Vertical
Alibaba to host conference call on Thursday to discuss split plans – report
It was reported that Alibaba intends to split its operations into six standalone units, each managed by a different chief executive.
Gobi Partners onboards Care Concierge to the Khazanah-backed Gobi Dana Impak Ventures fund
Gobi Partners, an interconnected Pan-Asian venture capital (VC) firm, has onboarded its first portfolio, Care Concierge under its newly established Gobi Dana Impak Ventures (GDIV) fund.
Filipino fintech Advance secures $16M in a pre-Series A funding led by Do Ventures, Lendable
Filipino fintech Advance has successfully secured $16 million in a pre-Series A funding led by Do Ventures out of Vietnam and Lendable, a technology-enabled investment and debt provider to fintechs in emerging markets.
Thai insurtech Roojai raises $42M Series B funding led by HDI International
Roojai, a Thai-based online business to consumer (B2C) insurtech, has announced a $42 million Series B funding round led by HDI International, the international retail insurance division of the German Talanx Group.
Advisonomics partners Kakitangan.com to provide financial planning app in Malaysia
Malaysia-based financial planning firm Advisonomics has joined hands with cloud payroll and human resource software provider Kakitangan.com to work together in making the CashKu digital financial planning app accessible to more people.
Staying ahead of the curve in AI innovation: A conversation with CUE Group Southeast Asia’s Managing Director Daniel Posavac [Q&A]
Posavac discusses how AI technology can help discover outliers and missing values in big data and gives examples of how video AI technology can be customized to address different pain points for businesses or organizations beyond security and surveillance.
Vemanti partners Finastra to build SME-focused neobank in Southeast Asia
United States-based fintech firm Vemanti Group has chosen United Kingdom-based financial software company Finastra to help build Southeast Asia’s first small and medium-sized enterprise-focused neobank.
The Sandbox partners Ledger Enterprise to secure enterprises in the metaverse
The Sandbox, a decentralized gaming virtual platform and a subsidiary of Hong Kong-based gaming firm Animoca Brands, has on Thursday announced a partnership with Ledger Enterprise, a division of France-based crypto-asset security firm Ledger.
VinFast to deliver electric SUVs in Vietnam; eyes overseas deliveries
Vietnamese carmaker VinFast said Thursday that it will begin delivering its new electric sport utility vehicles (SUVs) in Vietnam this week.
True Digital Park’s Startup Booster Program aims to have 100 qualified startups come through its program [Q&A]
Currently there are around 1,000 Thai startups with the VC landscape in Thailand being dominated by corporate venture capitals (CVCs). Surprisingly during the height of the covid-19 pandemic three unicorn startups have emerged from Thailand being Bitkub, Ascend and Flash Express.
