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AsiaConnect Team
AsiaConnect Team
January 5, 2024
Alibaba Trims GoGoX Stake to 8.89% Amid Intense Competition: Navigating the Logistics Landscape
Chinese e-commerce giant Alibaba Group Holding Ltd has reduced its stake in on-demand delivery platform GoGoX to 8.89%, down from…
AsiaConnect Team
January 4, 2024
Baidu terminates $3.6bn purchase of Joyy’s China livestream unit
In a surprising turn of events, Chinese tech giant Baidu has announced the termination of its planned $3.6 billion acquisition…
AsiaConnect Team
January 4, 2024
Facing Roadblocks, China’s Robotaxi Darlings Apply the Brakes
China’s ambitious foray into the realm of autonomous driving and robotaxis has hit a speed bump as some of the…
AsiaConnect Team
January 3, 2024
Canva prepares for $1b stock sale to new investors
Canva, the graphic design and visual communication platform, is gearing up for a significant financial move as it reportedly prepares…
AsiaConnect Team
January 3, 2024
Walking the Path of Tradition and Modernity: The Success Story of She & Me Jutti Store
Zehra Shireen, the visionary behind She & Me Jutti Store, has seamlessly blended tradition and modernity to create a brand…
AsiaConnect Team
January 3, 2024
Vertex injects $24.5m in Line-based martech startup
Vertex, a renowned venture capital firm, has recently infused $24.5 million into a line-based marketing technology (MarTech) startup, marking a…
AsiaConnect Team
January 2, 2024
Qiming Venture Partners leads $22m round of Swap Energy
In a recent development in the energy sector, Qiming Venture Partners has taken the lead in a $22 million funding…
AsiaConnect Team
January 2, 2024
Carro’s Road to IPO: Singapore Unicorn Eyes $100M Funding Boost
In the fast-paced world of automotive technology, Singapore-based unicorn Carro is gearing up for an initial public offering (IPO) and…
AsiaConnect Team
January 1, 2024
Moomoo Makes Major Move to Offer Crypto Trading in Singapore
In a strategic move that reflects the evolving landscape of financial markets, Moomoo, a prominent online trading platform, has announced…
AsiaConnect Team
January 1, 2024
Gem Utilizes GenAI to Pioneer TikTok-Styled News Feeds: A Game-Changer in Media Consumption
In an era dominated by short-form content and rapid information consumption, the intersection of technology and media innovation continues to…
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