AsiaConnect Team

SoftBank Reduces Paytm Stake Before RBI Crackdown: Implications and Analysis

In a significant development, SoftBank, a major investor in Paytm, reportedly reduced most of its stake in the Indian fintech…

Grab and GoTo Resume Merger Talks: Bloomberg Report

According to a recent Bloomberg report, Grab and GoTo, two major players in Southeast Asia’s tech and ride-hailing industry, are…

OKX Ventures Bets on Bitmap Tech to Enrich Bitcoin Ecosystem

In a move signaling confidence and investment in the evolution of the Bitcoin ecosystem, OKX Ventures has announced its strategic…

East Ventures Partners in Launching Emissions Calculator Empowering Indonesian Companies

East Ventures, a prominent venture capital firm known for its investments in tech startups across Southeast Asia, has joined forces…

SEA startups need more cheerleaders, less gossiping: 500 Global partner

As the Southeast Asian (SEA) startup ecosystem continues to flourish, with innovation and entrepreneurship at its core, there’s a growing…

Alibaba’s Resilience: Revenue Growth and Share Buyback Program Expansion in Q3 2024

In a demonstration of resilience amidst a dynamic market landscape, Alibaba Group has reported a noteworthy 5% increase in revenue…

Navigating Challenges: Digital Banking in SEA’s Emerging Markets

In Southeast Asia’s (SEA) emerging markets, the convergence of digital technology and banking has promised transformative opportunities. However, amidst this…

Empowering Sustainability: East Ventures Co-launches Emissions Calculator for Indonesian Companies

In a pivotal move towards promoting sustainability and environmental consciousness, East Ventures, a prominent venture capital firm, has collaborated to…

Midjourney hires ex-Apple Vision Pro engineer for hardware push

In a move that sent ripples through the tech world, Midjourney, the AI research lab known for its stunning image…

Temasek’s Strategic Move: Exiting Policybazaar Investment for $290 Million

Temasek, a global investment company headquartered in Singapore, has recently made headlines with its decision to exit its investment in…