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Vietnam’s homegrown carmaker VinFast’s in high gear to win US & European EV markets

VinFast, on the other hand, is taking a different approach. It is building a global EV brand. Besides its manufacturing complex in Hai Phong, Vietnam, VinFast will build a plant in US, and planning another in Europe. It is set to make history as the first car brand from Southeast Asia to build manufacturing plant in the US and Europe.

The cost-benefit analysis of database backup strategies

In Southeast Asia, data protection as a business culture is still gaining awareness, and with remote working becoming more common, greater urgency and action are needed. Data plays a vital role in any successful business, and backups are central to any data protection strategy. Protecting this data is mission-critical, and it falls to database…

Indian EdTech firm upGrad acquires corporate training solutions provider Centum Learning

UpGrad, an India-based higher edtech company has announced the 100 percent acquisition of corporate training solutions leader Centum Learning (Centum) in a share swap deal.

WeLab and Astra complete Bank Jasa Jakarta acquisition

WeLab, a Hong Kong-based fintech platform, announced Monday the completion of the acquisition of an Indonesian commercial bank, PT Bank Jasa Jakarta (BJJ), together with PT Astra International Tbk (Astra), one of Indonesia's largest public companies.

Singapore’s Nutrition Technologies closes $20M equity round led by PTT Ventures

Singapore-based agri-biotech company Nutrition Technologies has on Monday completed an equity venture round of $20 million led by PTT Ventures. The round was supported by Sumitomo Corporation, ING Sustainable Investments, Mandala Capital.

Hong Kong’s Animoca Brands to acquire US gaming firm WePlay Media

Animoca Brands, the Hong Kong-based blockchain gaming firm, announced Friday it will acquire WePlay Media Holdings LLC, the sole shareholder of XXL Racing LLC, an official licensee of MotoG™ , and WePlay Media LLC, the developer of the highly popular MotoGP™ Championship Quest.

Why Ethereum Merge will be game-changing for DeFi and crypto investing

Ethereum post-Merge will be much more attractive to institutional investors keen on ESG and earning stable yields, writes Wei Zhou of Coins.ph. Here’s why.

Winter is coming, but startups can be prepared with the right tech planning

Cloud services provide access to top-notch infrastructure at low upfront costs and allow startups to launch products at a faster pace. It also helps the product team to scale their load-handling capacity in case the demand shoots up for their goods or services. We recommend firms get a cloud partner early on to help in this journey.

Sequoia India and Southeast Asia’s Surge back EdTech firm Virtual Internships $14.3M fund raise

Virtual Internships, a United Kingdom-based EdTech company, announced Thursday that it has closed a $14.3 million Series A raise led by Hambro Perks. The round was also supported by Sequoia India and Southeast Asia’s Surge, Arsenal Growth, Kaplan, Ascend Vietnam Ventures, and STIC Investments.

Sea Ltd’s top management to forgo salaries as firm cuts cost – report

The company’s main objective for the next 12 to 18 months is to achieve positive cash flow as soon as possible.