South East Asia

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 2022-12-01 05:36 

Tech in Asia

GoTo shares fall to new low after stock lockup expires...

GoTo shares plunged 6.6% to 141 rupiah on Thursday morning in Jakarta, down 58% from the IPO price of 338 rupiah....

 2022-12-01 05:00 

Tech in Asia

MAS awards major payment institution license to SG crypto platform...

MetaComp is the latest company to be awarded the license, following Atome last month....

 2022-12-01 03:13 

Tech in Asia

Dutch cloud communications firm lays off 31% of staff...

MessageBird cited poor macroeconomic conditions and rapid growth as factors leading up to this move....

 2022-12-01 02:30 

Tech in Asia

Tiger Global-backed Ula lays off 134 employees...

The Indonesia-based B2B ecommerce marketplace cited market turbulence, commodity price volatility, and supply shortages as among the reasons for the move....

 2022-12-01 01:55 

Tech in Asia

Can Carsome break even in 2023?...

The used-car platform plans to go back into the black after an eventful 2022....

 2022-12-01 01:00 

Tech in Asia

Carousell posts $49.5m in revenue in 2021 as growth slows...

In 2021, the classifieds giant laid foundations for recommerce, which will pave the way for its next phase of growth as it heads toward profitability....

 2022-12-01 01:00 

Tech in Asia

Making sense of Malaysia's new PM and tech reforms...

Uncertainty remains as the country awaits the formation of its new government....

 2022-11-30 10:18 

Tech in Asia

Temasek's FTX investment scrutinized in Singapore parliament...

Deputy prime minister Lawrence Wong says that the effect of the collapse is very limited, and he's confident that Temasek will learn from the experience....

 2022-11-30 09:30 

Tech in Asia

The latest in Malaysia's tech narrative...

An overview of Malaysia's tech scene and Astra International's new used-car platform in Indonesia....

 2022-11-30 09:07 

Tech in Asia

South Korea-based pizza brand rounds up $45m in series C...

GoPizza operates 180 stores across South Korea, Singapore, India, Indonesia, and Hong Kong....

 2022-11-30 07:43 

Tech in Asia

Asia Partners eyes $600m fundraise for SEA fund...

The Singapore-based growth equity firm's last fund closed at US$384 million, AVCJ reported....

 2022-11-30 07:39 

Tech in Asia

JD.com set to pull out from Indonesia and Thailand...

The firm is looking to shift focus to its home country as it has recorded piling losses in both Southeast Asian markets, South China Morning Post reported....

 2022-11-30 07:08 

Tech in Asia

Animoca Brands to launch $2b metaverse fund...

Having financed 66 startups in H1 2022, Animoca Brands was the biggest investor in the crypto scene during the period, Nikkei Asia reported....

 2022-11-30 07:00 

Tech in Asia

The untapped potential of Vietnam's BNPL industry...

In The Top Up this week, we analyze the potential of Vietnam's BNPL market and examine Kredivo's partnership with Telkomsel....

 2022-11-30 06:38 

Tech in Asia

China reopening may cool global inflation: Morgan Stanley report...

Growth in developed markets is expected to soften, and China will be an important countertrend to promote global economic health, the report said....

 2022-11-30 06:30 

Tech in Asia

Lessons from the demise of two Chinese grocery delivery pioneers...

The influential Nice Tuan and MissFresh both shut down in recent months, despite having early success, rapid expansion and innovative business models....

 2022-11-30 06:00 

Tech in Asia

The pandemic hit rural SMEs hard. Here's how Shopee helps them bounce back...

Shopee's all-in-one platform supports rural entrepreneurs with the tools they need to expand their customer reach....

 2022-11-30 04:00 

Tech in Asia

One Minute: Why Brazil?...

Felipe Matos, president of the Brazilian Startup Association, shares why businesses should consider expanding to the country....

 2022-11-30 03:00 

Tech in Asia

Gogoro to launch EV battery stations and scooters in the Philippines...

The Taiwanese firm is entering the Philippines through a strategic partnership with 917Ventures and Ayala Corporation....

 2022-11-30 02:10 

Tech in Asia

Australian edtech firm for cloud computing secures $2.7m seed money...

Saasguru currently offers 15 programs focused on different platforms such as Salesforce, Amazon Web Services, and Google Cloud Platform....

 2022-11-30 01:55 

Tech in Asia

Why Vietnam is buying into BNPL now, not later...

BNPL players see a huge opportunity in the country, where consumption is rising and only 4% of the population own credit cards. But can they deliver?...

 2022-11-30 01:00 

Tech in Asia

A closer look at how East Ventures is driving ESG impact in Southeast Asia...

The VC has developed formal processes and toolkits to support ESG efforts across its ecosystem....

 2022-11-29 23:30 

Tech in Asia

Early-stage VC firm Iterative closes new $55m fund...

The Singapore-based firm has invested between US$150,000 to US$500,000 in more than 65 startups through YC-like accelerator programs....

 2022-11-29 09:30 

Tech in Asia

A timely dive into Shopee's profitability plans...

A closer look at how Shopee is doing and what the partnership between ComfortDelGro and Gojek means....

 2022-11-29 09:17 

Tech in Asia

Google, Microsoft-backed VerSe Innovation lays off 150 employees...

The India-based firm is also implementing an 11% salary cut for employees earning over US$12,242 annually....

