{"id":3061,"date":"2022-03-21T12:17:29","date_gmt":"2022-03-21T04:17:29","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=3061"},"modified":"2022-03-21T12:17:34","modified_gmt":"2022-03-21T04:17:34","slug":"daily-markup-463-carsome-expands-in-singapore-with-51-acquisition-of-cartimes-emq-enhances-services-in-pakistan-south-korea-aerodyne-partnership-to-elevate-drone-solutions-with-5g","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=3061","title":{"rendered":"Daily Markup #463: Carsome expands in Singapore with 51% acquisition of CarTimes; EMQ enhances services in Pakistan &amp; South Korea; Aerodyne partnership to elevate drone solutions with 5G"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/X9_0ABkXDgQYqEmb6KtVQKDh8ybu6DGrL53jWnwzvVwmeTDJu-ZeNqkgY_8SJuzoNnfx5vNicqoxgVgTeRyuLk-MPi1i3zIfJsQg_A7NCp1O94Si2qlFMm2YUen7fAijNVEnhEcI\" alt=\"\" \/><figcaption>Credit: Kwiknews<\/figcaption><\/figure>\n\n\n\n<p><strong>Revving up for a bigger ecosystem<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Southeast Asia\u2019s largest integrated car e-commerce platform is growing even bigger! 500-backed Malaysian startup <a href=\"https:\/\/www.carsome.my\/\">Carsome<\/a> has <a href=\"https:\/\/www.carsome.my\/news\/item\/carsome-group-announces-acquisition-of-majority-stake-in-cartimes-automobile\">acquired a 51% stake in CarTimes<\/a>, one of the largest auto companies in Singapore.<\/li><li>CarTimes, an award-winning company offering a full suite of auto solutions including financing and insurance, has built a strong brand since 2001.<\/li><li>Carsome co-founder and Group CEO Eric Cheng said, \u201cThis partnership will enable us to deepen our footprint in the Singapore auto market, and augment our ability in bringing trust, choice, and transparency to customers together.\u201d<\/li><li>This move will strengthen Carsome\u2019s market leadership in the region and reinforce their commitment to expanding the automotive ecosystem.<\/li><li>Read the full announcement <a href=\"https:\/\/www.carsome.my\/news\/item\/carsome-group-announces-acquisition-of-majority-stake-in-cartimes-automobile\">here<\/a>.<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/Z6NXNMdFr__AMapF81NZWvSAH3-DHpPm2eo88euLJodE6CWD6xc8uGFkAeXXw5oSd2k-2_1wNUOnnxQ-aN0qRuKEj3Rtv7fLYeUSrn6xchIxtgPAv-5i41v20OlU3TRcxU3kAyu0\" alt=\"\" \/><figcaption>Credit: EMQ<\/figcaption><\/figure>\n\n\n\n<p><strong>Boosting financial services in Asia<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The team at 500-backed <a href=\"https:\/\/emq.com\/\">EMQ<\/a> has been busy delivering and enhancing its global payments services across Asia.<\/li><li>At the beginning of this month, it launched <a href=\"https:\/\/emq.com\/emq-enables-real-time-cross-border-payments-to-pakistan\/\">real-time payments to Pakistan<\/a> to make financial services more affordable, transparent, and accessible. Users can remit payments to mobile wallets, bank accounts, or opt for cash pick-up.<\/li><li>\u201cIn South Asia, remittances play a vital role in contributing to the region\u2019s economic growth and yet the cost of sending money remains high,\u201d said Steven Liu, Global Head of Networks and Expansion.<\/li><li>EMQ has also <a href=\"https:\/\/emq.com\/emq-boosts-real-time-global-payments-to-south-korea\/\">expanded its services to South Korea<\/a>, enabling real-time payouts to all bank accounts.<\/li><li>In Japan, the company enhanced its payment capabilities by <a href=\"https:\/\/emq.com\/emq-delivers-high-value-cross-border-payments-to-japan\/\">launching high transaction value cross-border payments<\/a> into the country.<\/li><li>Get the full list of recent updates from EMQ <a href=\"https:\/\/emq.com\/emq-continues-to-enhance-real-time-multi-currency-payments-network\/\">here<\/a>.<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/MDKqJdU_dHm-3fDWyQZpAnUUwODQDLtFNB_QM8JxczTWCG_LbqSvO-TyX20VJy7M2uuQRgOBYNlfvN9cGMRWcjXt1SpirU0PlRBNx6E2esdvK9UC3DsPv4MXS2yCHUq992T2ZLgb\" alt=\"\" \/><figcaption>Credit: Digital News Asia<\/figcaption><\/figure>\n\n\n\n<p><strong>Bringing drone tech to new heights<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>500-backed drone services startup <a href=\"https:\/\/aerodyne.group\/\">Aerodyne<\/a> joined forces with Digital Nasional Bhd (DNB), a government organization established to drive the development of Malaysia\u2019s 5G infrastructure.<\/li><li>Together, the two companies will <a href=\"https:\/\/www.digitalnewsasia.com\/digital-economy\/dnb-collaborates-aerodyne-explore-5g-future-drones\">explore the development of 5G<\/a> in Malaysia, with a special focus on drone and data technologies. For the past 18 months, Aerodyne has been testing and developing drone 5G solutions in other countries.<\/li><li>This collaboration presents opportunities to evaluate and co-develop innovative 5G use cases, as well as to identify strategic market needs for those use cases.<\/li><li>Founder and Group CEO of Aerodyne, Kamarul A. Muhamed said, \u201c5G is a game-changer in the world of connected drones. Our low-latency 4G-connected drones will be elevated to new heights on the 5G network. This opens up a virtually unlimited range of industrial applications and will contribute to the accelerated digitalization of Malaysia\u2019s industries.\u201d<\/li><li>Read the full story on <a href=\"https:\/\/www.digitalnewsasia.com\/digital-economy\/dnb-collaborates-aerodyne-explore-5g-future-drones\">Digital News Asia<\/a>.