AsiaConnect Team

Indonesian travel firm Pegipegi closes after 12 years

After a 12-year journey in the Indonesian travel industry, Pegipegi, a prominent travel firm, has made the difficult decision to…

InDrive plans Philippine launch before end of year

InDrive, a dynamic player in the ride-hailing industry, is gearing up for its much-anticipated launch in the Philippines, with plans…

Animoca Brands Invests $3 Million in Japanese Gaming Company Gacha Monsters

Leading blockchain gaming company Animoca Brands has spearheaded a $3 million seed investment round in Gacha Monsters, a burgeoning Japanese…

Singapore and China to Trial e-CNY for Tourism Spending

In a significant step towards digital currency collaboration, Singapore and China have announced plans to conduct a joint trial of…

Apple to develop iPads in Vietnam with China’s BYD

In a strategic move to diversify its supply chain and reduce dependency on a single manufacturing hub, Apple Inc. has…

GoTo confirms discussions with TikTok for ecommerce partnership

As of my last knowledge update in January 2022, there was no information about GoTo confirming discussions with TikTok for…

17Live’s Milestone Debut Marks Singapore’s Inaugural Completed SPAC Deal

In a historic move, Singapore witnessed its first completed Special Purpose Acquisition Company (SPAC) deal as 17Live, a leading live-streaming…

Digital Paani gets $1.2m to expand wastewater treatment platform

Digital Paani, a pioneering player in the wastewater treatment sector, has successfully secured $1.2 million in funding to accelerate the…

Insular Life (InLife) Sells 40% Stake in Joint Venture with Oona: A Strategic Move in the Philippine Insurance Landscape

Insular Life Assurance Company, commonly known as InLife, has recently made a significant strategic decision by selling a 40% stake…

Rakuten Group Plans $475 Million Sale of Bank Shares to Mitigate Losses

Rakuten Group, a leading Japanese e-commerce and financial services company, has unveiled a strategic move to sell approximately $475 million…