News until Dec 06, 2019

Hong Kong’s Area28 receives over $2.1 million from Vectr and Alibaba

The funding round led by Vectr Ventures and Alibaba Hong Kong Entrepreneurs Fund, with support from APES Ventures, Bright Success Capital, and Ironfire Ventures.

Ismawati AsmatDec 05, 2019

Starbucks sees slow growth in China despite opening a new cafe every 15 hours

Its sales struggle to keep up with its rapid expansion in China.

Syamil FaisalDec 05, 2019

Online credit platform Kredivo raises US$90M to expand its lending business in Indonesia

The Series C funding round was led by Asia Growth Fund and Square Peg Capital.

Ismawati AsmatDec 05, 2019

Boxben is Helping Businesses Increase Revenues by Automating their entire Sales Processes.

Through a powerful solution to nurture customer relationships and handle billing processes.

Wallace HoDec 04, 2019

LITE-ON's Antenna Alignment and Monitoring Solution wins the 2019 International Innovation Award

The award validates LITE-ON’s successful transformation to a solution provider.

Ismawati AsmatDec 04, 2019

Indonesia’s Komunal secures seed funding from East Ventures

Komunal announced that it has secured an undisclosed amount of seed funding led by East Ventures and Skystar Capital.

Ismawati AsmatDec 04, 2019

MVLLABS secured $5 million in Series A funding round — looks to grow its mobility ecosystem

Its ride-hailing service TADA is the first blockchain-based in the world.

Syamil FaisalDec 04, 2019

Google announces 6% digital tax for Malaysian users started next year

To be in compliance with Malaysia’s new Sales & Services Tax, Google will charge a 6% Services Tax to its users in the country, starting from January 1, 2020.

Ismawati AsmatDec 03, 2019

Indonesia’s OJK: Banks' loan growth in October at the slowest pace since 2016

Data from the Financial Services Authority (OJK) showed the disbursement of bank loans grew only 6.53 percent year-on-year in October, the slowest pace since 2016.

Ismawati AsmatDec 03, 2019

Indonesia’s Lippo Group sells shares in OVO

Lippo Group decides to sell a portion of its shares in PT Visionet International (OVO) as it needs partners to develop the financial technology company.

Ismawati AsmatDec 02, 2019

Halofina secures pre-Series A funding led by Mandiri Capital Indonesia

Without mentioning the amount, fintech startup Halofina announced the pre-Series A round of funding from Mandiri Capital Indonesia and Finch Capital.

Ismawati AsmatDec 02, 2019

#AsiaRocks Conference connects ecosystem builders across Asia — providing market expansion opportunities for startups

Taiwan Startup Stadium (TSS) held the one-day event to integrate Asia’s startups with APAC resources.

Syamil FaisalDec 01, 2019

Mandiri Capital Indonesia to invest Rp 50 billion in 3 startups next year

Mandiri Capital Indonesia (MCI) targets fintech and insurtech startups as its top priority.

Ismawati AsmatNov 29, 2019

Malaysian VC, RHL Ventures launches Accelerator program.

To grow local businesses focused on emerging technologies.

Ismawati AsmatNov 28, 2019

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