BEAMSTART



3 Outstanding Founders in Global Sources Fashion Show HK

We found 3 incredibly interesting companies exhibited at the trade show


Revolut is now officially serving Singapore with its borderless banking solutions

Singapore residents can make seamless oversea transactions with Revolut services.


Vietnam jumps up 10 places in Global Competitive Index.

Investor confidence is high with more funds pouring in the country.




EV startup, Faraday aims to raise $850 million — despite founder’s business mishap in China

Faraday wants to achieve its funding goal by the first quarter of 2020 as a step closer to IPO


Singapore’s PropertyGuru cancelled $242 million IPO — a response to market uncertainty

The board’s decided that the wavering IPO market does not worth the new funds.


Malaysia will have its first Islamic Robo-Advisor — revolutionising Malaysia’s halal fin-tech

Wahed Invest passed regulation to bring in halal robo-advisory platform into Malaysia.


Zilingo to expand into the US with $100 million investment — reaching new markets

Zilingo to increase its workforce in sales and products.


Global Sources Mobile Electronics Opens, Focuses on 5G AIoT

The show features more than 3,700 booths of technologies that are forecasted to drive new business opportunities in global trade.



Philippines Startup Sprout Solutions raises $6 million in a Series A round

Investors from the US and SouthEast Asia led Sprout’s Series A round.


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

The high growth, high valuation company is expanding worldwide with big investments.


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

The festival will promote Thailand as the leading Marijuana strains developer.


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