Latest news and trends about tech

black and white vinyl record

The game changer for online retail in Asia: Digital shelf AI-driven analytics and beyond

A digital shelf analytics platform is crucial. In the context of #ecommerce, a digital shelf is the online version of product shelves at a brick-and-mortar store. It is a collection of digital experiences through which consumers discover, learn about, compare, and ultimately make purchases of products. Digital Shelf platforms provide #AI-powered insights…

Airasia Digital rebrands as next MOVE with new leadership

In a strategic move to emphasize its commitment towards travel, the digital arm of Capital A, airasia Digital has announced its transformation into MOVE Digital (MOVE). This rebranding marks an exciting chapter in its next phase of growth through both its businesses, airasia Superapp and BigPay.

IFC to invest up to $15M in Indonesia’s Tawada Healthcare

The International Finance Corporation (IFC) said on Monday that it will invest up to $15 million in IDR equivalent in PT. Tawada Healthcare (Tawada Healthcare) to support the company's medical device and consumables distribution business while also enabling it to expand its manufacturing operations.

KKR to acquire 20 percent stake in Singtel’s regional data center business for $800M

Singtel, Singapore-based communications technology group, and United States-based investment firm KKR have reached a definitive agreement under which a fund managed by KKR will commit up to SGD 1.1 billion ($800 million) for a 20 percent stake in Singtel’s regional data center business.

Malaysia plans to establish its own space launch site, develop space economy – report

MYSA is liaising with several parties and industries that are keen on participating in the development of this facility.

Hong Kong’s Bowtie secures $34.9M Series B2 funding to fuel expansion and innovation

Bowtie, a Hong Kong-based virtual insurer, has announced the successful completion of a $34.9 million Series B2 funding round. The round was led by main investor Sun Life Hong Kong Limited, with further participation by Mitsui & Co., Ltd.

Malaysia’s Gentari rebrands WIRSOL Energy to officially commence operations in Australia

Malaysia-based clean energy solutions company Gentari has officially rebranded leading renewable energy solutions provider WIRSOL Energy on Tuesday, following the completion of its full acquisition in February 2023. With the rebranding, WIRSOL Energy will now be known as Gentari Solar Australia.

Singapore’s SMI Vantage to set up Bitcoin mining business in Malaysia

SMI Vantage Limited, a Singapore-based firm focused on developing new economy businesses, plans to set up its Bitcoin mining business in Malaysia. The firm will begin the process of installing the first of its two containerized mining rigs and expects to commence mining Bitcoin in the third quarter of 2023.

Singapore-headquartered SHEIN allocates additional $85M for global community empowerment

SHEIN, a global, integrated, fashion and lifestyle marketplace , announced Thursday that it is allocating an additional $85 million over five years towards initiatives that support the "Equitable Empowerment" pillar of its evoluSHEIN roadmap. This is in addition to $70 million already committed in April.

Kedaara Capital invests in Indian ed-tech firm K12 Techno Services

K12 Techno Services Private Limited (K12 Techno), a an education and technology services provider in India, has on Thursday announced an investment from Kedaara Capital, for a significant minority stake in the company.