VinFast announces executive shakeup, billionaire founder becomes CEO
In a strategic move signaling a significant shift in leadership, Vietnamese automotive manufacturer VinFast has announced a major executive shakeup,…
Singapore Government Pledges Support for Retrenched Lazada Workforce
In a commendable display of solidarity during challenging economic times, the Singaporean government has stepped forward to support the retrenched…
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…
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…
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…
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…
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…
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…
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…
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…