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Intuit INC. Acquired Pioneer Email Marketing Company Mailchimp for US$12 Billion
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Intuit INC. Acquired Pioneer Email Marketing Company Mailchimp for US$12 Billion

TurboTax maker Intuit Inc has acquired Mailchimp, an email marketing company, for US$12 billion in a cash-and-stock deal. Over a year ago, the two pioneers began discussing forming a partnership, which later evolved into talks about an acquisition. The acquisition of Atlanta-based Mailchimp, which runs a marketing platform for small and mid-market firms, makes it...

10 Saas Tools For Malaysian Startup Businesses
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10 Saas Tools For Malaysian Startup Businesses

In Malaysia, software as a service (SaaS) businesses is becoming increasingly popular. Customers benefit from Saas’s business models in a variety of ways. Unlike standalone software that must update manually, Saas software can be updated on a regular basis. If the corporation decides to do so, their customers’ software is updated over the internet. Like...

Malaysia Tech Unicorn Carsome Raises US$170 Million To Reach US$1.3 Billion in Value
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Malaysia Tech Unicorn Carsome Raises US$170 Million To Reach US$1.3 Billion in Value

Carsome Group (Carsome), Southeast Asia’s largest integrated car e-commerce platform, has closed its US$170 million Series D2 round of funding, valuing the firm at US$1.3 billion and consolidating its status as Malaysia’s largest tech unicorn. This is supplemented by US$30 million in additional credit facilities, bringing the total funds raised to US$200 million. According to...

Covid-19 Is Pushing Companies To Go Digital to Upscale Their Level
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Covid-19 Is Pushing Companies To Go Digital to Upscale Their Level

The pandemic has further pushed companies to go into temporary lockdown, or worst of all – bankruptcy. The negative effect of the pandemic has forced everyone to adopt the strategy of working at home, pivoting most companies to work, discuss and communicate virtually. However, this change has made technology sectors receive a big boost of...

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