Malaysia wants to lure US tech giants Microsoft Corp and Alphabet Inc’s Google in its drive to be a data hub and as it positions itself as a neutral supply chain base amid rising US-China tensions, Investment, Trade and Industry Minister Zafrul Abdul Aziz said in an interview with Bloomberg Television.

Nocnoc, which facilitates cross-border e-commerce between Latin American merchants and global sellers, raised US$14 million in Series A funding. The company is headquartered in Uruguay with offices in Brazil, Mexico, Argentina, Colombia, China and Spain. Latin America’s cross-border sales grew 44% in 2022. The market is valued at $382 billion and expected to grow annually at a rate of 25% through 2025, according to Americas Market Intelligence.