Asia
Animoca Brands completes acquisition of WePlay Media
Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, announced on Wednesday that it has completed the acquisition of WePlay Media Holdings LLC, a digital development studio and producer of mobile content based in United States.
South Korea’s PeopleFund raises $20M led by Bain Capital
PeopleFund Company, the South Korea artificial intelligence (AI)-based digital lending platform, has recently closed a $20 million funding round led by Bain Capital. A total of nine companies including Access Ventures, CLSA Capital Partners LendingArk Asia, D3 Jubilee Partners, 500 Global, Kakao Investment, TBT Partners, and IBX Partners have also…
Taiwan’s KKday revenue hits record high in 2022
KKday, a Taiwan-based travel and experiences platform, has on Wednesday announced record-high 2022 revenue growth of 100 percent year on year, surpassing pre-Covid levels. The increase was bolstered by doubling down on domestic and international travel and investing in innovation and digital transformation of the Asia Pacific (APAC) tourism industry.
CryptoSlam and Forkast.News to form new data intelligence platform
United States-based blockchain data analytics company CryptoSlam and Hong Kong-based Web3 media company Forkast.News have on Tuesday announced a merger to form Forkast Labs, a first-of-its-kind Web3-focused data intelligence and media platform.
Microsoft invests in Darwinbox, collaborates on product integration
Darwinbox, an India-based human resource (HR) tech unicorn, and Microsoft announced Tuesday a collaboration to empower organizations globally with the right tools to succeed in the evolving world of work.
US’s MoviePass completes seed funding round led by Animoca Brands
MoviePass Inc., the technology platform enhancing the exploration of film and the moviegoing experience, announced Thursday it has raised its seed financing led by Animoca Brands. The round also saw participation from Claritas Capital, Emerald Plus, Gaingels, Harlem Capital, PKO VC and Sandhill Angels.
India’s ApnaKlub raises $16M with new investors
ApnaKlub, an India-based business to business (B2B) wholesale platform for fast moving consumer goods, has on Thursday announced that it has raised a total of $16 million. The firm has raised an additional funding of $6 million from TrueScale Capital and ICMG Partners with participation from existing investors Flourish Ventures, Sequoia India’s Surge, Blume…
Animoca Brands Japan invests in Psychic VR Lab
Animoca Brands K.K. (Animoca Brands Japan), a strategic subsidiary of Hong Kong-based Web3 firm Animoca Brands Corporation Limited (Animoca Brands), has on Friday announced that it made a strategic investment of JP¥100 million ($774,230) into Psychic VR Lab’s JP¥1 billion ($7.74 million) fundraising round in December 2022.
Hong Kong’s Jumppoint raises $6.5M Series A funding led by MindWorks Capital
Jumppoint, the Hong Kong-based digital integrated logistics platform, has completed a successful Series A funding round, raising $6.5 million led by MindWorks Capital.The round also saw participation from Headline Asia, Chinachem Group, Philip Kuai, the founder of Dada Nexus.
Alibaba Cloud launches Global Apsara Developer Community
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has on Tuesday announced the launch of Apsara Developer Community, a new hub created to support global developers through an enhanced provision of diverse developer tools and resources.
