Stephanie Li

The Philippines’ logistics market is set to reach over PHP 1 trillion (USD 19.8 billion) in value by 2024, according to data by Ken Research.

The new normal has drastically changed how local consumers use social media and entertainment platforms.

China’s exit represents a revenue loss of 30% for Huobi Global, the crypto exchange managed by Huobi Group.

The company serves customers such as airlines operators, freight companies, and e-commerce platforms across Southeast Asia.

This round brings the firm’s total funding to USD 10 million.  

The number of homegrown startups in the Philippines has almost doubled in the last three years.

Southeast Asia’s payments landscape will lean towards an India-like model, Aung Kyaw Moe says.

Innovation and scale are key to standing out in the fray, the report noted.