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3 Reasons why Southeast Asia’s e-commerce is set to explode
An e-commerce aggregator, iPrice Group, analyzed the most visited e-commerce platforms in Southeast Asia to predict where the market is heading towards and what exciting developments we can expect from the year-end shopping frenzy. Here are 3 key predictions on the success of Southeast Asia’s e-commerce industry for the rest of the year.
Alternative protein investor Lever VC announces $80M final close of Lever VC Fund I
Lever VC is also actively speaking with investors interested in Lever VC Fund II, which will begin raising early next year.
Malaysia-listed payment firm GHL teams up with BNPL startup Atome to expand across ASEAN
In Malaysia and Singapore, merchants who opted for Atome’s BNPL experienced an average 17 percent increase in their ticket order size.
Amid range and charging anxiety, the EV ecosystem will benefit from extreme fast charging
To be clear, multiple hurdles remain to be overcome, from building the requisite charging infrastructure to support EVs, improving battery technology to make them safer and hold more power, as well as the responsible disposal of batteries at the end of their lifespan. However, the number one barrier to mass adoption right now is range anxiety.
Malaysian government entities MaGIC & Penjana Kapital collaborate to offer seed stage startups better funding access
By bridging the funding gap, MaGIC and Penjana Kapital aspire to reorient private capital for innovative start-ups, attract global and regional VCs into Malaysia, as well as elevate knowledge transfer, talent development and creation in Malaysia ecosystem.
How Carsome became Malaysia’s largest tech unicorn – with a little help from a friend
Gobi Partners’ continued faith and multiple investments into Carsome paved the way for the e-commerce platform to dominate Southeast Asia’s used car scene, en route to becoming Malaysia’s first and largest unicorn.
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.
Singapore’s Broctagon Fintech Group launches WorldBook, a global crypto liquidity movement
The WorldBook combines the orderbooks of all connected exchanges to create a unified orderbook that enables multilateral liquidity flow.
