Business
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2021: Total of 27 Southeast Asia’s Unicorns Rise Since 2014
Since there were only three unicorns in Southeast Asia in 2014, the ecosystem is teeming with billion-dollar startups. There were just three unicorns in Southeast Asia in 2014: VNG, Garena (now ‘Sea,’ and Razer. Today,…
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Grab Now Offers Food and Grocery Deliveries as Ride-Hailing Slows
Digital tech unicorn Grab has been working to put its home delivery service that delivers food and grocery products in the black by the end of this year as it prepares to offer its shares…
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Carousell Achieved Unicorn Status, With a Valuation of US$1.1B Thanks to a US$100M Investment From Korea’s STIC Investments
Carousell Group, a Singapore-based classifieds startup with operations in nine countries throughout Asia and Canada, revealed yesterday that it had secured US$100 million (RM415 million) to accelerate expansion. The media announcement made no mention of…
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Pasarnow, an Indonesian e-groceries Platform New Cities Expansion with 3.3 million USD Funding
An Indonesia e-grocer platform, Pasarnow successfully funded 3.3 million USD and has stated that this amount will be spent on expanding their regional coverage and increase their grocery supply-chain capabilities and last-mile solutions. The funding led…
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Razer Earns $34m Profit In The First Half Of The Year As Revenue Soars
Razer, the Singapore-based gaming giant, announced that its first-half revenue was at an all-time high. The company’s hardware and fintech offerings continuous growth contributed to the result. According to Razer, the total revenue rose by 68% to…
