Tech in Asia

CapBay claims that since 2017, it has financed more than 9,000 transactions amounting to more than USD 192.6 million and has served over 500 SMEs.

iCar Asia owns and operates a network of automotive portals that reaches 12 million car buyers and sellers every month.

The acquisition will give NCS clients access to a range of digital services from design thinking, rapid prototyping, cloud-native application development, among other digital solutions.

Established in 2013, Lalamove says it is currently operating in 22 markets across Asia, North America, and Latin America, connecting more than 7 million customers with over 700,000 delivery partners.

One of Waves’ competitors in Vietnam is Voiz FM, an audiobook and podcast platform that raised seed funding from 500 Startups Vietnam in May.

Compared to people in Western countries, Asians generally don’t have a plant-based diet and are less aware of climate sustainability, according to Green Monday CEO and co-founder David Yeung.

The report also found that the COVID-19 pandemic has altered consumer spending on smartphones, with more turning to low- to mid-range devices that offer more value for money.

The key features of Launcho’s co-creation model include a SGD 3,500 monthly salary for founders during the program, as well as free office space in Singapore.