Latest news and trends about tech
Total transaction value made via Alipay by Chinese tourists in Singapore almost doubled in Q1
Alipay, the digital platform for payment and other digital services owned by China-base Ant Group, has on Friday reported that the total transaction value made by Chinese tourists in Singapore via its app has almost doubled in the first quarter of 2023 compared to the previous quarter (Q4 2022).
South Korea’s Kakao Pay acquires majority stake in Siebert Financial Corp
Kakao Pay, a fintech subsidiary of Korean-based conglomerate Kakao Corp., has on last Thursday announced an agreement to purchase a 19.9 percent stake in United States-based brokerage firm Siebert Financial Corp for approximately $17 million.
Japan’s GLOBIS Capital Partners closes Fund VII at $534M
Japanese venture capital firm GLOBIS Capital Partners (GCP) has announced the final closing of its Fund VII at 72.7 billion yen ($534 million).
Alibaba Cloud announces Tongyi Qianwen Partnership Program
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has announced the launch of “Tongyi Qianwen Partnership Program”, which aims to co-create large language models tailored for different industries with partners.
GoTo closer to profitability as net loss down 41 percent y-o-y in 1Q
PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, said its net loss fell 41 percent year on year to 3.9 trillion rupiah ($265 million) in the first quarter of 2023, driven mainly by higher revenues and reduced incentives and product marketing spend.
How AI solutions can enhance customer experience
Gone are the days when businesses were using off-the-shelf solutions for customer services and planning out further business strategies. In this dynamic marketplace, where technology is evolving quickly, customers' expectations are evolving even quicker. And to track all these and their behavior in real-time, support from Artificial Intelligence (AI) seems…
NASDAQ-bound Singaporean biotech firm AUM Biosciences aims to be key player in global precision oncology space
In the interview ahead of the company’s de-SPAC, CEO also shared about the challenges and opportunities as the precision oncology space, the company's immediate plan following its listing. He also shared his views on the biotech landscape in Southeast Asia and gave several suggestions for for companies, governments, and investors for the biotech industry in…
Axiata’s FinTech arm Boost Holdings said to be weighing funding round – report
Boost Holdings is said to be working with a financial adviser on the potential fundraising, which may give the start-up a valuation of $700 million.
Future-proofing your business? Begin with payments
For online-focused merchants, the value of investing in payments has long been recognized. Payments are the most direct gateway to their customers, inextricably tied to the growth of their business. However, creating simple, seamless checkout experiences that meet the needs of a diverse set of customers in different geographies, is a challenge that only…
Airasia SuperApp average monthly active users up 12 percent q-o-q in first quarter
Airasia SuperApp recorded 12.9 million average monthly active users (MAU) in the first quarter of 2023, up by 12 percent quarter on quarter, its parent firm Capital A Berhad said Thursday.
