industry and marks SoPa's first foray into…

Grab launches GrabScholar Program and GrabMerchant Center in Singapore

Grab, Southeast Asia’s leading superapp, announced Thursday two new initiatives to drive inclusive growth in Southeast Asia at the official opening of its Headquarters @ Singapore. The new initiatives include a $1 million GrabScholar Programme to disburse scholarships and bursaries to students across Southeast Asia, and a new GrabMerchant Centre to help…

Xpdite Capital Partners scouts opportunities in Southeast Asia with a focus on seed stage startups [Q&A]

In the interview, Lomnitz shared the challenges Xpdite faces when it invests in seed-stage startups and how they manage risks. He also shared his views on the startup ecosystem in Southeast Asia and gave several suggestions for the tech ecosystem to improve.

Vietnam’s Society Pass acquires Thai media firm Thoughtful Media Group

Vietnam-based loyalty and ecommerce firm Society Pass Inc (SoPa), on Wednesday announced the acquisition of Thoughtful Media Group (TMG), a social commerce-focused, premium digital video MPN headquartered in Thailand with an operating presence in the US, Vietnam, and Philippines. The acquisition of TMG marks SoPa's first foray into Thailand and adds to…

Malaysia’s Vynn Capital shares research insights on Southeast Asia cross-border commerce landscape

Southeast Asia, in general, sees more consumers purchasing cross-border goods as digital platforms become more mainstream. This trend has attracted more investment dollars into the supply chain industry, due to the integral role of technology in scaling logistics infrastructure to support growing consumer and SME demand.

Malaysia’s Grab, Foodpanda food delivery riders on 24-hour strike, call for better fees & benefits – report

Dubbed "Food Delivery Blackout", riders who attended a press conference said that the number of p-hailing and e-hailing drivers that went on strike on Friday is still unknown, but it is happening nationwide.

Catcha Investment Corp 2.0 withdraws $250M IPO

Catcha Investment Corp 2.0 intends to focus its search on a target with operations or prospective operations in the technology, digital media, financial technology, or digital services sectors, which it refers to as the “new economy sectors”, across Asia Pacific, in particular Southeast Asia and Australia, according to its prospectus.

KPMG-HSBC report spots 10 potential unicorns in Malaysia: here’s a closer look

A recent report published by audit and advisory firm KPMG and banking group HSBC has featured 10 potential unicorns in Malaysia that are poised to make a lasting impact on the global business landscape over the next decade. We take a closer look at these companies.

Reconnect: How to Engage Employees in Hybrid Workplace [event recap]

The panelists discussed the challenges and opportunities workers faced when during the "work from home" period, the concerns employers have during those times and how can technology help companies to communicate and engage their employees better in a hybrid workplace.