AsiaConnect Team

Vertex injects $24.5m in Line-based martech startup

Vertex, a renowned venture capital firm, has recently infused $24.5 million into a line-based marketing technology (MarTech) startup, marking a…

Qiming Venture Partners leads $22m round of Swap Energy

In a recent development in the energy sector, Qiming Venture Partners has taken the lead in a $22 million funding…

Carro’s Road to IPO: Singapore Unicorn Eyes $100M Funding Boost

In the fast-paced world of automotive technology, Singapore-based unicorn Carro is gearing up for an initial public offering (IPO) and…

Moomoo Makes Major Move to Offer Crypto Trading in Singapore

In a strategic move that reflects the evolving landscape of financial markets, Moomoo, a prominent online trading platform, has announced…

Gem Utilizes GenAI to Pioneer TikTok-Styled News Feeds: A Game-Changer in Media Consumption

In an era dominated by short-form content and rapid information consumption, the intersection of technology and media innovation continues to…

Luxshare to Acquire Majority Stake in Pegatron’s iPhone Plant in $296 Million Deal

In a strategic move within the electronics manufacturing industry, Luxshare Precision, a major player in electronic components, is set to…

Chinese Cybercriminals Apprehended for Ransomware Attack Leveraging ChatGPT

In a significant cybersecurity breakthrough, law enforcement authorities have successfully apprehended a group of Chinese cybercriminals responsible for orchestrating a…

Zoomcar Successfully Closes SPAC Deal, Aims for Immediate Trading on Nasdaq

In a milestone achievement for the mobility sector, Zoomcar, the leading self-drive car rental platform, has successfully closed its Special…

FirstCry, SoftBank-Backed E-commerce Giant, Aims to Raise Nearly $220 Million in India IPO

In a significant move that signals the continued growth and expansion of India’s e-commerce landscape, FirstCry, a major player in…

Nonprofit Code.org sues Byju’s unit WhiteHat Jr over payment dues

In a legal development that underscores financial disputes within the education technology sector, nonprofit organization Code.org has filed a lawsuit…