China

Malaysia-listed MYEG’s Zetrix blockchain to launch mainnet

Malaysia-based MY E.G. Services Bhd’s (MYEG) Zetrix blockchain has completed the foundational development for its Layer-1 blockchain functionalities and it will launch its mainnet…

Hong Kong’s Lalamove seeks to raise $500M fresh funds at $10B valuation – report

Hong Kong-based on-demand logistics and delivery firm Lalamove is said to be considering to raise about $500 million in new funds at a valuation of around $10 billion, Bloomberg…

Singapore’s Mighty Jaxx closes Series A funding with new strategic investors including iDreamSky Technology

Mighty Jaxx, a Singapore-based future culture company that designs and produces phygital collectibles, announced Tuesday the final, undisclosed close of its oversubscribed Series…

China’s Greenland Financial Technology partners Singapore’s MetaVerse Green Exchange for cross-border digital carbon credits and crypto assets

Greenland Financial Technology Group (Shanghai), a core platform of Greenland Group, a global Fortune 500 company and one of Shanghai’s largest state-backed enterprises focusing…

Alibaba halts talks to raise $1B before Lazada IPO – report

China-based e-commerce giant Alibaba Group discussed raising at least $1 billion for its Southeast Asian arm Lazada before calling off negotiations with potential investors when…

Tencent Cloud partners with KinderWorld to develop smart Campus in Southeast Asia

China's Tencent Cloud announced Thursday its collaboration with Singapore education and training provider KinderWorld International Group (KinderWorld) in the areas of smart…

Leveraging AI to create safer, ESG-compliant construction sites [Q&A]

Few industries, if any, emit more carbon than the construction sector. According to the World Economic Forum, global construction accounts for 38 percent of total global…

India bans 54 Chinese apps on ‘security concerns’ – report

The Indian government has issued fresh orders to ban over 54 Chinese apps, terming them as "a threat to privacy and security of Indians", local media The Economic Times reported…

Singapore cross-border payment firm Thunes kicks off expansion into Greater China

Thunes, a Singapore-based cross-border payments firm, announced Thursday its plans to significantly accelerate the expansion of its operations in Greater China, spanning mainland…

Hong Kong intelligent logistics platform Zeek launches quick commerce solutions in Hanoi, Vietnam

Zeek, an innovative regional logistics solution provider from Hong Kong, is closing the year on the back of strong momentum in Southeast Asia. Following its foray into Ho Chi…