News
Vantage Data Centers plans to invest $3B to build second data center campuses in Malaysia
Vantage Data Centers (Vantage), a United States-based global provider of hyperscale data center campuses, has on Tuesday announced the development of a second data center campus (KUL2) in Cyberjaya, Malaysia with an additional planned US $3 billion investment.
Singapore’s Jenfi raises $6.6M in Pre-Series B round led by Headline Asia
Jenfi, a Singapore-based fintech firm has raised $6.6 million in a successful Pre-Series B fundraising round led by Headline Asia.
Apax makes approximately $450M investment in Indian travel tech company IBS Software
Apax Partners LLP (Apax) announced Monday that it has reached a definitive agreement to invest approximately $450 mullion to acquire a significant minority stake in IBS Software, an Indian provider of modern Software-as-a-Service (SaaS) solutions to the global travel and logistics industry, from United States-based fund Blackstone.
Japan’s Hitachi sets up new organization to promote Generative AI
Japan-based conglomerate Hitachi, Ltd. has on Monday announced that it has established a new organization called "Generative AI Center" to promote the safe and effective use of Generative Artificial Intelligence (AI).
Animoca Brands joins $10M Web3 Global Educators Fund by Open Campus Protocol
Animoca Brands, the Hong Kong-based gaming firm, has on Monday announced that it has committed to contribute to the Global Educators Fund, a $10 million grant fund set up by Open Campus Protocol (Open Campus) to supplement standard education curricula through the use of Web3 technologies and communities.
Philippine B2B eCommerce enabler etaily wins Expand North Star Pitch Competition
Etaily, a Philippines-based business to business (B2B) eCommerce enabler, has emerged as the winner of the Expand North Star Pitch Competition, hosted in partnership with the GITEX Global team in the Philippines.
J&T Express acquires China’s Fengwang Express for $170M
Indonesia-headquartered courier startup J&T Express has on last Friday announced that it will acquire Shenzhen Fengwang Information Technology Co., Ltd. (Fengwang Information), the owner of Chinese e-commerce logistics provider Shenzhen Fengwang Express Co., Ltd. (Fengwang Express), for RMB1.183 billion ($170.09 million).
Alibaba Cloud unveils plans to strengthen global partnership ecosystem
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, is set to further empower its ecosystem partners through a series of new initiatives. The new initiatives including the launch of an Independent Software Vendor (ISV) Acceleration Program, a training empowerment program for partners, as well as new incentives to reward partner…
BEYOND EXPO 2023: Malaysia’s Aerodyne plans to raise up to $200M in Series C round; IPO in two to three years’ time
Aerodyne’s plan to raise Series C round also comes after its bridging round in September last year.
Vietnam’s VinFast to list in United States via SPAC
Vietnamese electric vehicle maker (EV) VinFast Auto Pte. Ltd. (VinFast) has on Friday announced that it will be listed in the United States via a merger with special purpose acquisition company (SPAC) Black Spade Acquisition Co. (Black Spade).
