AsiaConnect Team

Tokocrypto founder bags seed money for AI-powered gifting startup

The founder of Tokocrypto, one of Indonesia’s leading cryptocurrency exchanges, has ventured into a new realm of entrepreneurship by launching…

Eat Just’s Strategic Pause: Evaluating Cultivated Meat Operations in Singapore

Eat Just, a pioneering US-based cultivated meat firm, has made headlines as it reportedly halts operations in Singapore. This decision,…

Bolt’s Expansion Drive: Seeking Country Manager for Malaysia Launch

Bolt, the leading transportation platform, is gearing up for its next phase of expansion with plans to launch its services…

Taiko Secures $37M Funding to Pioneer Web3 Infrastructure for a Censorship-Free Internet

In a groundbreaking development, Taiko, a leading technology startup, has successfully raised $37 million in funding to spearhead the creation…

Wagely Secures $23 Million to Widen Earned-Wage Access Reach

Wagely, a fintech startup dedicated to providing earned-wage access solutions, has successfully raised $23 million in funding to expand its…

Musk sues OpenAI, Sam Altman for straying from nonprofit path

Elon Musk, the tech billionaire and co-founder of OpenAI, has filed a lawsuit against the organization and its former CEO,…

Decline in SEA Startup Salaries in 2023, with Exceptional Rise for Senior Hires

In the ever-evolving landscape of Southeast Asia’s startup ecosystem, 2023 witnessed a notable trend: a decline in average salaries across…

Thai bank SCBX acquires Home Credit Vietnam in $866m deal

In a strategic maneuver aimed at bolstering its presence in the vibrant Southeast Asian market, the Thai bank SCBX has…

SG fintech firm Nium snags payments license in Japan

In a significant milestone for the global fintech landscape, Singapore-based financial technology firm Nium has achieved a major breakthrough by…

Baidu Back on Track: Revenue Growth Rebounds After 2022 Dip

Chinese tech giant Baidu is back in the growth lane after experiencing a revenue decline in 2022. The company recently…