Grab is raising US$200M at a US$14.3B valuation from South Korean private equity firm
Singapore-based ride-hailing giant Grab is raising US$200 million from South Korean private equity firm Stic Investments Inc., according to a Bloomberg report. Despite a layoff caused by the pandemic’s effect on the business, the […]
“Tor Yod Online” targets 1 billion baht
Asset World Corporation recently introduced Tor Yod Online, Thailand’s first and only online business-to-business (B2B) platform that offers wholesale E-commerce services for online-to-offline (O2O) commerce. The business connects Thai entrepreneurs […]
Grab announces US$2 Billion of funds raised in current financing round
Grab Holdings Inc. (Grab), Southeast Asia’s leading O2O mobile platform, announced it has raised US$2 billion for its current round of financing. Grab will use the funds to expand the range of O2O services it provides in Southeast Asia and to grow into becoming the everyday super app of choice for millions in the region.
Alibaba Business School Initiates Global E-Commerce Talent Network
Alibaba Business School announced the establishment of the Global E-Commerce Talent (GET) Network, in collaboration with universities and training institutions from around the world. Focused on educating and equipping individuals with the skills needed for e-commerce success in the digital economy.
Krungsri invests 4.7 billion baht for digital transformation
IBM and Bank of Ayudhya PCL announced a five-year 4.7 billion baht engagement, to support the bank’s future roadmap for growth and focus on digital banking.
TripAdvisor invested in Eatigo, aiming to grow in Asia
ASEAN’s food businesses may look promising with robust growth. However, the recent TripAdvisor’s investment in Eatigo probably reflects some bitter truth.
Aeria Inc. acquires Cybird strengthening global games for women
Aeria Group becomes number one provider of women’s games in Japan following to its acquisition of game developer Cybird Co., Ltd.
Nimo TV, Tencent Games sign strategic cooperation agreement
China’s top game streaming platform Huya Inc. signs strategic cooperation deal with Tencent Games. Both parties will promote deep cooperation in overseas game and live streaming. They aim to provide overseas game lovers with high-quality games and live streaming.
SCG posts “Circular Economy” to create sustainability
SCG has held a global forum on Sustainability Development in Thailand the “SD Symposium 2018”. It was held under the concept “Circular Economy: The future we create,” with attendees include leading global companies as well as the government sector, civil society, SMEs, startups, as well as local communities.
E-commerce market in second half year gets intense
Priceza points out the cross-border e-commerce has rapidly been growing and the competition in marketplace business is getting tougher, following the entrance of e-commerce giants from overseas.
Intouch, GSB and SET invest 90 million baht in digital marketing company YDM Thailand
YDM (Thailand) Co., Ltd., a company under Yellow Digital Marketing (YDM) a startup from South Korea introduces 3 new joint-venture investors; Intouch Holdings Pcl. by InVent Project, Invest Venture Co., Ltd. and Premier Advisory Group Co., Ltd. who are managers the trust of SME Private Equity Trust Fund by Government Saving Bank (GSB) and Stock Exchange Thailand (SET).
Ricult raises US$1.85 million in funding
Agricultural technology startup Ricult has just raised US$1.85 million in its latest seed funding round led by dtac accelerate, Chanwanich Group, Wavemaker and 500 Tuktuks.