Latest news and trends about tech
Malaysia’s Incite Foodtech acquires Eatcosys to create ASEAN’S retail tech ecosystem
Incite Foodtech Sdn Bhd, a Malaysia-based food tech venture, has agreed to acquire Eatcosys Sdn Bhd, a homegrown retail technology solutions provider, to create ASEAN’S retail tech ecosystem.
SEEK: Tech jobs outpace Singapore’s overall job growth in 2022, demand for tech talent remains amidst layoffs
The growing demand for tech talent in Singapore remains strong despite the recent layoffs by tech companies, according to data from SEEK, the parent company of Asia’s leading job platforms JobStreet and JobsDB. SEEK JobStreet Singapore platform recorded a year on year growth of 63 percent in job ads for tech roles, which is a higher rate of increase than…
BytePlus partners EduSpaze to transform Singapore’s EdTech sector with machine learning
BytePlus, the enterprise arm of ByteDance that supports businesses in accelerating their digital transformation capabilities, has signed a Memorandum of Understanding (MoU) with EduSpaze, a leading Singapore-based education technology (EdTech) accelerator, to tranform Singapore's EdTech sector with machine learning.
South Korean startup Toonit launches Canva-like tool for graphic narratives
Korean startup Toonit, is launching the Canva, a web-based illustrator for anyone to easily create webcomics, graphic novels, book illustrations, and other visual content.
Wesley Tay joins as a Principal at East Ventures
Indonesia-based venture capital firm East Ventures announced Tuesday that Wesley Tay joins East Ventures as its new Principal. Wesley will oversee the investments focusing on the seed stage, and will be based in Singapore.
Top digital security and fraud trends in Southeast Asia for 2023
Post-Covid digitalization has also seen a spike in fraud and malicious activities. Companies need to take extra precautions to protect their customers this year.
Malaysia’s Penjana Kapital, AC Ventures, Indies Capital Partners ink deal for cross-border investments and technology transfer
Malaysia's Penjana Kapital Sdn Bhd (Penjana Kapital), announced Monday it has signed a memorandum of cooperation with Indonesian-focused private investment firms Indies Capital Partners and AC Ventures (ACV), for cross-border investments and technology transfer.
Malaysia’s Citaglobal inks deal with Indonesia’s state-owned firm for battery energy projects
Malaysia-listed Citaglobal Berhad (formerly known as WZ Satu Bhd) has entered into a memorandum of understanding (MOU) with PT Industri Baterai Indonesia or Indonesia Battery Corporation (IBC) for the proposed development of a battery cells manufacturing plant and Battery Energy Storage System (BESS).
Global IPO market went from record-breaking to full-on abating, says EY
After a record-breaking 2021, the global initial public offering (IPO) market took a sharp turn in the opposite direction in 2022, EY said on Monday. With only 1,333 IPOs raising $179.5 billion, IPO activity dipped 45 percent and 61 percent by number of deals and proceeds, respectively, year-over-year (YOY).
Indonesia’s FLIK secures $1.1M pre-seed funding led by East Ventures
FLIK, an Indonesian-based startup that provides a unified checkout solution, announced Monday that it had secured $1.1 million of pre-seed funding led by East Ventures. The round also saw the participation of Init-6, GMO VenturePartners, and Saison Capital.
