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Xxvo BlueBolt Partners With Znode On B2B Platform
Commerce.Asia, an all-in-one eCommerce and technology company, has purchased a 30 percent stake in business platform BizApp, which helps businesses and brands manage daily operations and order fulfillment, according to a report by DealstreetAsia.The deal is reportedly around seven figures in terms of ringgit, Malaysias monetary unit. Commerce.Asia wants to consolidate before setting its sights on expanding. The company says it has more than eight million small and medium-sized businesses throughout seven countries, and that around 61,000 are sellers who grossed 1.5 billion last year. We believe that through this strate stanley cup gic investment, Commerce.Asia and BizApp can stanley de  leverage each others platforms to encourage the rural communities to par stanley de take in social commerce,  said Founder and Executive Chairman Ganesh Kumar Bangah.  Leveraging our experience, we will expand the BizApp business model across Southeast Asia, enabling us to leverage the fast-growing southeast Asian eCommerce industry. BizApp Ventures Founder Hasnol Mizam Bin Hashim said that most of his companys users are from rural and suburban areas who created successful eCommerce businesses. A large segment of Malaysias population does business online. The technology-based business tools [that] are currently the backbone of our system will now be further enhanced with Commerce.Asias large ecosystem, enabling users to expand regionally, if not globally,  he said.BizApp has more than 200,000 agents who gross more than 600 millio Gres Canapi VC Firm Commits $545M To Boost FinTech Startups
Apple is expanding its presence in Southeast Asia, choosing Thailand as the home for its second Apple Store in Southeast Asia.A tech media outlet, citing comments Apple made on its local Thailand website, reported that the store will be part of the upcoming Iconsiam mall, which will be the largest in Bangkok. The Apple Store in Thailand is slated to open on Nov. 10, as a spokesperson for the Cupertino, California iPhone maker confirmed to the media outlet.Last year, Apple opened its first Southeast Asia store in Sin stanley website gapore. It   not surprising that聽Apple  stanley quencher would go after that market, given that the region is home to 650 million consumers, many of whom are moving into the middle class.聽According to sources within the real estate industry, Apple is considering Jakarta  the capital of Indonesia  and Vietnam as the areas for the next store launches in Southeast Asia. Thailand was on the list earlier, but Apple had a hard time finding a location that would work. With the new mall, it has now found its home.Apple isn ;t the only company setting its sights on expansion in Southeast Asia. Earlier this week,聽Grab, the ride-hailing company out of Southeast Asia, and payment company Mastercard announced a partnership to issue pr gourde stanley epaid cards tailored to the Southeast Asian market.聽In a press release, the companies said that the region, which is home to more than 640 million people, has stayed largely cash-based. To overcome that, Grab and Mastercard will issue virtual and physical