iMotorbike Raises RM12mil in Series A Round, accelerating preowned motorcycles trading
iMotorbike, Southeast Asia’s pioneer e-commerce platform for buying and selling preowned motorcycles, today announced that it has raised RM12 million (US$2.6 million) (US$1 = RM4.6125) in its Series A funding round led by Gobi Partners and Ondine Capital. The funding round saw returning participation from Penjana Kapital, The Hive Southeast Asia, 500 Global, SOSV’s Orbit […]
Vietnam is the Next Foreign Investment Powerhouse in Asia: Ngoc Tran of VPS Securities
Vietnam, the land of the Ascending Dragon, is predicted to reach a GDP of over 6.5 percent this year. This is mainly because of several beneficial free trade agreements and FDIs it has attracted. As per reports, the GDP already registered a 3.32 percent growth in the first quarter of 2023. The Business community in […]
FPT and Mila renew partnership to collaborate on AI projects
FPT, supposedly Vietnam’s largest IT service provider, and Mila, Quebec Artificial Intelligence Institute, announced the renewal of a three-year strategic partnership agreement. As part of this continued commitment, FPT and Mila will explore collaboration on research projects related to large language models (LLMs) and natural language processing (NLP) while promoting Responsible AI, an approach to […]
ADA acquires SingPost Unit in APAC Expansion Drive
ADA has acquired the e-commerce arm of Singapore Post with the objective of fast-tracking its development drive in the Asia Pacific region. Currently, as per Industry sources, the firm operates across ten markets, that comprise Malaysia, Singapore, Indonesia, Thailand, the Philippines, Sri Lanka, Bangladesh, Cambodia, Vietnam, and South Korea. Srinivas Gattamneni, CEO of ADA, stated: […]
FPT Software formed core partnership with Landing AI Promoting Visual Inspection Technology
Vietnam’s leading IT firm, FPT Software, has recently entered a strategic partnership with Silicon Valley AI and machine vision leader Landing AI. Both companies will tap into their Artificial Intelligence (AI) expertise, deploy end-to-end visual inspection solutions, and promote the adoption of computer vision across industries. FPT Software added that it will be promoting Landing […]
Sembcorp Pledges S$1Million In Vietnam’s Battle Against COVID-19
Sembcorp Industries (Sembcorp) today announces a pledge of S$1 million to support Vietnam’s battle against the COVID-19 crisis, with an immediate focus to provide critical medical equipment to two major hospitals in Binh Duong, one of the provinces most affected by the latest development of the pandemic in the country. Sembcorp will provide one real-time […]