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Indonesia-based insurtech startup Fuse announced today it has secured $25 million of Series B extension round as it plans to enter more countries including Thailand and Vietnam in Southeast Asia. The company said it has the largest GWP in Indonesia and Southeast Asia. .
Workmate , a Singapore-based on-demand staffing platform, has been acquired by Persol Asia Pacific , one of the region’s largest HR service providers. Workmate focuses on frontline and essential workers, and the acquisition will allow it to expand its HR solutions throughout the Asia Pacific.
Secai Marche , a farm-to-table fulfillment platform serving farmers in Japan and Southeast Asia, announced today it has raised 210 million Japanese yen (about $1.6 Spiral Ventures Asia Fund I and Beyond Next Ventures. million USD) in Series A funding. This brings the startup’s total raised so far to $4.5
Vaishali Kasture, the executive Amazon appointed as the interim head of AWS India and South Asia, has quit the firm, a source familiar with the matter told TechCrunch, merely seven months into the top role. Amazon didn’t immediately respond to a request for comment by email and phone.
Igloo , a Singapore-based insurtech focused on underserved communities in Southeast Asia, announced it has raised a Series B extension of $27 million, bringing the round’s total to $46 million. Igloo currently works with 20 global, regional and local insurers across Southeast Asia.
million in Series A funding led by Sequoia Capital Southeast Asia. The funding will be used to scale Tazapay’s business in Asia and expand in regions like the Middle East and Europe. The Singapore-based fintech, which enables cross-border payments in more than 170 markets, announced today that it has raised $16.9
The Singapore-based cybersecurity startup announced today it has raised $6 million in seed funding from Sequoia Capital Southeast Asia, which it will use on R&D engineering and its go-to-market plans. SquareX’s go-to-market strategy will focus on the United States, the United Kingdom and Asia first.
Details: Li Auto has been working with a group of high-quality and experienced authorized dealers in Central Asia, the Asia-Pacific region, and several other markets and will increase its investments in Latin America and Europe, according to Li. Meanwhile, the companys annual profit plunged by nearly a third to RMB 8 billion ($1.1
Undergirding their strong conviction is a bet that India and Indonesia and other markets in South Asia will double and triple their GDPs in the next 10 to 15 years, and the public markets and tech companies stand to take a significantly broader role in that surge. The combined market cap of top-five tech companies in the U.S.
Its new funding will be used to add more warehouses and transport operators to Locad’s network and on hiring in Southeast Asia and Australia, with the goal of building the region’s largest network of warehouses over the next five years. 4 ways to use e-commerce data to optimize LTV pre- and post-holiday.
3) Animals Asia Shop :: shop.animalsasia.org. Proceeds benefit Animals Asia work to end bear bile farming and improving the welfare of animals in China and Vietnam. Proceeds benefit Amnesty International, a nonprofit that works for the human rights of all people – no matter who they are or where they are.
Google officially announced the "Humboldt" project, a joint initiative to build a new undersea internet infrastructure. The Mountain View corporation will work together with the Chilean infrastructure fund Desarrollo País of Chile, the Office of Posts and Telecommunications of French Polynesia (OPT) and other partners to link Australia and Chile.
In the coming decades as wealth rises in Asia, so will philanthropy and with it a second wave of online activism and giving. First-time access the mobile internet is exploding across Asia, Africa, Latin America, and the Middle East and in Europe, North America, and Australia, the mobile web has surpassed desktop.
In addition to Americans, parts of Europe, Australia, Asia, South America, and Africa can also get in on the action. In the wee hours of the morning, night owls can witness a full blood moon, supermoon, “worm” moon, and a total lunar eclipse.
3) Animals Asia Shop :: shop.animalsasia.org. Proceeds benefit Animals Asia work to end bear bile farming and improving the welfare of animals in China and Vietnam. Proceeds benefit Amnesty International, a nonprofit that works for the human rights of all people – no matter who they are or where they are.
The data center is being constructed in Jamnagar and is projected to have a staggering total capacity of three gigawatts upon completion. For perspective, the largest operational data centers today peak at under one gigawatt. This means Ambani's facility would dwarf anything currently in existence. Read Entire Article
The digital asset space is still trucking along, while there were some big headlines, the week was arguably a little less chaotic (for now). Check out what caught our attention below.
According to Etienne Ng, Regional Director of Southeast Asia at Weixin Pay, Tencent, the effort began roughly two years ago, around 2023, with a partnership between Weixin Pay and the Singapore Tourism Board as China began reopening after the COVID-19 pandemic. The collaboration builds on Tencents strategic interest in the region.
16) In Asia, religious giving is more diverse than any other region in the world. 57% of religious giving in Asia is online. Currrently, WhatsApp inspires 20% of giving in Africa.
As someone who covers Southeast Asia startups and funding stories, the best word I can think of to describe 2021 is “whoa!” Backed by international LPs, Southeast Asia-focused venture firms like Alpha JWC , AC Ventures and Jungle Ventures raised their largest funds yet. Predicting the next wave of Southeast Asia tech giants.
It’s unclear if the new model is exclusive to China or Asia, or if it’s being distributed globally. The ‘new’ 970 Evo Plus was first tested by a Chinese YouTube channel (whose video on the topic does have English subtitles, if you want to watch).
