Unicorn
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...
Philippine digital payment provider becomes country’s first fintech unicorn
Philippine fintech company Globe Fintech Innovations, which does business under the brand Mynt, on November 2 said it received more than $300 million in...
Thailand finally got its first fintech unicorn
Thai fintech startup Ascend Money, whose investors include Alibaba affiliate Ant Group and Thailand’s privately-owned conglomerate Charoen Pokphand Group, after a recent financing round...
Alibaba, Brunei invest in Singapore logistic firm Ninja Van
Singapore-based logistics startup Ninja Van has raised $578 million in a new funding round backed by China’s e-commerce giant Alibaba Group and the Brunei...
E-cigarette startup wants to become Malaysia’s first unicorn
Vaping has become popular in Malaysia and abroad
Malaysian e-cigarette maker NSTY Worldwide, doing business as Nasty, seeks...
Singapore online car sales startup Carro gets $360 million from SoftBank, venture funds
Online car sales portal Carro, founded and headquartered in Singapore and also operative in Indonesia, Malaysia and...
E-commerce logistics startup becomes Thailand’s first unicorn
Thailand’s logistics services provider for e-commerce, Flash Group, after successful funding rounds has become the country’s first...
First Philippine startup valued at more than $1 billion
In what can be seen as a major milestone for the Philippine startup sector, an innovative Makati-based company creating prefabricated designer homes became the...
Latest
French, US energy giants exit Myanmar as junta-ruled country slips further into chaos
France’s TotalEnergies and US-headquartered Chevron, two of the world’s largest energy conglomerates, announced on January 21 that they were ceasing all operations in Myanmar.
As...
Stories of the week
Malaysia assesses use of digital central bank money
Malaysia has started an assessment of the potential benefits of a central bank-backed digital currency, Bank Negara Malaysia said according to a Bloomberg News...