China

Malaysia’s Country Heights partners with China’s JD.com to bring its omni-channel e-commerce platform to Malaysia

Malaysia-based property developer Country Heights Holdings Bhd has inked licensing and collaboration with Beijing Wodong Tianjun Information Technology Co. Ltd (JD.com). The collaboration will lead to the development of JD.com’s Omni channel business model using JD.com technologies and Country Heights’s resources for the Malaysian market.

SGX Catalist-listed Hatten Land signs comprehensive collaboration agreement with Huawei

SGX Catalist-listed Hatten Land Limited's wholly-owned subsidiary Hatten Edge Pte. Ltd. has entered into a Comprehensive collaboration agreement (CCA) with information and communications technology (ICT) provider Huawei International Pte. Ltd. Under the CCA, both companies will jointly explore and develop opportunities in cloud computing and enterprise…

Binance withdraws Singapore cryptocurrency bourse application – report

The company was said to be among some 170 firms that applied to the Monetary Authority of Singapore for a permit to offer cryptocurrency services.

Smart Manufacturing: How industry 4.0 is shaping the future of manufacturing in Germany and China [BEYOND Virtual Panel recap]

Conducted on November 18, this Beyond Virtual panel invited experts in the field of manufacturing and the Industrial Internet of Things to discuss the impact of developments in the Chinese and German manufacturing industries.

Hong Kong’s WATI raises $8.3M Series A funding led by Sequoia Capital India

WATI has raised $8.3 million in Series A funding led by Sequoia Capital India.Surge, Base Partners and several prominent angels including Gokul Rajaram also participated in the round. The funds raised will be used to bolster technology and product development by expanding product integrations and double the team size and improve their presence in Latin…

Hong Kong logistics startup Pickupp raises $37M Series B funding led by Jardine Matheso

Pickupp has raised another $37 million in Series B funding led by Hong Kong conglomerate Jardine Matheson. Existing investors including Reefknot Investments, Cathay Venture Inc., PChome Online Inc., DRIVE Catalyst, and Swire Properties also joined the round, Pickupp said in a statement. The funding will be used to deepen its presence in Asia and to…

Hong Kong’s WeLab acquires Bank Jasa Jakarta in Indonesia to launch second digital bank in Asia

WeLab announced Monday the acquisition of PT Bank Jasa Jakarta (BJJ), a commercial bank in Indonesia, with plans to launch its second digital bank in Asia further to the successful launch of WeLab Bank in Hong Kong. WeLab said it had drawn wide-spread interest from existing and new investors who have already contributed $240 million for this transaction,…

Chinese team wins Gordon Bell Prize for Simulation of Quantum Circuit

ACM, the Association for Computing Machinery, named a 14-member team, drawn from Chinese institutions, recipients of the 2021 ACM Gordon Bell Prize for their project, Closing the "Quantum Supremacy" Gap: Achieving Real-Time Simulation of a Random Quantum Circuit Using a New Sunway Supercomputer.

Singapore Heritas Capital Fund II

Singapore’s Temasek to halt investments in Chinese tech firms ‘temporarily’ amid Beijing crackdown – report

“It’s just that in China, the way it is being executed has been a little more blunt and quick, and that is why it has created a lot of shocks out there,” Sipahimalani was quoted as saying.

Hong Kong’s XanPool secures $27M funding round led by Valar Ventures to consolidate APAC presence and expand service offerings

XanPool software allows anyone to seamlessly enable Crypto to Fiat on- or offboarding, instantly executing and settling transactions without taking custody of customer funds. Its unique C2C software solution and liquidity network make the onboarding and offboarding infrastructure in crypto much more user-friendly, and resilient against existing…