The attack was comprised of approximately 70,000 "sources" from the Asia-Pacific region including Malaysia, Vietnam, Taiwan, Japan, and China. Amir Dahan, a senior program manager at Azure Networking, detailed how the attack that took place at the end of August was conducted. was also mentioned as a country.
At least three fiber cables were severed at 20:30 (UTC), making Internet access slower for users in Europe, Asia, and the United States. On Wednesday night, a serious incident involving an undersea cable in the south of France caused widespread internet connectivity issues. Cloud companies quickly worked to fix the backbone.
Qatar is a small country located on the Arabian Peninsula in Western Asia. It serves as the host for this year's FIFA World Cup, scheduled to run from November 20 to December 18. Most notably, it is the first time the World Cup has been hosted by an Arab nation.
Microsoft's report, titled East Asia threat actors employ unique methods, notes that Chinese campaigns have continued to refine AI-generated or AI-enhanced content, creating videos, memes, and audio, among others. While their influence might not be too impactful right now, it may prove increasingly effective down the line as it becomes.
Increased access to online and mobile giving technology in Africa, Asia, and South America will likely grow these numbers significantly in coming years. View: Giving Trends in Asia Data Sheet. 1) 54% of donors worldwide prefer to give online with a credit or debit card and 9% through PayPal. View: Giving Trends in Africa Data Sheet.
In Asia Pacific, Latin America, Africa, and the Middle East mobile payment systems through messaging apps are on the rise and worldwide digital wallets are gaining users. That said, below are 12 stats to consider and research further about online fundraising, social media, and mobile technology.
Nikkei Asia writes that Chinese semiconductor makers are turning to Japan for used equipment in the wake of US sanctions, sending up prices in the country's second-hand market. With the worldwide chip shortage still causing supply problems across multiple industries, even older, out-of-date machines are selling fast; this has seen.
Founded in 2016 in Singapore, AnyMind expanded into Southeast Asia, East Asia, India and the Middle East through aggressive acquisitions. Its manufacturing platform AnyFactory , connected to more than 200 manufacturers across Asia, helps anyone find the best suppliers to make their products.
Digitimes Asia reports that Japanese suppliers Chemi-Con and Nichicon had to close their facilities in Malaysia because of Covid lockdowns in July and August. Even after ending the lockdowns, they've reportedly only returned to around 60 percent of their workforce, which has forced them to cap their manufacturing capacity.
Speaking in an interview with Nikkei Asia, Gelsinger reaffirmed that the issues consumers are facing when it comes to buying goods such as graphics cards, or anything with a chip in it, aren’t going to get better next year.
Nikkei Asia reports that Sony is now in final negations to purchase San Francisco-based Crunchyroll, which was founded in 2006 and has been a subsidiary of Otter Media, itself a subsidiary of AT&T's WarnerMedia, since 2018. Available on the Xbox, PlayStation, streaming devices, and phones in more than 200 countries,
TPG invested in the startup through its TPG Capital Asia, its Asia-focused private equity platform. The new financing round valued the 21-year-old startup “at well north of $1 billion,” said Srikanth Velamakanni, co-founder and group chief executive at Fractal, in an interview with TechCrunch.
Nikkei Asia reports that Apple is scaling back iPhone 12 production by more than 20 percent. The most significant portion of the cuts will be for the iPhone 12 Mini. Anonymous sources claim that lower than expected demand for the Mini is to blame.
Citing “multiple sources,” Nikkei Asia reports that iPad production has been slashed in half from Apple’s original plans for the last two months, with components originally destined for the company’s tablets instead heading to the iPhone 13 lineup.
According to Nikkei Asia, Intel plans to raise prices on flagship products such as consumer and server CPUs, Wi-Fi chips, and controllers this autumn. It's expected that the hikes will vary based on the item, ranging from single-digit increases all the way up to 20%.
East Asia-based financial analyst Dan Nystedt noted Intel plans to package them with compute tiles of. Taiwan news outlet Commercial Times claims that the graphics processing hardware in the Meteor Lake CPUs will be TSMC 3nm chips. Industry insiders say TSMC will start producing them before the end of 2022.
According to a new report by Nikkei Asia, Japanese authorities are poised to toughen their antitrust regulations, posing a significant challenge to incumbents in the mobile market. The publication revealed that penalties aimed at curbing monopolistic practices will see a substantial increase, with fines more than tripled compared to current.
Sources familiar with the matter told Nikkei Asia that Apple aims to use TSMC’s 4nm manufacturing process for its first in-house 5G modem. The people added that Apple is also working on its own radio frequency and millimeter wave components to complement the 5G modem, with others noting that the.
Leading the charge was Dr. Koichi Wakata, Axiom's chief technology officer for Asia-Pacific and a former Japanese astronaut who was also once. Axiom Space is a Houston-based firm that runs end-to-end missions to the International Space Station. It recently visited Taiwan to propose the idea of producing chips in space. Read Entire Article
According to a report on the Board Channels forums, which features PC-related stories from sources close to supply chains and AIC partners in Asia, Nvidia has started reducing RTX 4060 supply as of February. Read Entire Article
Geoff Huston is calling for the creation of a hypothetical "routing police," a third-party organization that should thoroughly investigate internet service providers when a major outage leaves millions of users with no internet connection.
Apple has reportedly reached out to at least one component supplier in Asia despite the devices still being in the very early stages of development. Read Entire Article
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