News

Singapore’s OCBC Bank partners Digital Exchange MVGX to develop new green financing solutions

Singapore's OCBC Bank and MetaVerse Green Exchange (MVGX), a digital green exchange licensed and regulated by the Monetary Authority of Singapore, on Monday announced a strategic partnership to develop new green financing solutions aimed at accelerating large corporates’ journey to carbon neutrality.

Hong Kong rail operator MTR enters Web3 era in partnership with The Sandbox

Hong Kong rail operator MTR Corporation announced Thursday its entry into the Web3 era and will start its metaverse journey in partnership with The Sandbox, a decentralized gaming virtual world and subsidiary of Animoca Brands, to create new and immersive experiences in the virtual world.

TechStorm and Original Startups Collective forge strategic alliance via metaverse-centric partnership

TechStorm, a Singapore-based media community for esports, gaming and Web3 enthusiasts, announced Friday a new partnership with metaverse startup launchpad Original Startups Collective (OSC), aimed at growing diverse metaverse entrepreneurial communities across the region. Through this collaboration, the two organizations will bring their collective…

FamilyMart makes strategic investment in Japanese e-scooter sharing firm Luup

Japan-based convenient store chain FamilyMart Co.,Ltd. announced Friday that it has made a strategic investment in Luup, Inc. a Japanese e-scooter and e-bike sharing service provider. Through this partnership, the two companies will begin full-scale collaboration, including the installation of LUUP ports at FamilyMart stores and joint marketing effort.

Indonesia’s Xendit makes strategic investment in Bank Sahabat Sampoerna

Xendit, an Indonesia-based financial technology company that provides payment solutions, said Thursday it has made a strategic investment in Bank Sahabat Sampoerna, an Indonesian private bank that focuses on micro, small and medium-sized enterprise (SME) businesses, as well as banking-as-a-service for technology-enabled businesses.

Singapore’s The GrowHub partners Vietnam’s Society Pass to provide Australian food products

Singapore-based food and agri-tech company The GrowHub Innovations Company (The GrowHub), announced Friday that it has signed a strategic marketing partnership Memorandum of Understanding (MOU) with Vietnam-based loyalty platform Society Pass to provide agri-food products from producers in Western Australia.

Animoca Brands partners Planet Hollywood to form joint venture for NFTs, themed metaverse and community

Hong Kong-based gaming firm Animoca Brands and United States-based entertainment firm Planet Hollywood Group announced Friday the MetaHollywood joint venture. The MetaHollywood will build the largest online community for movie lovers, studios, and creators to interact within a Hollywood-themed metaverse and marketplace for digital collectibles, moments,…

Gobi Partners and Ozora Venture launch first $10M seed fund for women startups in Indonesia

Venture capital (VC) firms Gobi Partners and Ozora Yatrapaktaja (PT Mega Ozora Venture) are partnering together to launch a $10 million seed fund for women start-ups in Indonesia, called the Ratu Nusa Fund. Focusing on health tech, e-commerce/social commerce, future of work/education, prop tech, enterprise/SME tech and fintech, the Ratu Nusa Fund will be…