Latest news and trends about tech
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.
MAS and IFSCA to pursue cross-border FinTech innovations
The Monetary Authority of Singapore (MAS) and the International Financial Services Centres Authority (IFSCA) on Monday signed a FinTech co-operation agreement (CA) to facilitate regulatory collaboration and partnership in FinTech. MAS and IFSCA will leverage existing regulatory sandboxes in their respective jurisdictions to support experimentation of…
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.
US’s Sigmoid closes $12M primary and secondary fundraise from Sequoia Capital India
Sigmoid, a United States-based data engineering, analytics and artificial intelligence (AI) solutions company, announced Thursday that it has closed a Series B investment of $12 million, in a mix of primary and secondary funding from Sequoia Capital India.
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.
