Myanmar

Malaysia-based telemedicine firm DOC2US expands to Myanmar

Malaysia-based telemedicine provider DOC2US announced on Wednesday its expansion to Myanmar as the technical partner of HOPE Telecare to help accelerate the development of the…

Ant Financial, Ant Group, Jack Ma, Alibaba

Jack Ma’s fintech giant Ant: a brief history of its Southeast Asia empire building

Now we know that Ant Financial—or Ant Group, as we apparently must call it from now on—is ready for dual IPOs pretty soon, it’s a good time to remember that the Alibaba spinoff…

Phone users in Mandalay, Myanmar

Myanmar startup fund ready to roll with $80m

An investment firm focused on Myanmar last week unveiled its first VC fund focused on the fast-growing Southeast Asian nation. With $80 million at hand, Ascent Capital claims it…

money, cash, dollars, funding, VC, cash burn, burning money

Southeast Asia-focused VC funds raised a lot less money so far this year

While Southeast Asia’s startups had a good start to the year in terms of attracting investments, it was a rough few months on the VC side. Southeast Asia-focused VC funds put $1.3…

Shwedagon Pagoda, Myanmar

China’s Ant Financial ventures into Myanmar

Continuing its low-key expansion across Asia, China’s Ant Financial, maker of the Alipay mobile wallet app and a spin-off from Alibaba, has ventured into Myanmar. Myanmar’s…

money, currency, currencies, dollars, cash

Southeast Asia VC funding rocketed to $5.7b in Q1, but rest of year is probably going to suck

Southeast Asia’s tech companies attracted a stellar $5.7 billion in venture capital in the first three months of the year (Q1), way up from $991 million in the same period in…

James Tan alongside Goh Yiping and Jeffrey Seah

Southeast Asia VC lifts lid on new $50m fund

The tech investors at Quest Ventures today debuted their second fund, worth $50 million. Focused on making post-seed and series A investments, Quests’ Fund II is seeking out…