Alibaba’s initiatives into Malaysia should be judged on the positive impact they have on businesses and not on its rhetoric.
The modernisation and digitalisation of the Thai agricultural sector is driving growth in IT spending to 7.02%, according to IDC.
KL-based on-demand services startup ServisHero has raised US$2.7 million in a pre-Series A round led by Singapore-headquartered Golden Gate Ventures, with participation from Cradle Seed Ventures.
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.
Newcomer FazWaz believes it can differentiate itself from the other property portal plays in Thailand with its data-driven and consumer-first approach.
Effective government policy in Thailand could increase mobile and fixed broadband penetration to 133% by 2020, up from 52% in 2013, according to the GSM Association (GSMA).
ASX-listed and Kuala Lumpur-based iProperty Group Ltd said it has acquired Thai-based real estate portal ThinkOfLiving.com, which would further expand its market presence in Asia.
In a year which saw the economy and IT sector depressed by political instability, mobile and Web games, as well as e-commerce, were the highlights of Thailand’s year in terms of funding and acquisitions, reports Susan Cunningham.
Automotive online classifieds company iCar Asia Ltd has agreed to buy One2Car, Thailand’s largest online classified site, for A$16.7 million, comprising A$13.4 million cash and A$3.3 million worth of new iCar shares.
Thailand-based startup Taamkru has received a seed investment of US$620,000 from 500 Durians, M&S Partners, IMJ Investment Partners, Ookbee, and Red Dot Ventures, which it intends to use to tackle the country's 'mutual shame' in education.