Since the COVID-19 pandemic struck our nation in 2020, local businesses continue to be greatly impacted on many fronts. According to the SME Association of Malaysia, at least 100,000 SMEs have ceased operations since the first MCO. Not only that, Datuk William Ng, Central Chairman of Small and Medium Enterprises Association (Samenta) said many businesses...
Category: News
iPay88 partners Atome to expand BNPL acceptance across Malaysia
iPay88, Southeast Asia’s leading regional payment gateway provider today announced its partnership with Asia’s leading buy now pay later platform Atome to expand seamless buy now pay later (BNPL) acceptance across iPay88’s merchant touchpoints in Malaysia. APAC is leading the global digital payment revolution and is on track to represent more than half of global...
Alibaba Cloud Innovation Centre Announces Strategic Collaboration with Fidelity Funding
Collaboration to kick-off with Alibaba Cloud Demo Day 2021 More than 500 startups are anticipated to participate in this programme from October 2021 to March 2022. Alibaba Cloud Innovation Centre has joined hands with Fidelity Funding, a venture capital corporation with the aim of propelling local businesses to greater heights by equipping them with the...
DOC2US is expanding to Myanmar
The first telemedicine provider in Malaysia in compliance with the Ministry of Health to provide digitally signed e-prescription services, today announced its expansion to Myanmar as the technical partner of HOPE Telecare to help accelerate the development of digital healthcare ecosystem in Myanmar. HOPE Telecare, Myanmar’s latest all-in-one digital healthcare platform, is a joint venture...
FutureLab Raises RM2 Million in Pre-A Funding Led By Sarawak Digital Economy Corporation
FutureLab, an online mentorship platform, and EdTech social enterprise today announced a successful Pre-Series A funding round, securing RM 2 million. The round was led by Sarawak Digital Economy Corporation (SDEC) and participated by US-based investment group, Indelible Ventures, and EduSpaze, Singapore’s first EdTech accelerator.
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...
Facebook X Ray-Ban Stories: The Future of Glasses
Facebook has been with us for the longest time, and they’re not planning to back out anytime soon. Now, it wants to be with you every day. Facebook has released the world’s first “smart glasses,” which have a pair of cameras for taking images and videos, a microphone speaker for listening to podcasts, and a...
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...