Asia
Softbank acquires ABB’s robotics business for $5.38B
Japan-based SoftBank Group Corp. announced Wednesday that it has entered into a definitive agreement with ABB Ltd, a global technology electrification and automation firm, to acquire ABB’s robotics business for a total purchase price of $5.38 billion.
Singapore data center firm FLOW appoints new Chief Technology Officer
FLOW Digital Infrastructure (FLOW), a Singapore-based data center developer and operator in Asia Pacific, has appointed Ken Marron as Chief Technology Officer, effective immediately.
Sriwijaya Capital, BlueFive Capital form strategic alliance to boost capital flow between Gulf and SEA
Sriwijaya Capital, an Indonesia-based private equity firm, has signed a memorandum of understanding (MoU) with Abu Dhabi-based BlueFive Capital, to form a strategic alliance aimed at strengthening capital flow between the Gulf and Southeast Asia.
GrabMaps partners Tino to build advanced digital map of Mongolia
GrabMaps, Southeast Asia’s hyperlocal mapping service, is partnering with Tino, Mongolia’s superapp, to build an advanced digital map of Mongolia.
AlphaTON to acquire 51 percent stake in Animoca’s gaming arm GAMEE
AlphaTON Capital Corp., a global digital asset treasury company, intend to acquire 51 percent stake in GAMEE, a wholly owned subsidiary of Hong Kong-based gaming firm Animoca Brands.
NYK joins Neptune’s $52M Series B funding round led by Granite Asia
Nippon Yusen Kabushiki Kaisha (NYK Line), a Japan-based shipping company, and Neptune Robotics (Neptune), a Singapore-based robotics-driven vessel cleaning firm, have on Tuesday announced the signing of the memorandum of understanding which expand their partnership to accelerate fuel efficiency and decarbonization across NYK’s global fleet.
WeLab and Google form AI strategic partnership to boost digital banking in Asia
WeLab, a Hong Kong-based fintech platform, and Google have announced an artificial intelligence (AI)-focus partnership to boost digital banking in the region, and advance WeLab’s goal of delivering AI-powered financial services to 500 million users by 2032.
Yuno accelerates global growth with APAC expansion across China and Singapore
Yuno, a global payment platform, announced Thursday an important expansions within Asia Pacific (APAC) including the opening of regional headquarters in Singapore and new operations in China.
VinFast secures $100M of green loan from MUFG for global expansion
Vietnamese electric vehicles (EVs) maker VinFast has secured a $100 million green loan facility from MUFG Bank, Ltd., to be used for VinFast's development and international expansion strategy.
OpenAI, Oracle, and SoftBank expand five new AI data center sites in US for $500B Stargate project
OpenAI, Oracle, and SoftBank are announcing five new U.S. artificial intelligence (AI) data center sites under Stargate, OpenAI’s overarching AI infrastructure platform.
