Asia
HK’s V Sing to aggressively expand into US, Japan, Canada, Australia, Dubai & South Korea [Q&A]
We talked to Ivan Le, Chief Executive Officer at V Sing Hong Kong Ltd (a Cyberport Incubatee) to learn more about the company’s achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Hong Kong for 2025 and how he sees Southeast Asia.
Uber ends acquisition of Delivery Hero’s Taiwan foodpanda business amid regulatory hurdles
Delivery Hero SE, the Germany-based global local delivery platform, has confirmed that the American multinational transportation company Uber Technologies, Inc. has decided to terminate the agreement to acquire Delivery Hero’s foodpanda business in Taiwan.
Choco Up partners Wonder Capital to launch $50M fund for APAC SMEs
Choco Up, an Asia-based growth financing platform, has entered into a strategic partnership with Wonder Capital Group Limited, a Hong Kong-based independent investment management firm, to begin a series of private credit funds projected to raise $50 million, to fund Asia Pacific (APAC) small and medium-sized enterprises (SMEs).
Alibaba Cloud: majority of businesses intrigued by the potential of AI in achieving sustainability goals whilst energy consumption concerns persist
Majority of businesses intrigued by the potential of artificial intelligence (AI) in achieving sustainability goals whilst energy consumption concerns persist, Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, said in its latest survey report Monday.
Airwallex inks deal to acquire Vietnamese payment company CTIN Pay
Global payments and financial platform Airwallex has signed a definitive agreement to acquire CTIN Pay, an Intermediary Payment Service (IPS) licensed company in Vietnam, to accelerate its Asia-Pacific (APAC) expansion.
U Mobile partners Qualcomm to boost Malaysia’s IoT adoption
Malaysia’s 5G network provider U Mobile has signed a memorandum of understanding (MoU) with global communications products and services provider Qualcomm Services to boost internet of things (IoT) adoption in Malaysia.
Analysts see Malaysia’s partnership with Softbank’s Arm to ignite front-end semiconductor value chain
Analysts said Thursday that Malaysia's partnership with Softbank-backed semiconductor firm Arm Holdings will ignite the front-end semiconductor value chain in the country.
Hong Kong’s Hex Trust receives major payment institution license from MAS
Hex Technologies (Hex Trust), a Hong Kong-based digital assets financial institution, announced Thursday that it has received a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS).
Animoca Brands bookings rise to $314M in 2024 amid digital asset business growth
Hong Kong-based gaming firm Animoca Brands announced Wednesday that its bookings (total sales and income generating activity) rose to $314 million in 2024, from $280 million a year ago.
HK’s Cyberport: SE Asia’s a pivotal market with immense possibilities for startups to scale operations, access larger consumer base & diverse markets [Q&A]
We talked to Eric Chan, Chief Public Mission Officer at Cyberport, to learn more about the Cyberport's achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Hong Kong and Southeast Asia for the new year. Cyberport is Hong Kong’s digital technology flagship and incubator for entrepreneurship…
