Asia

Study: 87 percent of APAC manufacturers prioritize digital transformation; yet 82 percent struggle with innovation pace

87 percent of Asia Pacific (APAC) manufacturers prioritize digital transformation; yet 82 percent struggle with innovation pace, a study showed Tuesday.

Ant International collaborates with BNP Paribas on promoting cross-border payment solutions in Europe

BNP Paribas, the European Union’s leading bank, and Ant International, a Singapore-based digital payment and financial technology firm, have formed a strategic partnership to enhance cross-border payment solutions for merchants and consumers in Europe.

Softbank acquires United Kingdom chip start-up Graphcore

Japanese venture capital fund Softbank Group Corp. has acquired United Kingdom chip start-up Graphcore for an undisclosed sum.

China’s HongShan sets up $2.5B startup fund – report

The report also said it is the largest fundraising by a privately-owned VC firm in China in the past year, marking the ongoing influence commanded by its founder Neil Shen, often considered the country’s most powerful tech investor.

Hex Trust partners Monad Labs to offer custody support for the Monad Blockchain

The Hex Trust Group, a Hong Kong-based provider of digital asset solutions, has partnered Monad Labs, a global developer-forward smart contract platform, to offer custody support for the Monad Blockchain.

Australia‘s DigitalX to launch spot Bitcoin ETF on ASX

Australian blockchain financial company DigitalX Limited said Tuesday that it will launch spot Bitcoin exchange-traded fund on the Australian Securities Exchange (ASX).

Second Xero Beautiful Business Fund launched to support Singapore’s small businesses

Xero, a New Zealand-based small business platform, has announced the return of the Xero Beautiful Business Fund for 2024 — an initiative offering more than SGD 630,000 ($466,720) in funding to support small businesses and non profits with their growth plans and help drive future success.

FREENOW integrates Alipay+ to enable Asian e-wallets acceptance in seven European countries

FREENOW, an European taxi app, has integrated Alipay+ cross-border mobile payment solutions with its taxi cab services in seven European countries: Spain, Germany, Ireland, Italy, France, Greece and Austria.

The Sandbox, Minto and Copro Corporation team up to produce NFTs

The Sandbox, Minto and Copro Corporation, have been authorized with permission from Kodansha Ltd. to produce non-fungible tokens (NFTs) and create Attack on Titan LAND on "The Sandbox" in the Web3 gaming decentralized metaverse.

SK Telecom partners Singtel to develop next-generation telco technology and solutions

Singaporean telecommunications firm Singtel and South Korean telecommunications operator SK Telecom have teamed up to develop next-generation telco technology and solutions.