News
Animoca Brands subsidiary Forj receives ApeCoin DAO approval to build first Bored Ape Yacht Club ecosystem accelerator
Forj, an Animoca Brands subsidiary and a Web3 technology firm, has been granted approval from the ApeCoin DAO to launch Ape Accelerator, an incubation platform for the Bored Ape Yacht Club (BAYC) community.
Singapore’s Foundation Healthcare enters Hong Kong in partnership with FWD
Singapore-based healthcare group Foundation Healthcare Holdings Pte. Ltd. (FHH) has announced that it has entered the Hong Kong market with the implementation of Smarter Health Pte. Ltd. (SH)’s digital pre-authorization platform, launched in partnership with FWD Hong Kong.
SC takes enforcement action against Huobi Global for illegally operating digital asset exchange in Malaysia
Malaysian regulator the Securities Commission Malaysia (SC) has taken action against Huobi Global Limited, and its Chief Executive Officer Leon Li for operating a digital asset exchange (DAX) in Malaysia without registration.
Vietnam’s VNGGames sets up new offices in Taipei
VNG Games, the gaming publishing unit of Vietnamese tech giant VNG Corporation, has continued its international expansion with its new offices in Taipei with thirty-five employees. Taipei is the next city for VNGGames to establish a publishing presence after Bangkok, Kuala Lumpur, Jakarta, Shanghai, and Beijing.
Vietnamese edtech firm EQuest raises $120M funding from KKR’s Global Impact Fund
Vietnamese edtech firm EQuest Education Group has announced the successful raising of $120 million through a combination of debt from creditor, and equity from its existing investor KKR’s Global Impact Fund.
India’s Course5 Intelligence raises $55M funding led by 360 ONE Asset
India-based analytics and artificial intelligence (AI) solutions company Course5 Intelligence has on Thursday announced today that it is raising a round of funding of $55 million. 360 ONE Asset has led the round by investing $28 million in Course5.
Gojek partners Dat Bike to roll out electric motorbikes ride-hailing service in Vietnam
Gojek, an Indonesia-based mobile on-demand multi-service platform, has partnered with Dat Bike, a Vietnam-based electric vehicle start-up, to pilot the use of electronic motorbikes to serve the transportation, logistics and food delivery needs of Gojek users in Vietnam.
Grab says ‘on track’ to achieve breakeven by 4Q after losses narrow in 1Q
Grab, the Singapore-based super app, is on track to achieve breakeven by the fourth quarter after its losses narrowed in the first quarter. It has revised up its full year adjusted EBITDA guidance range by $80 million to $90 million.
VinFast plans to expand into the Southeast Asia electric mobility market
Vietnamese automaker VinFast has revealed its intention to expand into the Southeast Asia electric mobility market with its full range of electric vehicles (EVs). The firm also plans to introduce its first four right-hand drive EVs to the market.
