Country has no Malaysian success story to shout about yet, says BookDoc founder Chevy Beh.
The lack of successful tech companies has had a ripple effect on the risk appetite of corporates to invest in the space.
Garena group president Nick Nash indirectly shares what the February GMV is for its C2C service Shopee, while explaining to Karamjit Singh that the startup is a ‘consumer Internet platform.’
With its latest investment into Singapore’s Garena, the Malaysian Government’s VC arm Khazanah Nasional is making bets on late stage startups, writes Karamjit Singh.
Khazanah Nasional has joined four other parties to invest a total of US$192mil in global travel search engine Skyscanner, for an undisclosed stake.
Huawei has opened its first regional data hosting centre, the Asia Pacific Digital Cloud Exchange, in the Iskandar Malaysia development hub in the southern state of Johor.
Track record sees it getting new funds where other agencies funds are cut Unused VC funds of up to RM50m to be transferred to new Khazanah firm When Digital News Asia meets Norhalim Yunus, chief executive officer of the Malaysian Technology Development Corporation (MTDC), he launches into a spirited defense of the fund he has been CEO of since 2008.