As part of efforts to facilitate the local startup ecosystem, Thailand will be funding US$151 million for the Digital Economy, and exempt capital gain tax for start-up joint venture by Thai and foreign investors
Most of Chinese overseas students focus on new technologies and modern services areas to find business opportunities
Hong Kong now has its first startup unicorn. Gogovan, an Uber for deliveries that started up in 2013, has just hit billion-dollar status
T2P Deep Pocket, Thailand’s e-wallet service provider, has closed a $3-million series A round led by J-Venture, the corporate venture capital arm of SET-listed mobile retailer JMART
In 2016 alone, funding for startups fetched up to $86 million or 2.93 billion Baht from various sources. That’s a 150% jump from 2015.
WeWork, the New York-based flexible office giant, has announced a $500 million investment in a new vehicle to fund its expansion in Southeast Asia and South Korea
A total of 6,000 bikes will be put into use in the capital city of Bangkok from Aug. 1, after a successful month-long trial run
Malaysia’s parliament passed two bills that will legalize the e-hailing services like Grab and Uber in the country.