Battery swapping faces uphill climb in Singapore’s EV market
SINGAPORE is years away from its goal of fully electrifying all vehicles by 2040, but it has hit a speed bump around...
Mirxes posts US$58 million operating loss, US$24 million revenue
SINGAPORE biotech firm Mirxes reported a 36.2 per cent year-on-year revenue growth to US$24.2 million in 2023, according to its April filing...
Carsome hits first Ebitda positive quarter in Q1 2024
CARSOME, a Malaysia-headquartered used-car marketplace, hit quarterly positive Ebitda for the first time in Q1 2024, the company said. It did not...
Grab-led GXBank teams up with Zurich to offer affordable insurance
GXBANK, a Malaysia-based digital bank backed by Grab and Singtel, has entered into a 10-year partnership with Zurich General Insurance Malaysia and...
GoTo eyes private placement of 120.1 billion shares
Indonesia’s GoTo plans to issue a maximum of 120.14 billion series A shares, or 10 per cent of its total issued and...
Singapore’s Anywheel gets green light to expand fleet to 35,000
SINGAPORE’S Land Transport Authority has allowed local bike-sharing company Anywheel to add another 5,000 units to its fleet, pushing its total to...
Goodbye Garage, hello Tech in Asia: How BT’s startup coverage is evolving
IN MAY 2019, The Business Times (BT) launched its Garage portal with the aim of providing in-depth coverage of South-east Asia’s rapidly...
Singapore’s Geniebook edutech startup seizes Vietnam opportunities
EDUCATION can open doors to new opportunities, so it’s no surprise that investments into edutech companies are on the rise.
High Court dismisses bid by co-founder and CTO to liquidate Cake Group
THE Singapore High Court on Thursday (Apr 25) dismissed an application by Cake Group co-founder Chua U-Zyn to wind up the company...
A cheat sheet of startup and tech M&As in South-east Asia
SINCE 2006, Tech in Asia (TIA) - now a part of SPH Media - has been keeping tabs on South-east Asia’s mergers...