TechNode Global Staff

GIC, a Singapore-based investment firm, has announced that it will acquire a logistics facility in Yatomi city, part of the Greater Nagoya metropolitan area.

o9 Solutions, an India-based enterprise artificial intelligence (AI) software platform provider has on Wednesday announced that its existing investors, led by General Atlantic’s BeyondNetZero, have invested an additional $116 million in the company.

South Korean bank Shinhan Bank, Siam Commercial Bank's technology innovation business unit SCB TechX, and the largest financial institution in Taiwan have on Tuesday announced the successful completion of a stablecoin remittance proof-of-concept (PoC) pilot.

MUSINSA, an online fashion platform in South Korea, has raised $190 million in Series C fundraise led by KKR, a global investment firm. The round also saw participation from Wellington Management, one of the world’s largest independent investment management firms.

Singapore-based global design studio XM HoldCo Pte Ltd and its subsidiaries (collectively the XM Group) has announced that it has completed its latest round of fundraising, led by AIOX Apex Angel Fund (AIOX), together with some of its existing institutional shareholders including Heliconia Capital Management Pte Ltd and ICH Capital.

The Sandbox, a decentralized gaming virtual world and subsidiary of Animoca Brands, has been selected as the platform to build the first Web3 experience for McDonald’s Hong Kong.

WORQ, a Malaysia-based coworking and flex space provider, has announced its collaboration with Malaysia Digital Economy Corporation (MDEC)'s DE Rantau to launch the WORQ with DE Rantau program. The program is estimated to inject MYR 360 million ($79.07 million) into the Malaysian economy by supporting 6,000 highly skilled workers to the workforce as well as…

Philippine-based consumer fintech Salmon has on Thursday announced it has secured a $20 million debt facility from U.S. emerging-markets specialist investment firm Argentem Creek Partners, enabling the firm to further scale its lending operations across the Philippines.

Grab Holdings Limited and Trans-cab Holdings Ltd have on Thursday announced the signing of an agreement for Grab Rentals Pte. Ltd. to acquire 100 percent of the shares in Trans-cab. Trans-cab has a combined taxi and private-hire-vehicle (PHV) fleet of more than 2,500 vehicles, and is accretive on a net income basis to Grab’s business.

Thailand-based e-Commerce platform LINE MAN Wongnai said Thursday it has reached an agreement to acquire FoodStory, a Thai startup specializing in restaurant point-of-sales (POS) systems, in order to expand its merchant solutions business to every restaurant segment in Thailand.