Binance Labs commits $10M to Helio Protocol to advance the LSDfi revolution
Binance Labs, the venture capital and incubation arm of Binance, has committed $10 million to Helio Protocol, a USD-pegged over-collateralized stablecoin. This strategic funding…
August 14, 2023
Insignia AI Notes #5: Context is king and other learnings from building a GPT-powered website chatbot
We list down five key learnings from the experience [of building our own #GPT-powered chatbot], both from the perspective of developing the #chatbot and linking specific context…
August 14, 2023
South Korea’s SK Telekom invests $100M in US’s Anthropic to promote AI innovation
South Korea's telecommunications operator SK Telekom (SKT) has on Monday announced that it is investing additional $100 million in Anthropic, an artificial intelligence (AI)…
August 14, 2023
Central Retail partners Ant Group to launch Alipay+ to provide digital payment services for Asian travellers in Thailand
Thailand-based retailer Central Retail Corporation has joined forces with China-based technology provider Ant Group to launch Alipay+ at its stores, providing comprehensive…
August 14, 2023
Plug and Play partners Enterprise Singapore to launch program to support Singapore startups’ US expansion
United States-based accelerator firm Plug and Play has partnered with Singaporean government agency Enterprise Singapore (EnterpriseSG) to launch of the Global Innovation Alliance…
August 12, 2023
US’s Lineage partners Vietnam’s SK Logistics to expand network in Southeast Asia
United States-based logistics firm Lineage Logistics has on Friday announced it has partially closed a joint venture arrangement with Vietnam-based cold-storage warehouse operator…
August 12, 2023
NewsVenture CapitalPhilippines
Philippine venture builder AHG Lab raises $4M to empower more entrepreneurs
AHG Lab, the independent venture builder in the Philippines, has secured a total of $4 million in Pre-Series A funding aimed at fueling the growth of the venture builder, its…
August 12, 2023
NewsAsiaElectric Vehicles & Mobility
Taiwan’s Gogoro posts lower net loss of $5.6M in second quarter
Taiwanese battery-swapping refueling platform Gogoro saw its net loss for the second quarter of 2023 fall to $5.6 million from $121.1 million a year ago. The group registered a…
August 11, 2023
Singapore’s Funding Societies streamlines business operations in Indonesia
Singapore-based digital finance platform Funding Societies said Thursday the firm is streamlining business operations in Indonesia amid global challenges. This exercise has…
August 11, 2023
Businessman Kiat Lim and footballer Cristiano Ronaldo launch football app for fans to play real time during match
ZujuGP, helmed by Singaporean businessman Kiat Lim and fronted by the Portuguese professional footballer Cristiano Ronaldo, has launched Kickoff by Zuju – a real-time,…
August 11, 2023
NewsDigital TransformationSingapore
Stripe: digital trade is reshaping opportunities for Singaporean businesses in the global economy
Digital trade is reshaping opportunities for Singaporean businesses in the global economy, said Stripe Friday. Its report found that consumers and businesses are optimistic about…
August 11, 2023
Binance Labs invests $5M in Curve DAO Token
Binance Labs, the venture capital and incubation arm of Binance, has made a $5 million investment in Curve DAO Token (CRV), an Ethereum-based token that powers the Curve…
August 11, 2023
NewsMalaysiaAsiaSustainability
Malaysia’s Solarvest eyes further expansion in Taiwan’s clean energy market
Malaysian clean energy firm Solarvest Holdings Berhad has on Friday established a new wholly-owned subsidiary, Solarvest (Taiwan) Corp Ltd (STCL) in Taipei, Taiwan, with the…
August 11, 2023
Indonesian e-commerce platform Uway announces $500M financing
Indonesian e-commerce platform Uway has on Thursday announced a new round of financing of $500 million. The firm will utilize this new round of financing to enhance its supply…
August 11, 2023
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Digital economy will reach $263B in GMV next year, says report
November 5, 2024