AsiaConnect Team

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…

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…