“Regulators could use the IPO pause to re-assess the impact Ant may bring to the ecosystem of the Star Market.” NewsAnt’s IPO has to wait for the small loan regulation to be fully implemented, says expert3 mins read
KrASIA spoke with SpaceDC CEO Darren Hawkins about his vision for Indonesia’s cloud and data center ecosystem. NewsGIC-backed SpaceDC opens new data center in Indonesia5 mins read
The festival aims to take stock of business and technology developments worldwide in 2020. EventsHello World 2020 | Part 1 ‘Global Business in 2020: Taking Stock’3 mins read
Investments seen as boost to economy while country tries to make up gap. NewsJapan’s SoftBank and KDDI to pump USD 38 billion into 5G3 mins read
The shutdown is affecting around 1.4 million people in the Rakhine and Chin states. NewsCivil society groups urge Myanmar government to restore internet in Rakhine and Chin2 mins read
Mech Mocha is backed by top tier investors including Accel Partners, Blume Ventures, Shunwei Capital, and AET Fund. NewsFlipkart acquires gaming startup Mech Mocha to expand customer base2 mins read
Data stolen from the site, which includes sensitive information such as tax registration and national ID numbers, is now being sold online. NewsIndonesian fintech Cermati reports data breach, 2.9 million users affected2 mins read
“Ant’s valuation is sure to be affected greatly as the microloan business accounted for almost half of the company’s entire profits.” NewsAnt won’t be able to resume IPO in short term, analysts say3 mins read
CapBay claims that since 2017, it has financed more than 9,000 transactions amounting to more than USD 192.6 million and has served over 500 SMEs. NewsCapBay and Kenanga to form Malaysia’s first Islamic supply chain finance fintech2 mins read
Alibaba co-founder Jack Ma is in possession of 34% of Ant Group’s shares. NewsKEY STAT | Jack Ma’s wealth shrinks USD 3 billion as Ant’s IPO is suspended1 min read