Malaysia’s unicorn Carsome open to new funding, open to dual-listing – report
Southeast Asia’s largest car e-commerce platform Carsome is open to new funding from potential strategic investors, its co-founder and group CEO Eric Cheng told Reuters.
Cheng said the company is looking for strategic investors whose “businesses are able to add value to what we are doing, be it on car trading, financing or insurance.”
Last year, Carsome has won one of Malaysia’s first…
UOB Malaysia launches financing solution for electric vehicle ecosystem
Banking group UOB Malaysia has announced the launch of U-Drive, a comprehensive financing solution for the electric vehicle (EV) ecosystem in the country.
The solution seamlessly connects the EV value chain, including automotive component suppliers, automotive brand owners, dealers, and charging point operators to end-users, UOB Malaysia said in a statement on Tuesday.
According to the…
BEYOND Tonight comes to KL again to promote Asia’s largest tech expo
BEYOND Expo Co-Founders Dr. Lu Gang and Jason Ho hosted the “BEYOND Tonight” networking session in Kuala Lumpur, Malaysia on Tuesday.
Distinguished attendees of the event encompassed a diverse spectrum, including investors, prominent figures from the tech ecosystem, representatives from government agencies, venture capital firms, corporations, family offices, startups, as well as notable…
Gobi Partners onboards Southeast Asia’s largest integrated recommerce platform CompAsia
Pan-Asian venture capital firm, Gobi Partners has taken on the lead investor role in the Series A funding round of Southeast Asia’s largest integrated recommerce platform startup, CompAsia.
Since 2016, CompAsia has transformed itself into a one-stop platform that allows customers to trade in or purchase electronic devices. The platform also offers financing plans and other options to address…
Singapore’s Fourier Intelligence launches Advanced Rehab Robotics Center to expand rehabilitation tech solutions
Singapore-based rehabilitation technology provider Fourier Intelligence has launched its Advanced Rehab Robotics Center in Malaysia.
Fourier Intelligence said in a statement on Tuesday that the new center will act as a strategic hub to support Fourier Intelligence's business operations and further strengthen its commitment to providing cutting-edge rehabilitation and assistive technology…
Malaysia’s Gentari partners JomCharge, chargEV for EV charging points roaming network
Malaysia-based clean energy solutions provider Gentari Sdn Bhd (Gentari) via its wholly-owned subsidiary Gentari Green Mobility Sdn Bhd has activated its roaming network of electric vehicle (EV) charging points in partnership with EV Connection Sdn Bhd (EVC) and Green EV Charge Sdn Bhd (GEV/chargEV), a subsidiary of Yinson GreenTech (YGT).
Gentari said in a statement on Monday that the…
Malaysia secures $1.79B investment commitments at London Tech Week – report
Malaysia has secured MYR8.3 billion ($1.79 billion) worth of investment commitments in various digital technology sectors during the investment mission to London Tech Week 2023 led by Communications and Digital Minister Fahmi Fadzil.
These investments are expected to create no fewer than 1,800 high-value jobs, the minister said at the signing of a memorandum of understanding (MoU) between…
Asia Pacific Enterprise Awards 2023 Paves the Way for a Resurgent Asia
SINGAPORE, June 6, 2023 /PRNewswire/ -- The highly anticipated Asia Pacific Enterprise Awards (APEA) makes a grand return in 2023 with its Malaysia Chapter. Organized annually in 16 markets by regional NGO Enterprise Asia, the Awards present Asia's largest award networking platform. Themed "Capturing Opportunities in a Resurgent Asia", the APEA 2023 aims to utilize its influential platform to…
Breakeven is near for Malaysian unicorn Carsome, says CEO Eric Cheng
Editor’s note: TechNode Global’s signature Southeast Asia-focused tech event, ORIGIN Conference, will be held on May 11 as one of the BEYOND Week events in Macao. Join us if you wish to learn more about tech unicorns and the startup scene in Southeast Asia.
Malaysia-headquartered used car e-commerce platform Carsome is confident to break even this year, supported by its consistent growth…
Nothing Launches Ear (2) – The Ultimate Hi-Res Audio Certified True Wireless Earbuds
Better sound. Better clarity. Just better.
KUALA LUMPUR, Malaysia and LONDON, March 23, 2023 /PRNewswire/ -- London-based consumer tech brand Nothing has launched Ear (2), a set of true wireless earbuds that celebrates Nothing's iconic transparent design with elite engineering and next-level personalization for the ultimate audio experience.
Nothing Launches Ear (2) – The Ultimate Hi-Res…