Thailand
Thailand’s LINE MAN Wongnai raises $265M Series B funding led by GIC and Line
LINE MAN Wongnai, a Thailand-based food delivery startup, announced Monday that it has raised $265 million in a Series-B investment round led by GIC, Singapore’s sovereign wealth fund, and LINE Corporation. This fundraising round was also joined by BRV Capital Management, PTT Oil and Retail Business Public Company Limited (OR), Bualuang Ventures and Taiwan…
Alibaba Cloud to invest $1B as it unveils strategic roadmap for international business
Alibaba Cloud commits to $1 billion investment to boost ecosystem capabilities while showcasing new products and comprehensive customer support for complete services.
US’s Orbital Insight expands to Southeast Asia with Thailand as its first target
Orbital Insight, a geospatial analytics and location intelligence solutions provider based in Palo Alto, California, announced Thursday its expansion into Southeast Asia. The firm has recently announced its first partnership in the region with Thaicom, Thailand’s leading satellite operator and provider of integrated satellite communications.
Thai Forward raises $5M seed round led by Primestreet Capital global VC fund
Forward, a Thai digital asset and blockchain startup focusing on protocol development for decentralized derivative exchange and DeFi platform, said Monday it has successfully closed its $5 million seed round within just six months of fundraising.
Korea’s Naver Z joins hands with Thailand’s True to power metaverse ecosystem in Thailand
Naver Z, affiliate of South Korea-based internet giant Naver Corp., announced Thursday that the company has signed a memorandum of understanding (MoU) with Thailand's biggest communications conglomerate True Corporation to build a global metaverse hub for creators.
Indonesia rolls out cross-border QR payment linkage with Thailand
Bank Indonesia (BI) and the Bank of Thailand (BoT) announced to move from piloting phase to the implementation phase of cross-border QR payment linkage on Monday. The piloting phase of cross-border QR payment linkage between Indonesia and Thailand, launched on August 17, 2021, has been running successfully. For the implementation phase, 76 payment system…
Lights, camera, accelerator! Techsauce Global Summit opens with news of startup & SME supports
An estimated 10,000 attendees, 1,500 startups, 300 speakers are expected to turnout by the end of the two-day event, which is currently underway in physical form at ICONSIAM, Bangkok for the first time in two years.
Techsauce launches Thailand Accelerator to enhance competitive edge for Thai startups in the region
Techsauce has partnered with PeerPower, a crowdfunding bond platform to encourage further fundraising activities among Thai startups to increase the competitive edge for Thai businesses in the region.
Google Cloud to bring its first cloud regions to Malaysia, New Zealand, and Thailand
Google Cloud on Wednesday announced its plans to bring three new Google Cloud regions to Malaysia, Thailand, and New Zealand, to meet growing demand for cloud services in Asia Pacific. The three regions will join six other previously announced Google Cloud regions, namely Berlin, Dammam, Doha, Mexico, Tel Aviv, and Turin.
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…
