Latest news and trends about tech
This Korean startup aims to reduce truck accidents with its real-time truck tire profile direct sensing technology
According to Lee, BANF’s primary focal points encompass the US and China, both of which constitute the most sizable segments within the realm of ground logistics.
Malaysia’s Science & Technology Ministry looks into VCs’ suggestions to support tech startup ecosystem
Among the key areas discussed were potential tax incentives, flexible regulations, and creative financing models that could provide a robust framework for startups to thrive.
Temasek leads $140M India’s Ola Electric funding at $5.4B valuation – report
The investment round has been closed and Ola will be receiving the funds within a week's time, though there will be another round of fund raising before it files papers for an up to $1 billion IPO planned for late 2023, said the first source, according to the report.
Indonesia’s automotive aftermarket startup Otoklix reports 2x annual growth, targets to hit profitability in a year’s time
Otoklix is also gearing up to be a first-mover in Indonesia’s electric vehicle aftermarket, with a focus on outfitting and educating workshop teams to service electric motorbikes. The startup has also entered into a strategic partnership with Indonesia’s state-owned oil and natural gas corporation Pertamina to reestablish the Bright Olimart service chains…
Singapore’s Grab adds Web3 services to its super app – report
Users can now set up a web3 wallet, win blockchain-based rewards, pay with NFTs and more.
Tencent Cloud says international business posts strong growth
In the first half of 2023, international business posted double digit revenue growth, with particularly strong performances in Japan, Singapore, Malaysia, Indonesia, Europe, and the Middle East.
HashKey Exchange & OneInfinity by OneDegree sign MoU to collaborate on digital wallet insurance & strengthen investor protection
This partnership aims to strengthen investor protection in the digital asset space while supporting the development of Hong Kong’s digital asset market with advanced tech-enabled solutions.
ORZON Ventures invests in SLEEK EV, aims to revolutionize electric mobility in Southeast Asia
This strategic investment will fuel SLEEK EV's mission to accelerate the transition of 2-wheelers in Southeast Asia to electric.
From blocks to bytes, we need builders for Singapore’s digital domain, too
#Singapore's iconic public housing scheme is undergoing pivotal changes for greater inclusivity and equity. But Prime Minister Lee Hsien Loong's recent National Day Rally also touched on another vision: We need to empower more Singaporeans to build our digital domain to forge our economic future.
Rethinking the future of 5G through the lens of extended reality (XR)
The convergence of #5G technology with #XR is a critical step towards increasing global connectivity and unlocking new social and economic opportunities, even towards the much-anticipated metaverse. However, given the complexity of the #IoT ecosystem, organizations that utilize XR must be informed and selective when building their 5G-integrated…
