malaysia

Pine Labs Acquires Malaysian eCommerce Startup Fave For $45 Million
Pine Labs Acquires Malaysian eCommerce Startup Fave For $45 Million
April 13, 2021  |  News

Singapore’s merchant commerce unicorn Pine Labs has acquired Malaysian eCommerce FinTech startup Fave in a deal worth in excess of $45 million, Reuters reported on Tuesday...

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Malaysian eWallet Provider TNG Digital Looks To Raise $150 Million For Expansion
Malaysian eWallet Provider TNG Digital Looks To Raise $150 Million For Expansion
January 21, 2021  |  Investments

TNG Digital, the venture launched by China’s Ant Group and Malaysia’s Commerce International Merchant Bankers (CIMB), is in talks to raise $150 million to fund...

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New Everpeaks Logistics Platform Uses Malaysian Free Trade Zone
New Everpeaks Logistics Platform Uses Malaysian Free Trade Zone
January 17, 2021  |  B2B Payments

Malaysian eCommerce logistics firm Everpeaks has launched a logistics platform called Fulfilment [sic] by Everpeaks that the company said will reduce costs for manufacturer-to-consumer shipping...

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Big Tech Compliance Tracker: Malaysia Gets Approximately $107 Million In Digital Services Taxes; FAA Approves New Drone Regulations
Big Tech Compliance Tracker: Malaysia Gets Approximately $107 Million In Digital Services Taxes; FAA Approves...
January 04, 2021  |  Regulation

Here’s the latest news from the technology industry, which is coming under increasing global interest from governments. Malaysia Receives Approximately $107 Million In Digital Service...

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Tesco To Unload Thailand, Malaysia Assets In CP Group Deal
Tesco To Unload Thailand, Malaysia Assets In CP Group Deal
March 09, 2020  |  Retail

With an arrangement that values the business at $10.58 billion, Tesco has struck a deal to sell its Malaysia and Thailand assets to entities of CP...

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Malaysian Food Delivery Startup Dahmakan Raises $18M
Malaysian Food Delivery Startup Dahmakan Raises $18M
February 27, 2020  |  Investments

Dahmakan, a Malaysian food delivery startup that uses menus and cloud kitchens, has raised $18 million in a Series B funding round, according to a...

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Telecom Axiata Seeks Partnership For Malaysian Digital Banking License
Telecom Axiata Seeks Partnership For Malaysian Digital Banking License
February 21, 2020  |  Digital Banking

Axiata Group, a Malaysian telecom firm, has been in talks with as many as 11 different partners to bid for a digital banking license in...

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Malaysian eCommerce Firm Takes 7-Figure Stake In BizApp
Malaysian eCommerce Firm Takes 7-Figure Stake In BizApp
February 18, 2020  |  eCommerce

Commerce.Asia, an all-in-one eCommerce and technology company, has purchased a 30 percent stake in business platform BizApp, which helps businesses and brands manage daily operations...

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Japanese Sales Tax Triggers 6 Pct Economic Contraction
Japanese Sales Tax Triggers 6 Pct Economic Contraction
February 18, 2020  |  International

The coronavirus outbreak has pushed Japan to the brink of a recession as tourism slides and spending drops in response to a sales tax hike, The...

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