Malaysia’s MaGIC Accelerator Program held its demo day this week where 50 startups from across the region pitched their business ideas to over 150 investors.
Internet Penetration Rate 34.9%
Literacy Rate 96%
Country data primarily sourced from World Bank's Data Bank.
The Singapore-based VC is building up its Southeast Asia portfolio with new and old startups in ecommerce, marketplaces, and mobile services.
Zilingo aims to connect Thai merchants to millions of online customers in Southeast Asia.
Did you know a lot of the region’s billionaires from other industries are moving into tech? Find out who they are!
Line added only one million monthly active users (MAUs) in the three months from June to September. That's really bad.
More and more players are entering the mobile payments space in Southeast Asia yet most consumers aren’t biting. That’s about to change.
Omise is already running betas in Japan and Indonesia, and is looking to enter more markets by mid-2016.
With crowdfunding sites like Kickstarter and Indiegogo, hardware startups are flourishing across the region.
The Bangkok-based co-working space company will look to expand as it goes for a series A in 2016.
The fintech sector is booming worldwide, and investors are thrilled to jump on the bandwagon.
The mobile game studio sees a huge opportunity in the region.
Thai telecoms group Intouch, through its VC arm Invent, injects funds into golf booking app Golfdigg.
Drvr leverages the Internet of Things to provide solutions for logistics companies and improve driving conditions in the region.
Rocket Internet's H1 2015 financials reveal a lot about Lazada, Zalora, Jabong, and Foodpanda.
Tuesday was a sad day. Daily deal giant Groupon announced it will lay off 1,100 employees and shut down operations completely in 7 countries. It’s never pretty ...
The Japanese company behind fashion ecommerce darling Zozotown is leading this investment round.
Thailand’s military junta seen moving closer to setting up a China-style Great Firewall - and it's keen to make it legal for authorities to block sites.
The Jakarta-based startup delivers fresh groceries and produce to your door, and just set up shop in Bangkok. It claims Taipei and Manila are next.