AsiaConnect Team

VinFast Forges Strategic Alliance with Five Indonesian Dealers: A Gateway to Southeast Asian Expansion

VinFast, the Vietnamese automotive manufacturer, has made significant strides in its ambition to expand its footprint beyond its home turf.…

Animoca Brands Forges Strategic Partnerships with Three Crypto Wallets for Web3 Network Mocaverse

In a move aimed at enhancing the accessibility and functionality of its Web3 network Mocaverse, Animoca Brands has announced strategic…

Introducing Sora: OpenAI’s Groundbreaking Text-to-Video Model

In a groundbreaking development that underscores the rapid advancement of artificial intelligence (AI) technology, OpenAI has introduced Sora, its innovative…

Lucas Ngoo Steps Down from Daily Operations at Carousell

Lucas Ngoo, co-founder of Carousell, one of the leading online marketplaces, has announced his decision to step down from his…

NTU Singapore Establishes Cutting-Edge Lab for Ultra-Thin Soft Electronics

Nanyang Technological University, Singapore (NTU Singapore), renowned for its groundbreaking research initiatives, has inaugurated a state-of-the-art laboratory dedicated to the…

Paytm Payments Bank, a prominent player in India’s digital banking landscape

Paytm Payments Bank, a prominent player in India’s digital banking landscape, finds itself under scrutiny as regulatory authorities initiate an…

Qoo10 Expands E-commerce Footprint with $173 Million Acquisition of Wish

Singapore-based e-commerce platform Qoo10 has made a strategic move to broaden its reach and strengthen its market position with the…

Reshaping the Path: Octopus Co-founder Steps Down for ‘Personal Reasons’

In a surprising turn of events, one of the co-founders of Octopus, a prominent tech company, has announced their resignation,…

Modalku Co-founder Steps Down After 8 Years of Service: Reflecting on a Journey of Innovation and Growth

Modalku, a leading fintech company in Southeast Asia, is undergoing a significant transition as one of its co-founders steps down…

SoftBank Reduces Paytm Stake Before RBI Crackdown: Implications and Analysis

In a significant development, SoftBank, a major investor in Paytm, reportedly reduced most of its stake in the Indian fintech…