Indonesia’s GoTo said to appoint banks for $1B local IPO – report
Indonesia-based largest tech firm GoTo Group, the merged entity of Gojek and Tokopedia, has hired banks to help it raise around $1 billion from an initial public offering (IPO) in Indonesia, Bloomberg reported, quoting people familiar with the matter.
The company, a merger of the country’s two most valuable Internet start-ups, has picked PT Mandiri Sekuritas and PT Indo Premier Sekuritas as…
For Choco Up, non-dilutive funding addresses funding gap for growth without being costly in terms of equity [Q&A]
Having enough resources can spell the difference between a company achieving traction and failing. When there are concerns about cash burn and lack of growth resources looming on an entrepreneurs' head, it could end up stifling innovation.
In our TechNode Global Q&A with Percy Hung, Co-founder, and Chief Executive Officer of Choco Up, we learn how non-dilutive funding drives value for both…
Vietnams’s Society Pass establishes regional headquarters in Singapore, poised to accelerate growth in Southeast Asia
Vietnam-based loyalty and analytics platform Society Pass (SoPa), which is listed on Nasdaq, announced Thursday its ambition to accelerate its growth in Southeast Asia through the launch of its regional headquarters in Singapore.
Located in Raffles Place in the heart of the Singapore central business district, the new office acts as the company’s designated Asia Pacific hub for regional…
For the Botsync team, collaborative automation will be key to accelerating digitalization in logistics [Q&A]
Digital transformation is playing a big part in the strategy and operations of businesses today. The market size for digital transformation will grow from $1.5 trillion annually this year to $2.8 trillion by 2025. And yet some businesses might find challenges in complexity, manpower, and resources.
In this TechNode Global Q&A with the founding team at Botsync, we learn how collaborative…
Malaysia-based SPAC Kairous Acquisition starts trading on NASDAQ
Kairous Acquisition Corp Ltd, an Asia-focused special purpose acquisition company (SPAC) led by the founder of Malaysia-based Kairous Capital, has started trading on Nasdaq on Wednesday, under the symbol "KACLU".
"Today's listing signifies our commitment to live by our tagline, being the cross-border partner to great founders and helping them to build exceptional & long-lasting…
Year of the Tiger: Future of work in an ESG world will require a new physical-digital mix
The year of the Tiger should symbolize strength, determination, as well as revival, and reconnecting with networks and people. But will businesses be ready to capitalize on this auspicious promise?
The COVID-19 crisis has accelerated the adoption of trends once deemed as the longer-term future of work. According to McKinsey, investments in digital and automation transformations, considered too…
Amazon Web Services launches Indonesia cloud region, to invest $5B in the region over next 15 years
Amazon Web Services (AWS), an Amazon.com, Inc. company, has launched the AWS Asia Pacific (Jakarta) Region, and is planning to invest an estimated $5 billion in the region over the next 15 years.
AWS said in a statement that the investment includes capital expenditures on the construction of data centers, operational expenses related to ongoing utilities and facility costs, and purchases of…
Brands have ‘one shot to impress’ with digital services or risk losing customers, says AppDynamics’ Joe Byrne [Q&A]
The pandemic has driven digitalizaton across industries, which has accelerated during the past 18 months. This is expected to continue in the post-pandemic environment. According to Joe Byrne, Vice President of Technology Strategy and Executive CTO at AppDynamics, "the majority of consumers will continue to rely on digital services even beyond COVID-19."
In a TechNode Global Q&A, Byrne…
Singapore live commerce enabler Upmesh raises $7.5M Pre-Series A funding led by Monk’s Hill Ventures
Upmesh, a Singapore-based live commerce enabler and community building platform, has raised a new round of Pre-Series A funding of $7.5 million led by Monk's Hill Ventures.
The new round of funding which comes two months after initial seed round, will be used to expand Upmesh’s regional presence in Southeast Asia and launch new products including a mobile version of its product, Upmesh said…
Smart Manufacturing: How industry 4.0 is shaping the future of manufacturing in Germany and China [BEYOND Virtual Panel recap]
Germany and China are two of the world’s powerhouses when it comes to manufacturing. They, however, have contrasting renown. They also play crucial roles in leading the way for smart manufacturing particularly the development of industry 4.0. Startups and established entrepreneurs alike have a lot to learn from the manufacturing advancements in these two giant economies.
This Beyond…