AsiaConnect Team

South Korea’s $7 Billion Initiative: A Strategic Leap in AI Chip Production

South Korea, renowned for its technological prowess and export-driven economy, has embarked on a bold endeavor to fortify its position…

Jack Ma’s Memo to Alibaba Staff: A Call for Resilience and Vision

In a recent move aimed at boosting morale and inspiring resilience, Jack Ma, the co-founder and former chairman of Alibaba…

Singapore AI Startup Secures $5 Million in Square Peg-Led Seed Round

In a significant boost to Singapore’s burgeoning tech scene, a promising artificial intelligence startup has recently announced the successful closure…

Hang Seng’s $4.2 Billion SME Power Up Fund: Navigating Post-Pandemic Challenges

Hong Kong’s Hang Seng has made a significant move in supporting the business community with the launch of a $4.2…

True Global Ventures Reshuffles Leadership: Beatrice Lion Appointed as New CEO

Singapore-based investment firm True Global Ventures (TGV) has recently undergone a significant leadership reshuffle, marking a new chapter in its…

ByteDance’s Workforce Reduction at Feishu: Navigating Challenges in Workplace Collaboration

ByteDance, the parent company of TikTok, has recently announced a significant workforce reduction within its workplace collaboration unit, Feishu. The…

Canva’s Strategic Move: Eyeing the Professional Design Market with Largest Acquisition Yet

Canva, the popular online graphic design platform, has set its sights on the professional design market with its largest acquisition…

Apple CEO Tim Cook Explores Potential Investments in Indonesia

Apple CEO Tim Cook’s upcoming visit to Indonesia has sparked excitement and speculation about potential investments in the country’s tech…

ByteDance’s Expansion into Generative AI: Job Openings in Singapore and the US

ByteDance, the renowned Chinese tech giant behind popular apps like TikTok and Douyin, has set its sights on expanding into…

Soft Space’s Capital Partnership with Japanese Payment Firm Sets Stage for Series C Raise

Soft Space, a leading Malaysian fintech company, has made significant strides in its growth journey with a strategic capital partnership…