Latest news and trends about tech
Starbucks partners with Grab to enhance Starbucks experience for customers in Southeast Asia
Starbucks announced Wednesday an integrated partnership with Grab across six markets, including the Philippines, Thailand, Singapore, Malaysia, Indonesia, and Vietnam. The partnership will provide customers across Southeast Asia with a seamless Starbucks Experience, allowing them to earn Starbucks Rewards benefits on purchases through Grab, have more ways…
Malaysia’s drone tech hub ambition: Opportunities & Challenges [Part 2]
In Part 2, we focus on the challenges faced by drone tech startups, the Malaysia government’s initiatives to support the industry and some suggestions from drone tech companies.
Singapore’s PropertyGuru to debut on NYSE on Friday
The merger proposal was passed on Tuesday (March 15) at the extraordinary general meeting of Bridgetown 2.
Malaysia’s Carsome buys 51% stake in Singapore used car dealer CarTimes for $60M – report
The news comes as Carsome is said to be preparing for an initial public offering in the US later of the year.
Singapore machine learning firm Datature raises $2.7M from Openspace
Datature has raised $2.7 million from Openspace. January Capital also participated in the round. The latest funding will enable Datature to expand its platform offering in order to support more widespread use cases including video analytics, medical and point-cloud data ingestions, and a neural network cloud API for users to deploy artificial intelligence…
86 percent of investors plan to invest the same or more in private capital over next 12 months, says Preqin
While competition for assets, valuations, and rising interest rates top the list of investor concerns, more than a third (35 percent) plan to invest more in private capital over the next 12 months, with a further 51 percent expecting to invest the same amount, and just 14 percent planning to invest less, a survey from Preqin showed Wednesday.
HSBC enters the metaverse via partnership with The Sandbox
HSBC and The Sandbox announced Wednesday a new partnership that will open up a host of opportunities for virtual communities across the world to engage with global financial services providers and sports communities in The Sandbox metaverse. The groundbreaking partnership between The Sandbox and HSBC will see the global financial services provider acquire a…
Singapore employment platform Multiplier raises $60M led by Tiger Global, Sequoia Capital India
Multiplier on Wednesday announced a $60 million Series B funding round co-led by Tiger Global and Sequoia Capital India with participation from DST Global Partners.The new investment brings Multiplier’s total funding to $77.2 million, taking their valuation to $400 million. This news comes in less than 3 months since Multiplier’s series A (led by Sequoia…
Rainforest’s Per-Ola Röst on innovating microbrands through centralized, seamless, cross-border fulfillment [Q&A]
"Operating microbrands in SEA today is a complex venture from an operational perspective. Compared with Amazon’s PAN-EU fulfillment program -- allowing brands to unlock the entire EU market, offering two-day delivery time to a few hundred million consumers. The program is also fully automated for the brand - from moving stock between countries to storage…
Singapore’s ShipsKart raises $2.7M Series A funding led by TMV and Hermes Offshore
Shipskart has closed an oversubscribed $2.7 million Series A to bring one of the maritime and offshore industry’s most analogue processes, the procurement of essential vessel supplies, online. The round was led by TMV and Hermes Offshore, with strategic investments from the likes of Motion Ventures, Tradeworks.vc and Eternia Investments. The fresh injection…
