AsiaConnect Team

Delivery Hero denies deal to sell Foodpanda to Grab was cancelled

In recent news, rumors surfaced suggesting that Delivery Hero, a leading global food delivery service, had cancelled a potential deal…

Tokopedia and TikTok Complete Mega Merger as GoTo Closes Profitable Q4

In a landmark development reshaping the landscape of Southeast Asia’s digital economy, Tokopedia and TikTok have finalized their mega-merger, while…

Pixelmon Reboots with $8M in New Funding: A New Era in Gaming Evolution

Title: Pixelmon Reboots with $8M in New Funding: A New Era in Gaming Evolution In an exciting development for gamers…

Shopee lawsuit against ex-employee dismissed by Singapore judge

In a recent legal development, a lawsuit filed by Shopee against a former employee has been dismissed by a Singapore…

Nvidia and Partners Invest $150 Million into Enterprise AI Firm: A Game-Changer in Artificial Intelligence

In a significant development for the field of artificial intelligence (AI), Nvidia, a leading technology company renowned for its graphics…

Antler’s Strategic Investment: $5.1 Million Injected into 37 Pre-Seed Startups in Southeast Asia

Antler, the global startup generator and early-stage venture capital firm, has made significant waves in the Southeast Asian (SEA) startup…

Meesho Faces Valuation Adjustment to $3.5 Billion by Fidelity: Exploring Implications and Strategies

Meesho, the Indian social commerce platform, recently encountered a valuation adjustment to $3.5 billion by Fidelity, a significant correction from…

Japan’s 5G Access for Drones: Pioneering High-Resolution Video and Beyond

Japan’s decision to permit 5G access for drones marks a significant leap forward in the realm of aerial technology, heralding…

Rebellions lands $124M to develop its new AI Rebel chip with Samsung

Rebellions, a rising star in the semiconductor industry, has clinched a substantial $124 million investment to fuel the development of…

InnoVen Capital’s Dual-Currency Fund: $130M Initial Close Signals Strong Singapore-China Ties

The dual-currency fund, denominated in both US dollars and Chinese yuan, represents a strategic move by InnoVen Capital to capitalize…