BEAMSTART



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.


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.


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