Six SE Asia nations have a total revenue of $1.845 billion on App Store and Google Play last year According to a set of report data published by Sensor Tower joined with Baijing, from June 2018 to May 2019, a total revenue of $1.845 billion was achieved by six SE Asian nations, with a year-on-year growth of 29.1%.
Malaysia’s digital arm to provide working visa for DLT freelancers The government’s digital arm Malaysia Digital Economy Corporation (MDEC) announced that it has partnered with the Singapore blockchain-based non-profit organisation NEM Foundation and the Estonian cross-border job marketplace Jobbatical.
Singapore’s Temasek co-leads $130m Series E in US-based lending platform Blend Singapore state-owned investment firm Temasek Holdings and global growth equity firm General Atlantic have led a $130-million Series E funding round in Blend, a US-based digital lending platform, according to an announcement.
34% e-commerce consumers in Southeast Asia are unhappy with delivery experience Despite being the fastest growing e-commerce region with over 62% Compound Annual Growth Rate (CAGR) growth over the last 3 years, delivery continues to be a challenge in Southeast Asia, a new survey by Parcel Perform and iPrice Group reveals.
Sinopharm, Cedarlake and SG’s Novena form $150m SE Asia healthcare fund Singapore-based healthcare firm Novena Global Lifecare, Chinese healthcare private equity (PE) firm Sinopharm Capital and investor Cedarlake Capital are coming together to raise a $150-million healthcare-focused fund targeting businesses in Southeast Asia.
Lazada founder Max Bittner co-leads $45m round for online retailer Vestiaire Collective Vestiaire Collective, a global ecommerce platform for pre-owned luxury fashion items, raised around US$45 million in a funding round led by its CEO and Lazada founder Max Bittner and French investment bank Bpifrance.