Malaysian headquartered SEA logistics startup, TheLorry, raises US$5.85 mil Series B round led by FirstFloor Capital.
A dynamic playground for mobile apps, the sharing economy has nestled itself into almost every corner in the region.
Two sharing economy startups, ServisHero and Grab announce an integration of their services for user benefit, especially freelancers.
Aiming to professionalise the services of Airbnb hosts, a group of ex-Rocket Internet executives led by Tan Wen Dee have launched GuestReady.
Insurance companies would soon need to navigate new trends such as cyber-insurance and usage-based insurance, while juggling concerns such as cybersecurity, says one expert.
The xCommerce market – which includes e-commerce and other types of online business – will grow rapidly in Asia Pacific, rising from nearly US$7 trillion in 2015 to nearly US$17 trillion in 2019, according to IDC.
KFit has secured US$12mil in a Series A round led by Venturra Capital, with participation by new investors such as SIG and Malaysia’s Axiata Digital Innovation Fund.
Ryde is set to expand and raise more funds, while outlining what has been hampering the carpooling movement in Singapore.
Singapore-based startup Ryde Technologies Pte Ltd, behind the ‘Ryde’ carpool app, said it has raised S$1.5 million (approximately US$1 million) in seed round funding from “strategic angel and private investors.”