Latest news and trends about tech
500 Startups rebrands Southeast Asia fund to 500 Southeast Asia
It remains dedicated to seed-stage investing, cutting checks of up to $500,000, but is now open to larger follow-on checks of up to $5 million, as well as potential investments through special-purpose vehicles, such the $21.2 million vehicle it previously executed for Carousell.
Shippit’s ASEAN marketing lead on the importance of owned media and storytelling
Market expansion in ASEAN can be tricky, as each country has different norms and consumer behaviors. Shippit’s regional marketing rep Divya Saraf shares key findings.
Singapore’s Parcel Perform bags $20M in Series A funding from Cambridge Capital, Softbank Ventures Asia
Parcel Perform will use the fresh funding to build out its technology offerings and invest further in artificial intelligence (AI) solutions.
Mobile gaming has become a social lifeline and community connection during the pandemic, says SHAREit Group’s Karam Malhotra [Q&A]
No platform is more ripe with opportunities for game developers and publishers than mobile. Mobile games offer publishers a direct line to a broader audience of players than before and empower developers to be creative in the types of genres to look at, formats of gameplay, and monetization models.
How cloud kitchens offer endless opportunities for rapid expansion amid the pandemic
With the F&B industry amidst one of its most revolutionary periods of all time, we are likely to see increased interest in cloud kitchen models. This space offers the potential of better unit economics, improved profitability, and faster scalability that could result in a more secure and sustainable business for all.
Singapore’s Real Estate Doc collaborates with Huttons Asia to digitalize real estate processes & transactions
Under their digital road map, this collaboration will encompass several pillars, which include digitalizing real estate workflows and transactions.
Tech-enabling Indonesia’s 63M MSMEs, the engine of growth for the post-pandemic recovery
MSMEs are the engine of growth for the Indonesian economy, with 60 million+ registered MSMEs contributing approximately 61% of GDP. This enormous category employs over 116 million people, which is equivalent to 97 percent of Indonesia’s labor force. I believe there is tremendous value in providing solutions to MSMEs and opportunities to enter the Indonesian…
AirAsia’s BigPay raises up to $100M in financing from South Korea’s SK Group
BigPay said the funding from SK Group further strengthens AirAsia’s digital endeavor as it accelerates the scope of growth for its digital businesses, including logistics and financial services.
Microsoft, Ant-backed Bukalapak share price jumps 25% on trading debut
Bukalapak is Indonesia’s fourth-largest e-commerce company after Tokopedia, Sea Ltd’s Shopee and Alibaba’s Lazada.
The business case for investing in youth development and STEM
Besides improving lives, the business case for developing the next generation of thinkers, leaders, and creators is strong. From better R&D investment ratios to more disruptive products, there are many benefits businesses can reap.
