Digital Transformation

Credit Suisse recognizes AirAsia Digital as tech unicorn alongside Carsome, Axiata’s Edotco

AirAsia Digital is valued at around $1 billion based on all-share transaction in July 2021, as reported by the company, Credit Suisse said in the report dated Oct 5.

Philippines: Southeast Asia’s next big breakout market?

TechNode Global’s series on the Philippines will delve into why now, after years of depending on income from remittances, Filipino entrepreneurs and founders are attracting venture capital (VC) money in droves. In this first part, we briefly explain the key growth drivers and opportunities awaiting VCs in the country, while laying the groundwork for future…

Digital payments are no longer just ‘nice-to-have’ but are now ‘must-have’ in business strategy, says 2C2P’s Aung Kyaw Moe [Q&A]

As the world becomes increasingly digital, there is an opportunity to ride on the growth of digital payments and provide secure and reliable financial services to meet the ever-changing needs of consumers here in the region. We expect to see a further acceleration in the adoption of digital payments in Southeast Asia as digital payments are no longer a…

Funding, talent & decision-making are the biggest challenges for innovators, says SoftBank Ventures Asia’s JP Lee [Q&A]

In this TechNode Global Q&A with JP Lee, Chief Executive Officer and Managing Partner of SBVA, he discusses the trends shaping innovation in the region, as well as the challenges faced by innovators, including talent, resources, and decision-making. He believes that there is a big opportunity for innovators to deliver value to both consumer and enterprise…

EY: Asia-Pacific M&A hit highest value on record, fuelled by technological innovation & ESG agendas

M&A targeting technology companies hit a record high in Asia-Pacific with tech, advanced manufacturing and mobility sectors topped regional deal activity.

Vietnam merchant platform KiotViet raises $45M in Series B funding round led by KKR

KKR is making its investment in KiotViet from its Asian private equity fund.

Malaysia’s gig workers employment platform Troopers bags close to $1M in Series A round

The investment will be used for technology development, marketing, and working capital to further expand its business In Malaysia.

ScaleUp Malaysia inks memorandum of cooperation with Technology Park Malaysia in strategic public-private partnership

The partnership between TPM and ScaleUp Malaysia will provide startups better access to government resources that include labs, infrastructure, and other facilities, as well as regulatory facilitation to advance innovation.