Thailand
AirAsia to acquire Gojek’s Thai operations for $50M via share swap deal
The purchase considerations for the proposed acquisitions will be wholly satisfied by the issue of new shares in the AirAsia SuperApp. Gojek will own 4.76 percent in AirAsia SuperApp after the proposed acquisition.
With Flash Express entering Unicorn status, will we see more Southeast Asia Unicorns emerge?
The logistics startup plans to use the fresh funding to expand into more communities, introduce payments services, and support online merchants through loans. Earlier this year, the company launched in Laos, and it also plans to enter Cambodia, Myanmar, and Vietnam.
With 407M fans and 52B annual views on its belt, POPS Worldwide seeks to raise $50M Series D for regional expansion
The company is targeting to start its fundraising for its Series D within the year with a target of $50 million. POPS Worldwide shared that it plans to use the projected amount to “further innovate, grow and expand across Southeast Asia, starting with the Philippines, as well as go deeper into Indonesia where the company is seeing impressive traction.”
Thai FinTech startup atato raises $1M in Seed round led by Zipmex and SOSV
atato plans to use its fresh capital to continue working on its digital assets products and to strengthen its teams, security, and compliance. It plans to continue helping companies create, store, and manage digital assets in full compliance with any local digital assets regulations. The company specifically wants to work on compliance in the areas of…
ORIGIN: Sizzling innovations in FoodTech are enhancing taste, nutrition, and sustainability
In this TechNode Global feature on the winners at the ORIGIN Innovation Awards -- Startup Awards in Food Tech, we caught up with the founders of Sesamilk and HERO Protein to find out how their innovations are contributing to better food and improved sustainability in Asia and globally.
Hobby lifestyle e-commerce platform Mercular raises $3M Series A led by Kairous Capital
The fresh capital will help fuel Mercular’s goal to build a fully integrated value chain and community around the hobby lifestyle category, particularly through building its hobby lifestyle ecosystem.
AddVentures appoints Prakit Worawattananon as Managing Director to leverage SCG resources and start expansion
With four years of investments, AddVentures aims to scale its operations as it selected Prakit as its Managing Director. He has led AddVenture’s effort to lead and scale since January 2021. Prakit brings in his experience in logistics, packaging, chemicals, construction materials after leading SCG’s Zero-To-One and DeepTech Innovation.
Webinar: Cashing in on Thailand’s digital economy, on August 26 2020
Join us for a webinar as we shine a light on Thailand's social commerce, market opportunities, potential pitfalls, and initiatives supporting foreign companies.
Line’s food delivery app in Thailand takes a big swing at Grab, Gojek
The major move should boost Line Man as demand for deliveries soar.
