AsiaConnect Team

Inflow raises $2m for tech-based fashion platform

Inflow raises $2m for tech-based fashion platform

Inflow raises $2m for tech-based fashion platform In a significant development, Inflow, the tech-based fashion platform, has successfully secured $2…

Didi Chuxing blames massive ‘system failure’ for service disruption

Didi Chuxing, one of the world’s leading ride-hailing companies, faced a significant service disruption recently, attributing the issue to a…

Pierre Fabre Laboratories Partners with Chowis Company to Introduce AI Diagnostic

In a groundbreaking collaboration, Pierre Fabre Laboratories, a leading pharmaceutical and dermo-cosmetics company, has joined forces with Chowis Company to…

Uncertain Horizons: The Fate of US Venture Capital in China Hangs in the Balance

In recent years, the landscape of venture capital (VC) investment between the United States and China has undergone significant shifts.…

India’s EMotorad Accelerates Global E-Bike Expansion with $20M Investment

In a significant move that underscores the growing momentum of electric mobility, EMotorad, an Indian electric bike manufacturer, has secured…

Turn Capital’s new fund makes first acquisition with Flash Coffee Thailand deal

Turn Capital, a prominent investment firm, has made its initial foray into the Southeast Asian market with its first acquisition…

North Korea-backed hackers target CyberLink users in supply-chain attack

In a recent cybersecurity development, it has been discovered that hackers with alleged ties to North Korea have initiated a…

US chip export ban is hurting China’s AI startups, not so much the giants yet

The United States’ export ban on certain semiconductor technologies is beginning to take its toll on China’s artificial intelligence (AI)…

Singapore-Based Lendela Secures $5 Million Funding to Drive Expansion Across Asia Pacific

Lendela, a Singapore-based financial technology (fintech) firm specializing in digital lending solutions, has successfully raised $5 million in a recent…

Sam Altman to retake CEO position at OpenAI

In a surprising and strategic move, Sam Altman, a prominent figure in the tech industry, is set to retake the…