Market expansion

Malaysia’s e-commerce ‘penetration’ to double in 2016: iPay88
KL-based e-payment service provider iPay88 expects the e-commerce industry to grow in 2016 despite the economic gloom.
Boosted by CIP 500 grant, Offpeak expands to new markets
Six months after securing funding, Offpeak seeks to make its mark in the region, boosted by a CIP 500 grant, writes Benjamin Cher.
Challenges going regional, and why you should do it anyway
Startups should not be asking themselves whether they should go regional, just when and how, according to a panel of entrepreneurs and industry pundits.
Mobikon raises new round, to expand internationally
Singapore-headquartered Mobikon, which operates a marketing platform for the F&B (food and beverage) industry, said it has raised funding from Life.Sreda and Qualgro, in line with its plan to “aggressively expand” in South-East Asia. The amount was not disclosed.
Sansan expands APAC footprint with Singapore office
Japanese cloud-based contact-management services provider Sansan Inc announced its expansion in Asia with a new office in Singapore.
A year after spinning off, ALUE opens new APAC Hq
Alcatel-Lucent Enterprise (ALUE) has been busy building up a new operating infrastructure since its split from parent company Alcatel-Lucent, and just opened its new Asia Pacific headquarters and innovation centre in Singapore.
Singapore’s MyRepublic raises US$16mil
MyRepublic said it has raised S$23 million (US$16 million) in capital, with Brunei’s leading telecommunications provider DST a major investor in the current round.
DNA lands in Indonesia
Indonesia joins Malaysia and Singapore as markets DNA covers in more depth, as it grows to fulfill its vision of becoming the most credible tech news media in South-East Asia, writes founder Karamjit Singh.
Thailand’s Somphol Bedding opts for Epicor’s ERP
Epicor Software Corp has announced Somphol Bedding and Mattress Industry Co Ltd (SPB) as its latest ERP 10 customer in Thailand. Financial terms were not disclosed.
Malaysia’s Carsome raises US$350K from 500 Startups, IRR
Automotive portal Carsome, which connects car buyers to dealers, said it has raised US$350,000 in its first round of funding, from 500 Startups and IdeaRiverRun (IRR).
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Digerati50 2018-2019

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