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Chery Malaysia partners Carsome for vehicle trade-ins and training
Chery Malaysia has signed two memorandum of understanding (MoU) with Carsome and Carsome Academy. The primary focus of these partnerships is to improve vehicle trade-ins and enhance soft skills within the brand's network of representatives.
AC Ventures raises $210M to back tech-enabled businesses in Indonesia and Southeast Asia
Indonesia-based venture capital firm AC Ventures has announced the final close of its fifth investment fund, ACV Capital V L.P. (ACV Fund V), totaling $210 million, including co-investment funds.
Hong Kong’s FundPark upsizes landmark financing deal of up to $500M from Goldman Sachs
FundPark, a Hong Kong-based fintech company, has announced the closing of a landmark asset-backed securitization facility of up to $500 million. Goldman Sachs acted as the arranger and senior lender.
Clime Capital hits first close of second Southeast Asian clean energy fund at $127M
Clime Capital, the Singapore-based fund manager focused on accelerating the low carbon transition, has on Monday announced the first close of the South East Asia Clean Energy Fund II (SEACEF II), with $127 million committed. SEACEF ll is the first blended investment fund established in Southeast Asia to provide early-stage high-risk capital to support…
Darewise, Animoca Brands Japan, Honda team up to co-develop Web3 automotive gameplay
Darewise Entertainment (Darewise), a subsidiary of Animoca Brands and the company behind Life Beyond, and Animoca Brands Japan announced Monday a collaboration with Honda Motor Co., Ltd (Honda) to co-develop transportation and vehicle-related gameplay in Life Beyond, the upcoming AAA science fiction destination.
Societe Generale and IFC seal new agreement to accelerate on sustainable finance
European bank Societe Generale and IFC, a member of the World Bank Group, have signed a collaboration framework agreement to accelerate on sustainable finance in developing countries, as part of both institutions' shared ambition to contribute to the UN Sustainable Development Goals (SDGs) and strong commitment to the environmental transition and…
Zetrix partners Web3Labs and Summer Capital to accelerate Hong Kong’s Web3 roadmap initiatives
Zetrix, a layer-1 public blockchain platform owned by MY E.G. Services Berhad (MYEG), Web3Labs Hong Kong, a Web3 development and investment powerhouse, and venture capital firm Summer Capital, have on Monday announced a strategic collaboration to propel Hong Kong's Web3 ambitions and establish Zetrix as the preferred blockchain infrastructure for Hong Kong…
Razer Merchant Services enhances payment flexibility through partnership with BillEase
Philippine-based consumer finance app BillEase has announced its collaboration with Razer Merchant Services (RMS), a division of Razer Fintech. This strategic alliance aims to revolutionize the Buy Now, Pay Later (BNPL) landscape by integrating BillEase's flexible payment solutions into RMS's extensive merchant network.
Singapore’s Linkko secures strategic funding round led by W3M Ventures
Linkko, a Singapore-based platform pioneering web3 advertising, has announced a significant milestone in its journey as it secures a strategic funding round led by Web3 Media Ventures (W3M Ventures). The injection of capital marks a pivotal moment for Linkko, which aims to create a win-win ecosystem for both users and advertisers.
VinFast powers Indonesia’s EV future with expansion plan
The Indonesian government's push for an electric vehicle ecosystem creates an ideal opportunity for VinFast, Vietnam's premier EV manufacturer, to contribute to Indonesia's goal of reaching sustainable transportation.
