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Climate insurtech startup IBISA raises $3m to scale parametric insurance solutions
IBISA, a climate insurtech startup, has closed $3 million funding round to scale its parametric insurance solutions for weather-related risks in Asia and Africa.
L'Oréal launches beauty tech startup program to uncover marketing innovations for digital natives across the SAPMENA region
To spur the next era of beauty, L'Oréal has launched the Big Bang Beauty Tech Innovation Program in the South Asia Pacific, Middle East and North Africa (SAPMENA) region, including India.
China leads with eight of top ten largest VC deals in Asia in Q1’24, report
Despite a challenging start to the year, China secured eight of the largest ten deals in Asia.
Flourish Ventures appoints Ravi Kaushik as Senior Global Investment Team Lead
Flourish Ventures, an early-stage venture capital firm with purpose, announced the appointment of Ravi Kaushik as Executive Director, Head of Asia Investments.
Carlsberg Asia partners with Grab to promote responsible drinking
Carlsberg Asia has announced the signing of an agreement with Southeast Asia’s everyday superapp, Grab, for a strategic partnership that aims to transform how consumers enjoy their beer.
e-Commerce startup Uzum becomes first tech unicorn in Uzbekistan
Uzum, a digital services ecosystem in Uzbekistan, has secured $114 million in funding through a combination of a Series A funding round and debt financing, making it the first tech company in Uzbekistan to achieve unicorn status with a post-money valuation of over $1 billion.
Hivestack by Perion partners with Midland Realty to launch DOOH solution in real estate agency offices in North Asia
Midland Realty is a leading real estate agency in Hong Kong, providing residential, industrial and commercial property brokerage services in China, including Hong Kong and Macau.
Entravision and Snap Inc. enter into a strategic sales partnership in APAC
Snapchat continues to grow its community and business operations across Asia-Pacific and this strategic partnership with Entravision will enable brands in these new markets to engage with Snapchatters around the world.
PubMatic appoints Genelle Hung as Country Manager of Southeast Asia
At PubMatic, Hung will be responsible for the strategic leadership of the Southeast Asian market, working closely with both global leadership and local go to market teams. S
Traditional TV still dominates ad budgets and revenue share in Asia, report
From January to October this year, $107 billion in ad revenue was injected into Asia’s media industry, with TV attracting the lion’s share.
Criteo and GroupM partner to drive commerce media innovation in APAC
The partnership brings together product sales data and the proprietary media solutions of GroupM, with privacy-safe commerce audiences and proximity-based insights provided by Criteo.
YuppTV secures broadcasting rights for the Asia Cup 2023
YuppTV, an Over-the-Top (OTT) South Asian content provider, has announced that it has secured broadcasting rights from Disney Star, the global rights holder, for the highly anticipated 16th edition of the Asia Cup 2023.
World Out of Home Organization adds nine new members from Europe and Asia
The influx of new Asian members comes at same time as WOO’s highly successful first in-person Regional Forum, covering the APAC region, which was held in Kuala Lumpur a couple of weeks ago.
[eMarketer] Southeast Asia sees the fastest digital sales growth in the world
Southeast Asia’s growth stands out even more, given that most other geographies will see only moderate increases this year.
Publicis Groupe announces fintech joint venture between Publicis Sapient and Siam Commercial Bank in Southeast Asia
Publicis Groupe has announced the launch of SCB Tech X, a joint venture between Publicis Sapient and Siam Commercial Bank (SCB), creating one of the largest fintech entities in Southeast Asia.
IKEA scales up social business collaborations to include more marginalized groups
The collaboration will broaden the range of products produced in a sustainable industrial environment. The first collection VÅRDANDE will launch in June 2022.
Global digital agency Dept launches in Asia Pacific
Founded in Amsterdam in 2015, Dept has quickly grown across the globe, from 150 people in The Netherlands to more than 2,000 people in seventeen countries across five continents and was the most awarded independent agency at the 2021 Webby Awards.