The startup wave once again is poised for an upswing in 2022. This year shall see a considerable change in various industries and sectors. So, here are five predictions for 2022 that’ll help you make the most of it. Climate change technology Experts posit a significant investment in carbon-neutral solutions. Companies using Artificial Intelligence and...
Southeast Asia is one of the most diverse regions in the world. People’s demands are vastly different in each country – cultural differences, languages, and other characteristics create unique ideas for the 675 million people that live in those countries. As a result, the region offers fertile ground for a diverse range of startups to...
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...
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...
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...
After the market plunged by taking the hit from Covid-19, they are now ripe for public companies. Big companies such as Bumble, Roblox, and Discord have piqued investors’ interest, and there are no signs of backing out. But among all the giants, Stripe has caught the eyes of many. What began as a small startup...
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...