Singapore

South Korea’s Bunjang Global surpasses 2M monthly active users, accelerating K-recommerce growth across Singapore, APAC

Bunjang, South Korea’s tech-driven re-commerce platform, announced Wednesday that its global cross-border marketplace, Bunjang Global, has surpassed two million monthly active users, cementing its position as the new global benchmark for K-recommerce.

Alipay+ partners Grab to make ride hailing services available to global digital wallet users

Alipay+, Ant International’s global wallet platform, and Grab, Southeast Asia’s superapp, have announced the integration of Grab’s ride-hailing services into Alipay+ Voyager, its inbuilt end-to-end artificial intelligence (AI) travel agent.

Ant International recognized as an inaugural foreign institution partner by China’s cross-border interconnection payment gateway

Ant International and Alipay are the largest player in the CPG scheme with the largest number of card network and wallet partners, the broadest use cases and largest business volume.

Singapore’s UltraGreen secures $188M strategic investment led by 65 Equity Partners, Vitruvian Partners

UltraGreen.ai (UltraGreen), a Singapore-based fluorescence-guided surgical technologies and precision healthcare solutions provider, announced Monday the signing of a $188 million strategic investment led by 65 Equity Partners (65EP) and Vitruvian Partners (Vitruvian).

Singapore’s Atomionics secures $12.7M Pre-Series A funding to fast-track resource exploration with quantum tech in Australia, North America

Singapore-based deep tech startup Atomionics has received a $12.7 million Pre-Series A round to rapidly scale its quantum gravimetry sensors for mineral discovery.

Maybank sees AI demand spurs neocloud race in Asean

Maybank Investment Bank has foreseen artificial intelligence (AI) demand to spur neocloud race in ASEAN.

NUS Enterprise boosts deep tech growth through new co-investment framework with SG Growth Capital, Lotus One Investment

NUS Enterprise, the entrepreneurial heart of the National University of Singapore (NUS), announced Tuesday two major co-investment partnerships and an international education initiative to strengthen Singapore’s role as a global innovation hub for deep tech.

Ant International’s Alipay+ to launch in Saudi Arabia

The Saudi Central Bank (SAMA) and Ant International, a global digital payment firm, will launch cross-border QR code payments between the Kingdom of Saudi Arabia’s (KSA) national payment scheme, mada, and Ant International’s global wallet gateway, Alipay+, during 2026 to drive digitization and inclusive growth for local merchants.

Ant International’s Alipay+ to become official payment partner of the Laver Cup

Laver Cup and Alipay+, part of Ant International, a global digital payment, digitization and financial technology provider, have on Monday formally announced a new long-term strategic partnership which will begin at Laver Cup San Francisco 2025, to be held at the Chase Center from September 19-21.

Maybank sees minimal impact from Sea’s Shopee seller commission raise

Maybank Investment Bank said Friday that it sees minimal pushback from the second round of seller commission raise from Sea's e-commerce arm Shopee.