Asia

Apple's launch of BNPL service came at a time when some see the hype around BNPL is fading. During or even before the pandemic, BNPL has seen strong growth in Europe, United States, Australia and Southeast Asia, although it is starting to stir concerns among regulators that it could cause youngsters, who are often seen as financially naive, to overspend and…

It was reported that Alibaba intends to split its operations into six standalone units, each managed by a different chief executive.

Cauldron, the Australian company for precision fermentation facilities, has raised AUD$10.5 million ($6.98 million) from local and global investors to expand its existing pilot plant, and build a national production network and a world-beating team of precision fermentation experts.

The Sandbox, a decentralized gaming virtual platform and a subsidiary of Hong Kong-based gaming firm Animoca Brands, has on Thursday announced a partnership with Ledger Enterprise, a division of France-based crypto-asset security firm Ledger.

Grease Monkey Games, a subsidiary of Hong Kong-based gaming firm Animoca Brands and the creator of the popular Torque Motorsports series, has partnered with Konig to introduce the first-ever interoperable wheel non-fungible tokens (NFTs) to Torque Drift 2 and other games in the Torque Motorsport games franchise in the second half of this year.

Fracton Ventures has supported 18 teams so far, including InsureDAO, IZUMO, UXD Protocol, and Yay!. Fracton Ventures focuses on long-term growth strategies for projects, emphasizing the importance of composability and ideology.

Pantheon Lab, a Hong Kong startup that specializes in creating digital humans with artificial intelligence (AI) technology to serve a plethora of industries, announced Tuesday that it has completed latest seed round of funding.

Animoca Brands, a Hong Kong-based gaming firm, and Hex Trust, an institutional-grade digital asset custodian, have announced the public launch of Gryfyn. Gryfyn is a joint venture to provide an innovative custodial wallet solution focused on onboarding users to Web3.

Auros, a Hong Kong-based crypto-native algorithmic trading and market making firm, has raised $17 million in a funding round led by global high frequency trading firm, Vivienne Court.

Harriet, the leading platform championing female founders, has partnered with venture capital firms Artesian, Wavemaker Partners, Wavemaker Impact, B Capital, and 1982 Ventures to launch "The Female Founder Series".