Olivia Poh

O Tyme Group, um banco digital controlado pelo bilionário sul-africano Patrice Motsepe, levantou US$ 250 milhões em uma rodada de financiamento que o tornou um dos poucos unicórnios da África.

Southeast Asia is fast emerging as an investment hot spot for AI leaders like Nvidia Corp. and Microsoft Corp., which are plowing money into cloud services and data centers. But the region’s own young tech companies are failing to capitalize on the boom.

(Bloomberg) -- Southeast Asia is fast emerging as an investment hot spot for AI leaders like Nvidia Corp. and Microsoft Corp., which are plowing money into cloud services and data centers. But the region's own young tech companies are failing to capitalize on the boom.

Tyme Group, a digital lender controlled by South African billionaire Patrice Motsepe, raised $250 million in a funding round that made it one of Africa’s few unicorns.

Singapore police said they didn’t arrest a Chinese national accused of money laundering because they were not asked to do so by authorities in China, even though an Interpol Red Notice had been issued for him.

Southeast Asia’s AI growth is reshaping industries, yet local startups struggle to capitalize. What’s holding them back?

GoTo Group said Patrick Walujo will run the company for about five more years, giving the chief executive officer more time to turn around Indonesia’s unprofitable ride-hailing and food-delivery champion.

GoTo Group said Patrick Walujo will run the company for about five more years, giving the chief executive officer more time to turn around Indonesia’s unprofitable ride-hailing and food-delivery champion.

Southeast Asia is fast emerging as an investment hot spot for AI leaders like Nvidia Corp. and Microsoft Corp., which are plowing money into cloud services and data centers. But the region’s own young tech companies are failing to capitalize on the boom.