Cainiao, Alibaba’s logistic arm, to expand last mile network in Singapore
The network will comprise over 1,600 collection points, 600 couriers and 500 lockers island-wide...
Tag : Southeast Asia
Tencent invests in Chinese healthtech firm Shanghai Kyee Technology
The healthtech raised $64 mn in its funding round...
Vietnamese fintech Kim An Group secures Series A funding
Its list of investors include Patamar Capital, Viet Capital Ventures, and East Ventures...
China-based biotech firm Biocytogen secures $142 mn funding
The funding round is led by CMB International...
Alibaba to invest $3 bn in Singapore’s ride-hailing giant Grab
The ecommerce giant will acquire some of the Grab stock held by Uber...
Ride-hailing giant Gojek acquires majority stake in Vietnamese fintech WePay
Through the deal, Gojek expects to secure a ewallet licence in Vietnam...
Aviva sells 75% of its Singapore business to rival Singlife
The deal is expected to be completed in 2021...
Singapore Airlines to let go 20% of its workforce as pandemic takes toll
Around 4300 employees are expected to lose their job...
Thailand-based insurtech Sunday raises $9 mn to expand in SE Asia
The funding round is led SCB 10X, the venture capital arm of the Siam Commercial Bank...
Vietnamese fintech Wee Digital raises funds for expansion
The funds are provided by VC firm InterVest and Vina Capital Ventures...