AsiaConnect Team

Fantuan Secures $40 Million in Funding to Bring Authentic Asian Cuisine to Your Doorstep in Vancouver

Vancouver-based food delivery platform Fantuan has successfully raised $40 million in a recent funding round, signaling its ambition to further…

Gravel gets funding from NEA to support Indonesia’s booming construction industry

Gravel, a construction technology startup based in Indonesia, has successfully secured funding from NEA (New Enterprise Associates) to bolster the…

Igloo Secures $36 Million in Funding, Sets Sights on Achieving Profitability by 2024

In a significant development for the proptech sector, Igloo, a leading player in the space, has successfully raised $36 million…

Tata Technologies Achieves Remarkable 180% Soar in IPO Debut

In a stunning debut on the stock market, Tata Technologies, a global engineering and product development company, witnessed an extraordinary…

Ant Financial Quadruples Profit with Strategic Sale of Zomato Stake

In a strategic move that has sent ripples through the financial landscape, Ant Financial, the financial technology arm of Alibaba…

SenseTime Explores Individual Fundraising for AI Units in Strategic Move

In a groundbreaking strategic move, SenseTime, a global artificial intelligence (AI) technology company, is considering individual fundraising initiatives for its…

NomuPay Accelerates Global Expansion through Acquisition of UK-Based Payment Firm

In a strategic move to bolster its international presence and enhance its suite of financial services, NomuPay, a dynamic player…

Temu’s Disruption in Global E-commerce Signals Proximity to Alibaba’s Overtaking by Pinduoduo (PDD)

In the ever-evolving landscape of global e-commerce, Temu, an emerging player, is making waves, causing ripples that suggest a possible…

Hacker claims theft of Shadowfax users’ information

In a concerning development, a hacker has recently claimed the theft of user information from Shadowfax, a prominent logistics and…

TikTok may partner with any Indonesian firm for ecommerce efforts, minister says

In a strategic move that could reshape the landscape of e-commerce in Indonesia, the popular short-form video platform TikTok is…