Funding round
Singapore-based micromobility startup to boost expansion across Asia-Pacific
Beam, a shared micromobility operator founded and headquartered in Singapore, said in an announcement on February 25 that it will accelerate its expansion across...
Indonesian coffee shop startup reaches unicorn status
Indonesia is once again making a name for being one of the most entrepreneur-friendly countries in Southeast Asia after another unicorn - a startup...
Facebook, PayPal invest in Indonesia’s e-commerce group Gojek
US social media giant Facebook and online payment pioneer PayPal both have participated in a fundraising round...
Singapore logistic startup raises $279 million as people resort to online shopping amid virus crisis
While the majority of businesses suffer from severe economic disruption caused by the coronavirus pandemic, there are...
Indonesia’s Tokopedia raises $1.1 billion from Alibaba, Softbank
Indonesia’s leading e-commerce portal Tokopedia said on December 12 it has raised $1.1 billion in funding from investors including Japanese tech holding SoftBank’s Vision...
Go-Jek confirms expansion to Thailand, Philippines, Vietnam, Singapore
Indonesia's homegrown ride-hailing app Go-Jek on May 24 confirmed earlier reports that it will launch its services in four other Southeast Asian countries as...
Latest
HSBC considers $200-million IPO of local Indonesian unit
UK-based multinational banking giant HSBC is considering listing its Indonesia unit on the stock exchange in Jakarta, Bloomberg News reported with reference to unnamed...
Stories of the week
New Philippine leader seeks help from South Korea for revival of nuclear power plant
Philippine president-elect Ferdinand Marcos emphasised his determination to adopt nuclear power in the country, holding talks on May 23 with South Korea's envoy on...