Telecommunications
Grab rival Be Group gets $60M loan for Vietnam expansion – report
The ride-hailing market in Vietnam is expected to grow at a compound annual rate of more than 28 percent over the next five years, according to research firm Mordor Intelligence.
Singtel to invest an additional $100M into innovative technology start-ups through Singtel Innov8
Singapore telecommunications firm Singtel announced Tuesday its plan to invest a further $100 million into Singtel Innov8, its corporate venture arm, raising its total capital commitment to $350 million. With the capital injection, Innov8 will further expand its portfolio of investments in Southeast Asia, United States, China, Israel and Australia.
Singapore’s Circles Global acquires Pareteum to accelerate growth in global digital telco SaaS market
Singapore telco Circles Global announced Thursday it has completed the acquisition of the Mobile Virtual Network Enabler (MVNE) business of Pareteum, a US-based cloud software communications platform company with operations in multiple regions around the world.
India’s Airtel acquires strategic stake in Singapore blockchain technology startup Aqilliz
Bharti Airtel (Airtel) has acquired a strategic stake in Aqilliz, a Singapore-based blockchain as a service company. It aims to deploy Aqilliz’s advanced blockchain technologies at scale across its fast growing adtech (Airtel Ads), digital entertainment (Wynk Music and Airtel Xstream) and digital marketplace (Airtel Thanks App) offerings.
Cloud communications firm Vonage acquires omnichannel conversational commerce solutions provider Jumper.ai
Vonage has acquired Jumper.ai to boost its existing portfolio.Conversational commerce is an in-demand retail trend that capitalizes on the growing convergence of shopping and conversations on platforms such as Facebook Messenger, WhatsApp, and Instagram, using the chat feature to create a seamless shopping experience. Consumers can engage in personal…
