News
Ant Group to become major shareholder of Singapore payment firm 2C2P
Singapore-based payments platform 2C2P and China-based FinTech firm Ant Group announced Monday a strategic partnership to accelerate digital payment adoption and innovation. The partnership, upon completion, will see Ant Group becoming the majority shareholder of 2C2P.
Indonesian culinary multibrand startup Hangry raises additional $22M for Series A funding
Indonesian culinary multi-brand startup Hangry, announced Monday its latest equity and debt funding of $22 million, making it to $35 million in total with Series A equity funding last year. The equity funding portion was led by Hangry’s new investor–Journey Capital Partners, with participation from Orzon Ventures, Sassoon Investment Corporation (SassCorp),…
Vietnam’s Society Pass spins-off lifestyle e-commerce arm Leflair into Leflair Group
Society Pass Inc (SoPa), a Vietnam-based loyalty and ecommerce firm, announced Friday the completion of restructuring Leflair's Vietnam operations with the spin-off of Leflair Group (LFGroup). Along with this restructuring, SoPa has appointed Loic Gautier as Chief Executive Officer of the new Leflair Group.
Vietnam’s Vinfast integrates Amazon Alexa Voice AI into electric vehicles
VinFast, the electric vehicle manufacturer of Vietnam-based Vingroup, on Thursday announced plans to integrate the Amazon Alexa voice experience into its vehicles beginning in 2022. The collaboration with Amazon, announced at the 2022 New York International Auto Show, will integrate Alexa services into the VF 8 and VF 9 all-electric sport utility vehicles…
Singaporean ride-hailing app Ryde to launch community NFT project
Singaporean ride-hailing app Ryde said Friday it will be launching the non-fungible token (NFT) project as part of its efforts to grow and strengthen its community of users. The company will also expand the range of crypto payment options for its users to top up their in-app Ryde wallets.
Hong Kong’s Animoca Brands to acquire French blockchain game developer Darewise
Animoca Brands, the company Hong Kong-based firm advancing digital property rights for gaming and the metaverse, announced Wednesday it will acquire Darewise Entertainment, a France-based game developer founded by veterans of the AAA games industry that is currently developing the high-quality blockchain MMO Life Beyond. The collaboration will facilitate…
Japan e-scooter sharing operator Luup raises $8M through debt and asset financing
Luup, Inc, a Japan-based sharing service of electric micromobility including e-scooters and e-bikes, said Wednesday it has raised a total of 1 billion yen ($7.97 million) through debt and asset financing. This is the first time in Japan that an e-scooter sharing service operator has raised funds through asset financing, and this financing brings Luup’s…
Japan messaging app LINE launches NFT marketplace in Japan
LVC Corporation, operator of Japan-based LINE's crypto asset and blockchain businesses, on Wednesday launched LINE NFT, a non-fungible token (NFT) marketplace available only in Japan.
Singapore medtech firm Us2.ai raises $15M Series A funding led by IHH Healthcare and Heal Partners
Us2.ai, a Singapore-based medtech developer, announced Thursday it has raised $15 million in a series A round led by IHH Healthcare and Heal Partners, with participation from Pappas Capital and existing investors including Sequoia India, EDBI and Partech Ventures. The new funds will be used to drive Us2.ai’s ambitious growth targets for clinical…
