Rocket Internet to Sell its Remaining 8.8% Stake in Lazada to Alibaba
Jun28

Rocket Internet to Sell its Remaining 8.8% Stake in Lazada to Alibaba

Kuala Lumpur, 28 June 2017: Rocket Internet SE (“Rocket Internet”) has announced today it intends to sell its remaining 8.8% stake (fully-diluted) in Lazada Group S.A. (“Lazada”) to Alibaba Group Holding Limited (“Alibaba”) for USD 276 million, equating to an implied USD 3.15 billion valuation of Lazada. The transaction is the result of the exercise of the put-call agreement entered into in...

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Turn up your Spotify playlist and ‘Beraya’ with Waze
Jun28

Turn up your Spotify playlist and ‘Beraya’ with Waze

Kuala Lumpur, 28 June 2017: The recent partnership between Waze and Spotify that allows its users to navigate with Waze within Spotify has now just become more interesting! Waze and Spotify have created a special playlist this Raya for users to enjoy and get into the Raya mood from the time they get in the car until they reach their final destination without needing to create their own playlist. This is fantastic news to everyone...

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Barracuda Report Reveals Cloud Use Continuing to Grow
Jun28

Barracuda Report Reveals Cloud Use Continuing to Grow

Kuala Lumpur, 28 June 2017: Barracuda Networks, Inc., a leading provider of cloud-connected security and storage solutions, today announced key findings from a new global research report, “Unlocking the Benefits of Public Cloud” that outlines the respondents’ use of public cloud, benefits of public cloud, challenges with public cloud and public security. Thiban Dharmalingam, the Regional Manager of Barracuda in Malaysia shares, “This...

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Kaspersky Lab on NotPetya global ransomware attacks
Jun28

Kaspersky Lab on NotPetya global ransomware attacks

Petaling Jaya, 28 June 2017: Kaspersky Lab’s analysts are investigating the new wave of ransomware attacks targeting organizations across the world. Our preliminary findings suggest that it is not a variant of Petya ransomware as publically reported, but a new ransomware that has not been seen before. That is why we have named it NotPetya. The company’s telemetry data indicates around 2,000 attacked users so far. Organizations in...

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iPay88 Wins Top Awards: For Responsible Business & e-Payment
Jun21

iPay88 Wins Top Awards: For Responsible Business & e-Payment

KUALA LUMPUR, 21 June 2017: iPay88 Sdn Bhd (‘iPay88′) – Malaysia’s leading online payment gateway provider in Asia, today announced that it has won two (2) prestigious awards: – The Global Responsible Business Leadership Awards 2017 for “ICT Business Strategy Excellence”; The MyClear Malaysian e-Payments Excellence Awards for “Top FPX Ac-quirer (non-Bank)”. iPay88 prides itself on consistently...

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