US Census data: US chip imports rose 17% YoY to $4.86B in February 2023; Asia accounted for 83%, led by Malaysia at 20%, Taiwan at 15.1%, and Vietnam at 11.6%
Thailand, Vietnam, India and Cambodia have emerged as early winners this year as semiconductor production begins to move away …
Singapore-based Beam, whose e-scooters and e-bikes are in 35 cities across Malaysia, Thailand, South Korea, Australia, and New Zealand, raises a $93M Series B
Kate Park / TechCrunch :
A look at Pix, a mobile payments system launched 11 months ago by Brazil's Central Bank and used at least once by half of Brazil's population
One year ago the Pix platform didn't exist. Now half the population uses it, showing just how quickly adoption of digital payments can spread. Tweets: @katywatson , @andrewrosati , @marketplunger1 , ...
Thailand-based Ascend Money, which operates the TrueMoney e-wallet, raises $150M Series C at a valuation of $1.5B
a massive conglomerate. CP's owner is Thailand's richest man with net worth of ~$5B So yeah not a startup
Singapore-based digital asset exchange Zipmex raises $41M Series B with participation from Krungsri Finnovate, the VC arm of one of Thailand's largest banks
Singapore-headquartered digital asset exchange Zipmex has completed its $41 million Series B funding round with participation coming from one of Thailand's largest banks.
Foxconn reports Q2 profit of $1.07B, up 30% YoY, on revenue of $48.5B, up 20% YoY, due to strong demand from Apple and other clients
Apple's biggest partner issues warning Christopher Baugh / iPhone in Canada Blog : Apple Supplier Foxconn Reports Strong Quarterly Profit Ahead of iPhone 13 Ben Lovejoy / 9to5Mac : Foxconn hints at iP...
Thailand-based Flash Group, which provides e-commerce logistics services including Flash Express, raises $150M in new funding to become Thailand's first unicorn
it took a little longer than planned to get over the line due to the recent spike in Covid cases in Thailand My @TheKenWeb story on its expansion plans and crazy cash burn 👇🏻 https://the-ken.com/... h...
Bain & Co: social commerce accounted for ~44% of Southeast Asia's $109B e-commerce market in 2020; Vietnam leads with 65% adoption while Thailand is at ~50%
Prim Chuwiruch / Bloomberg : Tweets: @glenngabe Tweets: Glenn Gabe / @glenngabe : Interesting for those in e-commerce -> Social commerce accounted for ~44% of Southeast Asia's $109B e-commerce market...
Bain & Co: social commerce accounted for ~44% of Southeast Asia's $109B e-commerce market in 2020; Vietnam leads with 65% adoption while Thailand is at ~50%
Prim Chuwiruch / Bloomberg :
Thailand-based logistics startup Flash Express, which operates a door-to-door pickup and delivery service, raises $200M Series D
Manish Singh / TechCrunch :