Latest news and trends about tech
Analyst stays bearish on Thai electronics market outlook amid struggling Western EV sector
Despite positive momentum from the trade war, Maybank Investment Bank sees a bearish FY25 outlook for Thai electronics due to the struggling Western electric vehicle (EV) sector and looming impact from the Global Minimum Tax.
November 29, 2024
News,eCommerce,FinTech,Indonesia
Maybank revises up GoTo Gojek Tokopedia revenue forecasts
Maybank Investment Bank has revised up Indonesian tech platform GoTo Gojek Tokopedia FY25/26 revenue forecasts by 17 percent/ 15 percent, after the firm's first nine months revenue beat its forecast.
November 29, 2024
TNGlobal Insider,Venture Capital,Opinion,Venture Debt
The entrepreneur’s dilemma: Fundraising or taking a loan?
Fundraising investments or taking a loan is a question, I often see being asked on Facebook groups for entrepreneurs or aspiring entrepreneurs. This article will break down all the pros and cons so that any #Entrepreneur deciding between the two, may make a more informed decision.
November 29, 2024
Malaysia-listed Hextar Industries bags Luckin Coffee’s master franchise in Malaysia
Luckin Coffee’s entry comes at a time when Malaysians are seeing a rising number of local and international coffee chain brands and outlets in the country. Both local and international coffee brands are competing for a larger market share as US brand Starbucks faces ongoing boycott amid the Israel-Gaza war.
November 29, 2024
Teleport’s revenue rises in third quarter on higher delivery parcels moved
Capital A's logistics arm Teleport has reported higher revenue in the third quarter amid higher tonnage and delivery parcels moved.
November 29, 2024
AirAsia MOVE’s third quarter revenue declines on reduced sale of AirAsia flight tickets
AirAsia MOVE, the digital arm of Malaysia-based Capital A, has reported lower revenue during the third quarter ended September 30, 2024, mainly due to reduced sale of AirAsia flight tickets.
November 29, 2024
Malaysia’s Catcha Digital acquires 51 percent stake in Nexible Solutions for $2.56M to expand into SaaS and AI sectors
Malaysia-based digital platform Catcha Digital Berhad has announced its entry into a share sale agreement to acquire a 51 percent interest in Malaysian software as a service (SaaS) firm Nexible Solutions Sdn Bhd (Nexible) for a cash consideration of MYR 11.38 million ($310 million).
November 29, 2024
News,Singapore,Investments,eCommerce
US e-commerce giant Amazon invested over $1.49B in Singapore
US-headquartered e-commerce giant Amazon announced on Thursday that it has invested more than S$2 billion ($1.49 billion) across its retail and cloud businesses in Singapore in 2023. This includes both capital expenditure such as improvements to existing infrastructures, including fulfilment centers, delivery stations, and data centers, and operating…
November 29, 2024
News,Malaysia,Venture Building
1337 Ventures Partners with GX Bank to lead TeXnovasi Accelerator
1337 Ventures, Malaysia-based venture capital firm, announced its role as the lead accelerator for TeXnovasi—an ambitious initiative by GXBank and Grab Malaysia, with support from Cradle and MYStartup.
November 29, 2024
News,SEA,Media / Streaming,Telecommunications,Features,AI,Analysis
Deloitte’s tech, media & telecoms 2025 predictions: Generative AI paves way for transformative future
By addressing challenges in infrastructure, gender equity, energy consumption, trust, and capabilities, the industry could be poised for a significant leap forward and is well positioned to determine the future of Al’s legacy.
November 29, 2024