AsiaConnect Team

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…
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.…