Weekly Tech Updates (October 1, 2021)
Weekly Tech Updates is an easy and convenient way to keep up with all the happenings in the tech world. Stay tuned every Friday for all the latest updates.
New Product Releases in Malaysia:
News:
1. Ninja Van raises USD578M in series E funding
Ninja Van, a leading tech-enabled logistics company operating in Southeast Asia, today announced that it has successfully secured USD578 million in a Series E funding round. This latest round of funding involves participation from existing investors Geopost/DPDgroup, B Capital Group, Monk’s Hill Ventures, and Zamrud, an entity linked to a Southeast Asian sovereign wealth fund. Alibaba Group, parent company of Lazada, the pan-Southeast Asia e-commerce platform, is also participating in this round.
The funds from this round of investment will be allocated towards infrastructure and technology systems that will support a sustainable long-term cost structure, as well as the quality and consistency of Ninja Van’s operations. Funds will also be invested in Ninja Van’s suite of micro-supply chain solutions to help Southeast Asian businesses optimise e-commerce opportunities.
2. MR.DIY is handing out RM300 e-cash to UM students
That’s right! Good news to University Malaya Undergraduate students!
MR.DIY will be distributing RM300 e-cash to all Malaysian UM Undergraduate students via Touch ‘n Go eWallet during this unprecedented time. This promo applies to MR.DIY, MR.DOLLAR and MR.TOY retail stores, online at www.mrdiy.com.my and mini programme on Touch ’n Go eWallet.
Sign Up Period:
16th September – 3rd October 2021
Steps to sign up:
1. Submit UM application form at here
2. Activate and verify Touch ‘n Go eWallet
3. Claim RM300 cash via the Touch ‘n Go eWallet
Fund distribution date:
1st disbursement (RM100): 1st Nov 2021
2nd disbursement (RM100): 30th Nov 2021
3rd disbursement (RM100): 30th Dec 2021
3. Geely ventures into developing premium smart devices including smartphones
Hubei Xingji Shidai Technology Co. Ltd, a company founded by Geely Holding Group Chairman Eric Li, signed a strategic cooperation agreement with the Wuhan Economic and Technological Development Zone and announced its entry into the mobile devices sector. The new company will establish its headquarters in Wuhan with a focus on integrating global technologies and resources to develop premium smart devices including smart phones to global consumers.
4. Netflix acquires Night School Studio
Netflix announced its acquisition of gaming studio – Night School Studio. This is part of Netflix’s effort to deliver a great collection of exclusive games designed for every kind of gamer and any level of play. Like its shows and films, these games will all be included as part of your Netflix membership — all with no ads and no in-app purchases.
