#asia

3:53am, 2nd August, 2019

Tencent Cloud seeks partners in South Korea, Southeast Asia for overseas expansion

China's Tencent Holdings is scouting for partners in South Korea and Southeast Asia to offer cloud-based games, after entering the Japanese market last month.

Asia's tech champions zero in on main street banking

9:14pm, 14th April, 2019

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Asia's tech champions zero in on main street banking

Asia's internet firms are challenging the region's traditional banks for consumer finances, tapping their massive user networks for business and following a trail blazed in China by tech giants Alibaba and Tencent.

Exclusive: Grab eyes more funding, after raising $4.5 billion in SE Asia's largest financing round

10:39pm, 5th March, 2019

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Exclusive: Grab eyes more funding, after raising $4.5 billion in SE Asia's largest financing round

Grab is considering raising more funds from strategic investors, the president of Southeast Asia's top ride-hailing firm said, after raking in over $4.5 billion in the region's largest private financing round that included SoftBank's V...

Google-Temasek study sees $240 billion Southeast Asia internet economy by 2025

11:21pm, 18th November, 2018

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Google-Temasek study sees $240 billion Southeast Asia internet economy by 2025

Southeast Asia's internet economy is expected to exceed $240 billion by 2025, a joint study by Google and Temasek Holdings showed, a fifth more than previously estimated, as more consumers use their smartphones to go online.

Hyundai raises Southeast Asia bet with second investment in Grab

7:47pm, 6th November, 2018

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Hyundai raises Southeast Asia bet with second investment in Grab

Hyundai Motor Co has raised its stakes in growing Southeast Asian markets with a $250 million investment in Singapore's Grab, its second in the ride-hailing firm, as it chases rivals in the race for new-age transportation.

Go-Jek aims to raise $2 billion for Southeast Asia expansion: sources

4:25am, 17th September, 2018

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Go-Jek aims to raise $2 billion for Southeast Asia expansion: sources

Indonesian ride-hailing firm Go-Jek is seeking to raise about $2 billion from existing investors, including Tencent Holdings Ltd and JD.com, to fund its expansion plans in Southeast Asia, sources familiar with the matter said on Monday.

Infosys to expand in SE Asia with Temasek joint venture

1:04am, 7th September, 2018

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Infosys to expand in SE Asia with Temasek joint venture

India's second-largest software services exporter Infosys Ltd said on Friday it formed a joint venture with Singapore state investor Temasek as it expands its presence in Southeast Asia.

Southeast Asia seeks Russia cybersecurity pact, South China Sea code of conduct

2:42am, 2nd August, 2018

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Southeast Asia seeks Russia cybersecurity pact, South China Sea code of conduct

Southeast Asian nations hope to strike a cybersecurity agreement soon with Russia, which the United States has accused of election meddling, after a series of high-profile hacks in the region, according to a draft document seen on Thursday.

Southeast Asia's Grab mops up $1 billion funding from financial firms

10:38pm, 1st August, 2018

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Southeast Asia's Grab mops up $1 billion funding from financial firms

Southeast Asian ride-hailing company Grab on Thursday said it has secured new investment of $1 billion from a clutch of financial firms, including global asset manager OppenheimerFunds and China's Ping An Capital.

Southeast Asia's Grab to announce fresh $1 billion funding: source

7:23am, 1st August, 2018

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Southeast Asia's Grab to announce fresh $1 billion funding: source

Southeast Asian ride-hailing company Grab is set to announce that it has secured new investment of $1 billion that will help it grow its payments business, a source familiar with the matter said.