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AsiaConnect Team
January 8, 2024
Salarium halts operations amid salary disbursement trouble
Salarium, a fintech company specializing in payroll solutions, has recently faced a significant setback as it announced the suspension of…
AsiaConnect Team
January 8, 2024
Ritesh Pai named CEO of international payments at PhonePe
In a strategic move signaling a new chapter for PhonePe, Ritesh Pai has been appointed as the Chief Executive Officer…
AsiaConnect Team
January 6, 2024
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,…
AsiaConnect Team
January 5, 2024
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…
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
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…
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