Airwallex sustains US$5.5 bn valuation with US$100 mn Series E extension
MELBOURNE, Australia and HONG KONG, Oct. 11, 2022 /PRNewswire/ -- Airwallex, a leading global fintech platform, today announced that it recently closed its Series E extension ("Series E2") with the same US$5.5 billion valuation, and secured more funds from existing investors Square Peg, Salesforce Ventures, Sequoia Capital China, Lone Pine Capital, Hermitage Capital, 1835i Ventures and Tencent.…
How to beat the bots in 3 steps
It’s less than two months until Asia Pacific’s biggest shopping season begins, but consumers are not the only ones counting down. As the holy trinity of shopping festivals – Singles Day, Black Friday, and Cyber Monday – deliver a dramatic upsurge in online traffic, cybercriminals are gearing up for their own windfall in the form of advertising fraud. Like any seasonal holiday, retailers and…
HK’s integration with GBA opens new chapter
HONG KONG, Oct. 9, 2022 /PRNewswire/ -- Hong Kong should accelerate its exploration, research and study of the changing situations in the Guangdong-Hong Kong-Macao Greater Bay Area so that the city can better perform its superconnector role in the building of the region.
Political and business heavyweights made the observations on Thursday at the Greater Bay Area Conference 2022 and 25th…
Singapore Web3 firm Suberra secures $2.7M funding
Singapore Web3 firm Suberra has raised $2.7 million to date over two funding rounds from investors like Spartan Capital, Delphi Ventures, Hashed, Newman Capital, Defiance Capital, Arcane Group, and TsingTech Ventures.
They are also supported by angel investors such as Alex Svanevik (Nansen), Liu Tianwei (Group Deputy CEO at Fazz, Co-Founder of Xfers & StraitsX), Han Wen Chua (Voyage…
5 Industries with huge potential for NFT applications
NFTs exploded globally in 2021, with the record-breaking $69 million sale of Beeple’s “First 5000 Days” NFT art to Vignesh Sundaresan in March that year seeing a surge of interest in the said class of crypto asset. That year, several NFTs sold for close to or over a million dollars from prolific collections such as Bored Ape Yacht Club and Cryptopunks.
There is a prevailing notion that NFTs…
Malaysia’s Carsome banks on digital banking to complement existing car business
It came as a surprise when Southeast Asian used car platform Carsome confirmed that it is part of the KAF Investment Bank-led consortium which was among the five consortiums winning a digital banking license in Malaysia.
While Carsome stayed low-key about its participation in bidding for a digital banking license prior to the central bank's announcement of winners, financing services have…
ESR raises A$540 million with the first close of ESR Australia Development Partnership II (‘EADP II’)
ESR launches its A$1 billion ESR Australia Development Partnership II (EADP II), partnering with GIC, for a combined anchor close of A$540 million. A second close is targeted in 1H 2023. Through EADP II, ESR will create premium estates for the New Economy, with Environmental, Social and Governance (ESG) principles underpinning its development strategy.
HONG KONG, SYDNEY and SINGAPORE, Oct.…
WebEngage Announces Startup Program in Indonesia and Southeast Asia; Invites Applications from Early-Stage Startups
- Selected early-stage startups will get access to the WebEngage Retention Operating System with credits worth US $25,000 for six months
- Program will include exclusive masterclasses on retention, brand building, key measurement metrics, fund-raise planning and much more
JAKARTA, Indonesia, Oct. 6, 2022 /PRNewswire/ -- Early-stage B2C startups in Indonesia and Southeast Asia will now have a…
AB Tasty acquires AI-driven personalization provider Epoq and gains foothold in the APAC region
The acquisition amplifies AB Tasty's best-in-class offering to power relevant and engaging customer experiences via recommendations and intelligent search
SINGAPORE, Oct. 6, 2022 /PRNewswire/ -- AB Tasty, the fast-growing global experience optimisation company, announced today that it has acquired Epoq, an AI-driven recommendation and smart search solution.
AB Tasty has also expanded its…
AB Tasty acquires AI-driven personalization provider Epoq and gains foothold in the APAC region
The acquisition amplifies AB Tasty's best-in-class offering to power relevant and engaging customer experiences via recommendations and intelligent search
SYDNEY, Oct. 6, 2022 /PRNewswire/ -- AB Tasty, the fast-growing global experience optimisation company, announced today that it has acquired Epoq, an AI-driven recommendation and smart search solution.
AB Tasty has also expanded its presence…