Malaysia introduces incentives to lure global unicorns – report

Earlier on Monday, Prime Minister Anwar Ibrahim launched the KL20 Action Plan paper in conjunction with the inaugural KL20 Summit 2024.

Singapore’s Carousell Co-Founder Lucas Ngoo to step down

Ngoo said he will continue to have full vested interests in the success of Carousell as a co-founder, board director and shareholder, and have full confidence in our business and leadership team.

Vietnamese internet firm VNG seeks $150 million in US listing – report

The news came after Vietnam-based electric car maker VinFast's recent sterling debut in the US. VinFast's shares have rocketed after its US debut earlier this month.

Airwallex raises $200M in Series E led by Lone Pine Capital, reaches $4B valuation

The investment will support Airwallex's global expansion and enable the company to accelerate multiple product development initiatives across its engineering hubs, grow its sales teams and increase its breadth of offerings for SMEs and larger enterprises.

Singapore online marketplace Carousell becomes Southeast Asia’s latest unicorn after raising $100M

The latest funding round also came after Carousell raised $80 million in an investment round led by South Korean tech giant Naver in September last year.

How Carsome became Malaysia’s largest tech unicorn – with a little help from a friend

Gobi Partners’ continued faith and multiple investments into Carsome paved the way for the e-commerce platform to dominate Southeast Asia’s used car scene, en route to becoming Malaysia’s first and largest unicorn.