In Asia, advertisement spending in the classifieds segment is projected to reach USD 8.7 billion in 2020.

The VC so far has raised USD 56 million, which it plans to invest in 30 Indonesian tech companies over the next three years.

While cloud kitchens rent their space to F&B companies as a cheaper way to make food for their on-demand delivery customers, Grain works with its own chefs, menu and delivery team.

Local media recently shed light on illegal online gambling operations in the area while some organizations worry the project is turning into “a money laundering hub”.

The company has designs to become the largest auto trading platform in Southeast Asia, said the CEO.

Media startup Ampverse believes that e-sports marketing is the next big thing in the region.

The QR pass system is utilized by essential workers to travel between townships in Yangon during the lockdown, but the portal left the personal data of many Burmese citizens unguarded.

Currently, Khmerload has almost 5.8 million followers on Facebook, while its sister site, Myanmarload, has 9 million followers.