AsiaConnect Team

OKX Ventures invests in Polyhedra for Web3 interoperability

In a move that signals a commitment to advancing Web3 interoperability, OKX Ventures has recently announced a significant investment in…

Thailand’s Ambitious Leap: PM Set to Unveil $14.3 Billion Digital Wallet Scheme by May

In a groundbreaking move poised to reshape Thailand’s financial landscape, the country’s Prime Minister is set to launch a massive…

Salarium halts operations amid salary disbursement trouble

Salarium, a fintech company specializing in payroll solutions, has recently faced a significant setback as it announced the suspension of…

Ritesh Pai named CEO of international payments at PhonePe

In a strategic move signaling a new chapter for PhonePe, Ritesh Pai has been appointed as the Chief Executive Officer…

VinFast announces executive shakeup, billionaire founder becomes CEO

In a strategic move signaling a significant shift in leadership, Vietnamese automotive manufacturer VinFast has announced a major executive shakeup,…

Singapore Government Pledges Support for Retrenched Lazada Workforce

In a commendable display of solidarity during challenging economic times, the Singaporean government has stepped forward to support the retrenched…

Alibaba Trims GoGoX Stake to 8.89% Amid Intense Competition: Navigating the Logistics Landscape

Chinese e-commerce giant Alibaba Group Holding Ltd has reduced its stake in on-demand delivery platform GoGoX to 8.89%, down from…

Baidu terminates $3.6bn purchase of Joyy’s China livestream unit

In a surprising turn of events, Chinese tech giant Baidu has announced the termination of its planned $3.6 billion acquisition…

Facing Roadblocks, China’s Robotaxi Darlings Apply the Brakes

China’s ambitious foray into the realm of autonomous driving and robotaxis has hit a speed bump as some of the…

Canva prepares for $1b stock sale to new investors

Canva, the graphic design and visual communication platform, is gearing up for a significant financial move as it reportedly prepares…