SEA
Convergence between marketplaces & social media will continue in e-commerce, says Intrepid CEO Jasper Knoben [ORIGIN Innovation Awards Q&A]
In the interview, Knoben also shared what are the challenges faced by startups or innovators in this post-pandemic environment and Intrepid’s strategies to address these challenges.
ScaleUp Malaysia announces investments in 11 emerging startups
Growth stage accelerator ScaleUp Malaysia, in partnership with Quest Ventures, Indelible Ventures, and Mranti signalled the culmination of its third cohort with the unveiling of its selection of top startups. The companies selected by Quest Ventures for co-investment were GuruInnovtif, Open Academy, MadCash, SpareXHub, VireServe, and WaSushi. Indelible…
PropertyGuru delivers over $74.36M revenue in 2021, beats full year forecast
PropertyGuru Group said Monday its total revenue increased by 22.7 percentto S$100.7 million ($74.36 million) from S$82.1 million ($60.63 million), reflecting rising confidence in the property market .This is also 3.3 percent better than the group’s 2021 forecast of S$97.5 million ($72 million).
Society Pass acquires Vietnam online grocery delivery service Handycart
Society Pass Incorporated (SoPa) has acquired Dream Space Trading Company Limited, the operator of Handycart. The newly acquired company will be integrated into SoPa's food and beverage delivery vertical with SoPa's existing merchant software platform #HOTTAB,
VCs scout opportunities in MedTech despite higher valuation fueled by pandemic
A growing population of more than 600 million with a combined GDP of more than $3 trillion and a rapid growth of the middle class are expected to fuel strong demand in healthcare coverage in Southeast Asia.
Fave launches Southeast Asia tech hub in Kuala Lumpur, Malaysia
Fave has launched tech hub in Kuala Lumpur, Malaysia. As a part of Fave’s efforts in evolving the fintech landscape, the new tech hub will serve as a platform to groom top class engineering talents and drive digital innovation in Southeast Asia.
Alibaba halts talks to raise $1B before Lazada IPO – report
It was reported that Alibaba had hoped to secure at least $1 billion but backed off after failing to secure its envisioned valuation.
Malaysia’s Penang state government launched fourth seed fund for tech startups
Priorities will be given to Internet of Things (IoT), Advanced Manufacturing, Consumer Digital, EdTech, Health Tech, Clean Tech companies.
Carsome plans to build more used car refurbishment centers in Malaysia, Indonesia & Thailand
Carsome has on Tuesday launched the so-called Carsome Certified Lab in Malaysia, which claimed to be Southeast Asia’s largest car refurbishment facility.
Temasek-backed Zilingo seeks to raise $150M-$200M – report
Zilingo will be joining a number of companies in Southeast Asia raising funds.
