Regional Expansion

Adknowledge Asia appoints country director for South Korea
Adtech company Adknowledge Asia has announced the appointment of Ted Kim Tae-Woo as its country director for South Korea.
Axcelasia primed for growth, driven by governance and risk management
Axcelasia Inc hopes to grow its Enterprise Management System business significantly over the next three years, saying that more organisations are starting to see the benefits of having good governance and risk management.
NetSuite’s Asia playbook to focus on SMEs and ripping out legacy IT
Three elements – the growing awareness of the cloud, SMEs, and replacing legacy systems – form the basis of NetSuite’s regional play, according to its Asia chief.
Indonesia’s ‘online food network’ Kokiku TV eyes regional expansion
After having received undisclosed seed funding from Elixir Capital, Indonesia’s ‘online food network’ Kokiku TV is planning to expand its online video service to Vietnam and Thailand by next year.
FlySpaces, the ‘Airbnb of office spaces,’ lands in KL
FlySpaces, which describes itself as the ‘Airbnb for short-term workspaces,’ said it has gone live in Kuala Lumpur effective May 6, its fourth city after its home base, as well as Cebu and Singapore.
Nida Rooms secures US$4.2mil equity investment
Global Rooms Ltd, which owns and operates the Nida Rooms hotel reservation system, announced it has secured  equity investment of US$4.2 million, led by venture capital firms Convergence Ventures and CyberAgent Ventures.
China’s Mobvista gung-ho on SEA possibilities and potential
China-founded mobile advertising and games publisher Mobvista seeks to ride South-East Asia’s mobility wave and has been exploring the market since 2014.
Cloud telephony startup Exotel seeks SEA expansion
Cloud telephony startup Exotel is now eyeing the South-East Asian market, where it hopes to apply the lessons it has learnt from its home market of India.
Ninja Van raises US$30mil Series B, led by Abraaj
Abraaj has led a US$30mil Series B round of fundraising for Ninja Van, a technology-enabled, last-mile logistics provider with operations in Singapore, Malaysia and Indonesia, and most recently Vietnam.
Zilingo’s gameplan: Dominate Singapore and Thailand, then on to Indonesia
E-commerce startup Zilingo is looking at its Thai market hitting profitability by 2017, and is gearing up for regional expansion.
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