 2022-11-29 08:31 

Tech in Asia

Ex-Lazada president Jessica Liu joins Shein...

At Shein, Liu will be responsible for global brand partnerships....

 2022-11-29 07:09 

Tech in Asia

Indonesia-based Ajaib lays off 8% of workforce...

The investment app has also opted to voluntarily reduce manager pay and temporarily cut co-founders' salaries to weather the current slowdown....

 2022-11-29 07:00 

Tech in Asia

Behind the rise of TikTok's sister app...

This week, On the Rise analyzes if CapCut can boost ByteDance's revenue and discusses the opportunity for Southeast Asia's EV sector in a recession....

 2022-11-29 06:30 

Tech in Asia

Have Amazon and Shein cracked the omnichannel fashion code?...

Both online giants recently opened physical fashion stores, and their new ventures may be lighting the way for the future of retail....

 2022-11-29 05:52 

Tech in Asia

J&T Express names Lionel Messi as first global ambassador...

The Indonesian logistics firm launched the partnership in a bid to promote the brand via collaborations with local network partners....

 2022-11-29 04:25 

Tech in Asia

SoftBank Investment Advisors director steps down...

Anna Lo had been with SoftBank since 2006....

 2022-11-29 04:00 

Tech in Asia

Diving into decentralization: A breakdown of decentralized exchanges (infographic)...

For any user that wants to trade cryptocurrencies, decentralized exchanges have been an invaluable part of the process in the industry....

 2022-11-29 03:30 

Tech in Asia

3 tips from Monk's Hill Ventures' Susli Lie on finding the right co-founder...

Having a great co-founder can make all the difference in the startup journey....

 2022-11-29 03:24 

Tech in Asia

Unilever, East Ventures pour $6m into Indonesian vegan beauty brand...

Esqa has launched 120 products, all of which it says are vegan and Halal-certified....

 2022-11-29 03:00 

Tech in Asia

Recession Watch: All that layoff news may be overblown...

The US sends mixed signals while Asia remains optimistic. Also, tips on how not to lose your best salespeople when times get tough....

 2022-11-29 03:00 

Tech in Asia

This deck helped MoEngage secure $77m this year...

The company said it engages over 1.2 billion customers a month, with over 3.2 billion messages sent daily worldwide....

 2022-11-29 03:00 

Tech in Asia

Ex-Foodpanda, Rocket Internet execs' flexible workspace app expands to Dubai...

Deskimo lists various co-working spaces on its platform and allows users to pay by the minute for each spot....

 2022-11-29 02:29 

Tech in Asia

Singapore insurtech firm secures $27m in series B extension round...

Since 2019, Igloo has facilitated more than 300 million policies and increased its gross written premiums by 30x....

 2022-11-29 01:55 

Tech in Asia

CapCut could be ByteDance's next cash cow...

TikTok's sister app CapCut has dominated its category for the past year, but can the video-editing platform further monetize its audience?...

 2022-11-28 21:00 

Tech in Asia

AirTree, Binance back Australian fraud detection firm's $15.4m raise...

FrankieOne is an identity and fraud detection platform that helps companies onboard customers faster and better protect their existing users....

 2022-11-28 14:12 

Tech in Asia

Line to shutter crypto exchange platform...

Bitfront said that the move is unrelated to "recent issues related to certain exchanges that have been accused of misconduct."...

 2022-11-28 12:01 

Tech in Asia

Indonesian conglomerate to take on Carro, Carsome with new platform...

Mobbi, a subsidiary of Astra International, is integrated with the conglomerate's business lines, which includes finance, insurance, and payments....

 2022-11-28 10:24 

Tech in Asia

EDBI's chief exec to step down, establish new fund...

Chu Swee Yeok will be succeeded by Paul Ng, who is currently a managing partner at EDBI....

 2022-11-28 09:55 

Tech in Asia

Temasek admits it could have been defrauded by FTX...

The government-owned investment firm has updated its FTX statement while former CEO Ho Ching also weighed in via Facebook....

 2022-11-28 09:30 

Tech in Asia

Black Forest, not Red Velvet for Cake DeFi...

We take a closer look at the layers in Cake DeFi's financials and Grab's analysis of food and grocery trends across the region....

 2022-11-28 07:00 

Tech in Asia

Can't make you love me: SEA's stock exchanges struggle to attract tech listings...

Opening Bell is Tech in Asia's free newsletter that brings you the biggest news and latest trends around Asia's publicly listed tech companies....

 2022-11-28 06:38 

Tech in Asia

Vietnamese F&B firm raises $4.5m from Do Ventures, Nextrans...

Cooky currently has over 1 million downloads after 1.5 years of operation....

 2022-11-28 06:30 

Tech in Asia

How to stop your startup becoming a 'franken-org'...

There are some common mistakes many founders make in organizational design. Learn how to recognize and avoid them by thinking strategically....

 2022-11-28 05:54 

Tech in Asia

Crypto.com, Independent Reserve in top 5 for strong AML; Binance places 42nd...

Coinbase took the 25th spot while Binance trails at 42nd place in the leaderboard provided by Hoptrail, a UK-based crypto risk analytics platform....

 2022-11-28 04:31 

Tech in Asia

Former Grab director's influencer platform banks $13m...

TipTip enables influencers to create content and connect directly to their fans....

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