Latest news and trends about tech
Ant International’s WorldFirst sees total transaction volume soars to $300B
China and Southeast Asia led the growth among core regional markets for WorldFirst, which also include the UK, Europe, and Australia.
Yuno welcomes former Uber & JP Morgan Director to lead APAC partnerships, drive regional growth
Yuno earlier this year raised a $25 million Series A round from investors including Andreessen Horowitz, Tiger Global, DST Global Partners, Kaszek Ventures, and Monashees, to fuel its ambitious expansion plans across Asia, Europe, the Middle East, and Africa.
Tracxn : SEA FinTech startups funding declines 28% quarter on quarter in Q3
The total funding into Southeast Asia (SEA) FinTech startups fell 28 percent to $322 million in the third quarter of 2024 from $447.5 million in the second quarter, Tracxn said Wednesday.
Tracxn : Singapore tech startups funding fall 26 percent year on year in third quarter
Singapore tech startup ecosystem secured total funding of $397 million in the third quarter of 2024, which is a 26 percent decline from $536 million raised in the corresponding quarter last year, Tracxn said Monday.
Indonesia blocks e-commerce app Temu over regulatory violations – report
Temu is operated by PDD Holdings, the parent company of the well-known Chinese retailer Pinduoduo.
Moomoo Malaysia expands access to HKEX & China A-shares as investors appetite for Chinese assets doubles
This expansion allows Malaysian investors to access some of the world’s most vibrant financial markets, at a time when Asia continues to solidify its position as a key driver of global economic growth.
Bintang Capital Partners launches $46.56M gender lens Semiconductor Impact Fund
Bintang Capital Partners Berhad (Bintang), a Malaysia-based private equity firm, has on Wednesday announced the launch of gender lens Semiconductor Impact Fund (BSIF I).
From government to grassroots: Businesses and communities shape Singapore’s digital future in Smart Nation 2.0
A decade after launching its original Smart Nation initiative, Singapore is poised to embark on the next phase of transformation: #SmartNation2.0. This refreshed strategy is ambitious yet characteristic of the country’s pragmatic idealism - to overcome the inherent limitations that have always constrained the island nation and secure a leading position in…
AirAsia X shareholders back acquisition of Capital A’s aviation business
Malaysia-based low cost carrier AirAsia X (AAX) announced that its shareholders expressed strong support for the proposed acquisition of Capital A’s entire equity interest in the aviation business within AirAsia Aviation Group Limited (AAAGL) and AirAsia Berhad (AAB) for MYR 6.8 billion ($1.58 billion), during the extraordinary general meeting (EGM) held on…
MOSTI announces seven local startups as winners of MYHACKATHON 2024 Cohort 1
The Ministry of Science, Technology and Innovation (MOSTI) of Malaysia and its agency, Cradle Fund Sdn. Bhd. (Cradle), have announced the list of seven winners for the MYHackathon 2024 Cohort 1 program.
