Global Investment Hotspots: The Next Blue Ocean [BEYOND Virtual Opening Panel]

Innovation is inseparable from the help and support of capital. Even in certain specific environments, the trend of capital will affect the direction of innovation and vice versa. As part of the innovation ecosystem, we are always paying attention to the movement of capital and listening to the voice of capital. The BEYOND International Technology Innovation Expo Investment Summit will…

Vietnam’s Society Pass announces $26M pricing for Nasdaq IPO

Society Pass Incorporated (SoPa), a Vietnam-based data-driven loyalty platform, has announced the pricing of its $26 million Nasdaq initial public offering (IPO), offering 2.89 million shares of common stock at a price of $9 per share. The shares have been approved for listing on the Nasdaq and will trade under the ticker symbol "SOPA" beginning November 9, SoPa said in a statement. The…

JD.com-backed Tiki raises $258M in Series E funding round led by insurer AIA

Vietnam-based e-commerce platform Tiki, which counts Chinese e-commerce firm JD.com as investor, has raised $258 million in a funding round led by insurance company AIA Company Ltd. This investment also saw the participation of investors including Mirae Asset-Naver Asia Growth Fund, Taiwan Mobile, Yuanta Fund, and South Korea investment firm STIC Investments and Tiki’s current shareholder,…

Ping An’s Jessica Tan on new business opportunities in digitalization [BEYOND Virtual]

Digital technologies are expected to further loosen geographical restraints and blur the industrial lines, even for professional industries, says Jessica Tan, co-CEO and Group Executive of Ping An Group, on Tuesday at BEYOND Virtual, an online conference leading to BEYOND Expo, an on-site event at the Venetian Macao Convention and Exhibition Center from December 2 to 4. In the opening day…

HSBC’s David Liao: Digital transformation no longer a choice, but a necessity for businesses [BEYOND Virtual]

The BEYOND Virtual Opening presents world-class entrepreneurs, scientists, global investors, and tech experts to share with us the trends of technology, investments, and the impact of each industry in shaping the world we live in today and the future. In his opening remarks,  David Liao, Co-Chief Executive, Asia-Pacific, HSBC said when the COVID pandemic struck, it became very clear that…

Indonesia’s Eden Farm closes $19M Series A financing from AppWorks and AC Ventures to scale-up its food ecosystem

Eden Farm, an Indonesia AgriTech company, announced Monday the completion of a $19 million Series A round of financing co-led by AppWorks and AC Ventures, with participation from Trihill Capital, OCBC Ventures, Investible, Corin Capital, and existing investor Global Founders Capital. “By the end of 2022, we plan to expand to 25 cities and 8 regencies, supplying more than 100,000 customers with…

ScaleUp Malaysia announces its Top 20 Companies for its 3rd Cohort

Growth stage accelerator, ScaleUp Malaysia announced Monday the selection of the Top 20 Companies for Cohort 3 which it announced in August. ScaleUp Malaysia said the team has evaluated over 200 applications not just from Malaysia but also startups from as far as the United States, Indonesia, Singapore, Japan, and Egypt. “We selected these companies based on their ability to develop…

Vietnam’s Loship eyes opportunities in ‘quick commerce’ as it strives for NYSE listing by 2024

Vietnam-based delivery startup Loship, which aims to list on New York Stock Exchange (NYSE) by 2024, is eyeing opportunities in quick commerce as the firm expands into tier-3 and tier 4 cities of its home country. “We’re accelerating our expansion in new markets, especially the Tier-III and IV cities, after marking our presence in the metropolitans and Tier-II cities," its Co-Founder and Chief…

MyCloudFulfillment raises $7.4M Series B from JWD Group & SCB 10X to support warehouse & service improvement & regional expansion

MyCloudFulfillment, an order fulfillment service provider in Thailand, has raised $7.4 million Series B fund from Thailand logistics firm JWD Group and Siam Commercial Bank subsidiary SCB 10X for regional expansion. The funding will be mainly used for improving warehouse and service capability, expanding the management and software development team, and expanding its service to neighboring…