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AsiaConnect Team
March 6, 2024
Bolt’s Expansion Drive: Seeking Country Manager for Malaysia Launch
Bolt, the leading transportation platform, is gearing up for its next phase of expansion with plans to launch its services…
AsiaConnect Team
March 6, 2024
Taiko Secures $37M Funding to Pioneer Web3 Infrastructure for a Censorship-Free Internet
In a groundbreaking development, Taiko, a leading technology startup, has successfully raised $37 million in funding to spearhead the creation…
AsiaConnect Team
March 5, 2024
Wagely Secures $23 Million to Widen Earned-Wage Access Reach
Wagely, a fintech startup dedicated to providing earned-wage access solutions, has successfully raised $23 million in funding to expand its…
AsiaConnect Team
March 4, 2024
Musk sues OpenAI, Sam Altman for straying from nonprofit path
Elon Musk, the tech billionaire and co-founder of OpenAI, has filed a lawsuit against the organization and its former CEO,…
AsiaConnect Team
March 2, 2024
Decline in SEA Startup Salaries in 2023, with Exceptional Rise for Senior Hires
In the ever-evolving landscape of Southeast Asia’s startup ecosystem, 2023 witnessed a notable trend: a decline in average salaries across…
AsiaConnect Team
March 1, 2024
Thai bank SCBX acquires Home Credit Vietnam in $866m deal
In a strategic maneuver aimed at bolstering its presence in the vibrant Southeast Asian market, the Thai bank SCBX has…
AsiaConnect Team
February 29, 2024
SG fintech firm Nium snags payments license in Japan
In a significant milestone for the global fintech landscape, Singapore-based financial technology firm Nium has achieved a major breakthrough by…
AsiaConnect Team
February 29, 2024
Baidu Back on Track: Revenue Growth Rebounds After 2022 Dip
Chinese tech giant Baidu is back in the growth lane after experiencing a revenue decline in 2022. The company recently…
AsiaConnect Team
February 28, 2024
Qatari sovereign fund to invest $1b in international, regional VCs
Qatar’s sovereign wealth fund, the Qatar Investment Authority (QIA), is launching a $1 billion venture capital fund-of-funds program. This initiative…
AsiaConnect Team
February 28, 2024
Coupang’s revenue up in Q4, developing offerings unit losses widen
South Korean e-commerce giant Coupang reported mixed results for its fourth quarter of 2023. While its core product commerce segment…
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