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Revving up for a bigger ecosystem Southeast Asia\u2019s largest integrated car e-commerce platform is growing even bigger! 500-backed Malaysian startup Carsome has acquired a 51% stake in CarTimes, one of the largest auto companies in Singapore. CarTimes, an award-winning company offering a full suite of auto solutions including financing and insurance, has built a strong [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":3062,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[334,341,368],"class_list":["post-3061","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-aerodyne","tag-carsome","tag-emq"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #463: Carsome expands in Singapore with 51% acquisition of CarTimes; EMQ enhances services in Pakistan &amp; South Korea; Aerodyne partnership to elevate drone solutions with 5G - Markup<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailymarkup.com\/?p=3061\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Markup #463: Carsome expands in Singapore with 51% acquisition of CarTimes; EMQ enhances services in Pakistan &amp; South Korea; Aerodyne partnership to elevate drone solutions with 5G - Markup\" \/>\n<meta property=\"og:description\" content=\"Revving up for a bigger ecosystem Southeast Asia\u2019s largest integrated car e-commerce platform is growing even bigger! 500-backed Malaysian startup Carsome has acquired a 51% stake in CarTimes, one of the largest auto companies in Singapore. CarTimes, an award-winning company offering a full suite of auto solutions including financing and insurance, has built a strong [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dailymarkup.com\/?p=3061\" \/>\n<meta property=\"og:site_name\" content=\"Markup\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/facebook.com\/500southeastasia\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-21T04:17:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-21T04:17:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2022\/03\/02carsome.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1500\" \/>\n\t<meta property=\"og:image:height\" content=\"906\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ching Yee Ho\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dailymarkup.com\/#website\",\"url\":\"https:\/\/dailymarkup.com\/\",\"name\":\"Markup\",\"description\":\"Serving bite-sized news on 500 Southeast Asia&#039;s portfolio companies and insights to fuel your momentum in life and business.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/dailymarkup.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dailymarkup.com\/?p=3061#primaryimage\",\"url\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2022\/03\/02carsome.jpg\",\"contentUrl\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2022\/03\/02carsome.jpg\",\"width\":1500,\"height\":906},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dailymarkup.com\/?p=3061#webpage\",\"url\":\"https:\/\/dailymarkup.com\/?p=3061\",\"name\":\"Daily Markup #463: Carsome expands in Singapore with 51% acquisition of CarTimes; EMQ enhances services in Pakistan &amp; South Korea; Aerodyne partnership to elevate drone solutions with 5G - Markup\",\"isPartOf\":{\"@id\":\"https:\/\/dailymarkup.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/dailymarkup.com\/?p=3061#primaryimage\"},\"datePublished\":\"2022-03-21T04:17:29+00:00\",\"dateModified\":\"2022-03-21T04:17:34+00:00\",\"author\":{\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/519b865263ce8210988e9676b536923f\"},\"breadcrumb\":{\"@id\":\"https:\/\/dailymarkup.com\/?p=3061#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/dailymarkup.com\/?p=3061\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/dailymarkup.com\/?p=3061#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/dailymarkup.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Daily Markup #463: Carsome expands in Singapore with 51% acquisition of CarTimes; EMQ enhances services in Pakistan &amp; South Korea; Aerodyne partnership to elevate drone solutions with 5G\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/519b865263ce8210988e9676b536923f\",\"name\":\"Ching Yee Ho\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/2a65dd4b61125a19ff989c4d621a9a0a8f9e7d34b0118d60e00ecec7fd41e330?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/2a65dd4b61125a19ff989c4d621a9a0a8f9e7d34b0118d60e00ecec7fd41e330?s=96&d=mm&r=g\",\"caption\":\"Ching Yee Ho\"},\"url\":\"https:\/\/dailymarkup.com\/?author=5\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Daily Markup #463: Carsome expands in Singapore with 51% acquisition of CarTimes; EMQ enhances services in Pakistan &amp; South Korea; Aerodyne partnership to elevate drone solutions with 5G - Markup","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/dailymarkup.com\/?p=3061","og_locale":"en_US","og_type":"article","og_title":"Daily Markup #463: Carsome expands in Singapore with 51% acquisition of CarTimes; EMQ enhances services in Pakistan &amp; South Korea; Aerodyne partnership to elevate drone solutions with 5G - Markup","og_description":"Revving up for a bigger ecosystem Southeast Asia\u2019s largest integrated car e-commerce platform is growing even bigger! 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