BEAMSTART

Insignia Ventures closes second VC fund of $200 million.

It is the largest maiden vehicle by a Southeast Asian venture capital firm.

Vivo launches first 5G phone in Malaysia, aimed at business users.

The 5G spectrum is expected to be introduced in 2020 in Malaysia.

Singapore-based Shopmatic acquires SaaS firm CombineSell

The Singapore’s ecommerce company, Shopmatic sets to streamline its online offering from its CombineSell acquisition.

Indonesian insurtech startup, Fuse, raised $2 million from its series A round

Fuse closed $10 million funding in total through the first 3 quarters of 2019.

Malaysia’s 2020 budget includes boosting 5G ecosystem

Malaysia sets its direction towards digital economy.

India's unicorn, Oyo, reminds us of WeWork’s recent blunder

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Thailand will host the first Ganja Festival in the world on January 2020

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BEST Inc. is diving into Vietnam’s market with its express delivery solution

The company is expanding its coverage in South East Asia.

Foodpanda's app ratings have dropped from 4* stars to 1* star due to angry users.

Riders went on strike in the past week due the introduction of a new payment scheme.

FashionValet’s Vivy Yusof and LinkedIn’s Olivier Legrand will speak at MaGIC E-Nation

Over 40 big name speakers will share their entrepreneurial insights at the event.

Meet these 8 next-gen high-net-worth entrepreneurs participating in the Innovatif+ Summit this October.

A phenomenal opportunity for new business deals and investment opportunities.

Malaysian Female CEO sells AlkaLife Group to Conglomerate in Korea.

The 32-year old entrepreneur is one of the youngest women from Malaysia with an acquisition.

Get inspired with the speakers at the Innovatif+ Summit in Penang

World-class speakers sharing innovative solutions and methods.

iCARES raises 6-figure Investment lead by TBV Capital and Angel investors.

The company now serves more than 20 communities in Johor Bahru and expanding to more states across Malaysia and Singapore.

Hmlet to expand its co-living operation in Singapore to Japan

MEC will oversee Hmlet’s properties sourcing in Japan.

99.co acquires iProperty.sg and Rumah123 portals to boost growth in SouthEast Asia

The acquisition will catapult 99.co to its target on market leadership.

HSBC to cut 10,000 jobs — the banking industry is facing deep job cut wave

Global economic turmoil frustrates HSBC and other big banks.

Stripe has launched its service in Malaysia — providing faster online business transactions

Interbank FPX as a payment option are currently being tested as well.

Laos ride-hailing app Loca to be featured at the Mekong Innovation conference in Thailand

LOCA was selected to present its final pitch at Mekong Innovative Startups in Tourism (MIST).

Demands for luxury cars rise in China, despite overall declining car sales

10 premium brands such as Mercedes Benz, Volvo, and BMW see sales spike in China this year.

Meet the investors participating in the Innovatif Plus Summit in Penang

For entrepreneurs who are fundraising to scale.

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MyTukar is helping Malaysians sell their used cars in as fast as 2 hours.

Thousands of cars sold monthly, amounting to over MYR 215 million in value.

Wallace Ho 2 Jul, 2019

BEAMSTART - MyTukar is helping Malaysians sell their used cars in as fast as 2 hours.

Selling a used car can be a complicated process, especially when it's one's first time.

Dubbed "Your Trusted and Transparent Car Selling Platform", Fong and the MyTukar team are on a mission to change make it extremely easy for people to sell their used cars in a very short period of time.

In fact, in just a few clicks online and a physical inspection, MyTukar is able to get sellers paid in as fast as 2 hours.

A simple form to make an appointment with MyTukar.

Interested sellers can easily started by filling up a simple appointment booking form on the MyTukar website to schedule a car inspection session.

MyTukar gives users 2 options to sell their car — a nationwide live bidding where interested buyers bid for the used car, or a direct sale of the car to MyTukar, in which the seller will be paid in as fast as 2 hours.

The MyTukar team. In the center is Fong, the founder.

Since it's founding 18 months ago, MyTukar has been growing at an exponential rate of over 30% month on month, selling close to 7000 vehicles worth over MYR215 million in value.

In fact, the service has been rising in popularity so quickly the company is close to averaging thousands of sales monthly, averaging over RM30 million in monthly transaction volume.

Moving forward, MyTukar aims digitalize the car dealership industry using the power of technology.

By 2020, they aim to capture at least 10% of the RM16 billion local used car market that's presently transacting over 400k vehicles yearly.

MyTukar's broader plan is to digitalize the car dealership industry by providing tools and automation services to help them go digital. We believe that there's tremendous potential in the market, and believe we're on track to capturing a sizable part of that market by 2020.

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iCARES raises 6-figure Investment lead by TBV Capital and Angel investors.

The company now serves more than 20 communities in Johor Bahru and expanding to more states across Malaysia and Singapore.

Apple says all new iOS apps must accommodate the iPhone X’s notch

The rule comes into effect from April 2018 and concerns apps submitted from then onwards; Apple will also require devices to use the iOS 11 SDK for their builds.

#DeleteFacebook is trending: Here’s how to delete your Facebook account

The hashtag #DeleteFacebook is trending on Twitter.