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Deliveree’s Tom Kim on solving logistics industry challenges through big data and predictive analysis [Q&A]

The ability to use big data to more accurately forecast booking durations will lead to our ability to craft fully utilized truck schedules. This will solve the problem of empty trucks on the road, solve empty backhaul problems (this is the holy grail of logistics), reduce traffic, and reduce environmental emissions while increasing driver earnings and…

Vietnam’s VinFast opens six stores in California

Vietnamese electric vehicle manufacturer VinFast announced Friday the simultaneous opening of the first six VinFast Stores in California. In 2022, the firm will continue to open more than 30 stores in California, while also exploring expansion to other states across the United States.

Indonesia’s DOKU acquires Malaysia’s senangPay for $7.5 million

DOKU, an Indonesia-based payment platform, announced Thursday it has expanded into Malaysia after acquired an online payment firm senangPay for $7.5 million. The acquisition followed DOKU received funding from Apis Growth Fund II, a private equity fund managed by Apis Partners LLP last year.

Vietnam’s VinFast receives $1.2B incentives for US manufacturing hub in North Carolina

Vietnamese electric vehicle manufacturer VinFast announced Thursday it has received a $1.2 billion incentive package from the State of North Carolina for its electric vehicle manufacturing project in the United States.

Metaverse in 2022 and beyond: NFTs, interoperability, IP rights and more

Such significant investments into the metaverse will more likely than not accelerate its launch, and its potential for many industries, including entertainment, gaming, and social media should not be ignored, said Chia, indicating the blockchain will serve as the metaverse’s economic layer.

India’s Detect Technologies raises $28M Series B funding led by Prosus Ventures

Detect Technologies, an artificial intelligence (AI)-based software as a service (SaaS) enterprise in India, announced Thursday that it has raised $28 million in primary and secondary funding. Prosus Ventures led this round with significant participation from existing investors Accel and Elevation Capital, and continued support from other existing…

Johnson & Johnson VisionCare and A*STAR’s new eye health digital innovation Consortium harnesses the power of data to empower better eye health in APAC

Johnson & Johnson Vision, a global leader in eye health and part of Johnson & Johnson MedTech, has signed a Memorandum of Understanding (MoU) with the Agency for Science, Technology and Research (A*STAR) to jointly establish an Eye Health Digital Innovation Consortium.

Malaysia’s Carsome appoints football legend & icon Eric Cantona as brand ambassador

Malaysia-based integrated car e-commerce platform Carsome, announced Thursday the appointment of football legend, Eric Cantona, as its brand ambassador. In his capacity as ambassador to the brand, Cantona will take an active involvement in Carsome’s upcoming promotional activities this year as well as group-wide advertising campaigns in Malaysia, Indonesia…

The subscription model is here to stay

E-waste is also setting new records with the world generating 53000 kg of e-waste – an average of 7.3 Kg per capita in 2019 and only expected to worsen, increasing by 38 percent globally to 74700 kg in 2030. Those stats are enough for us to start re-thinking the entire model of how we procure, use and recycle tech devices for both consumers and businesses.……

Ex-Grab Founding member raises Seed Round for leading D2C brand aggregator Tjufoo

Tjufoo announced on Wednesday that it has raised seed funding by TNB Aura, a Singapore-based thesis-led, high conviction venture capital firm investing across Southeast Asian companies that are primed for the future and ready to change the very face of their categories.