Latest news and trends about tech
Singapore’s mum-focused e-commerce brand aggregator Rainforest raises $45M in equity funding
This latest financing brings Rainforest’s total capital to over $100 million since its launch in January 2021, the company further expects to reach profitability by the end of 2022.
India’s ShareChat closes $520M round at $5 billion valuation
ShareChat (Mohalla Tech Pvt Ltd), India’s largest homegrown social media company, announced Thursday the closure of its multi-tranche funding round through which it raised a total of $520 million and reached $5 billion in valuation.
Indonesia’s Desty bags funding in Square Peg led round
Desty, an Indonesia-based startup building a full stack e-commerce solution for merchants, announced Thursday it has raised a new round of funding led by Square Peg. This is in addition to funds raised from a Pan Asia investor base last year, including East Ventures, Jungle Ventures and 5Y Capital and other prominent angel investors in the region.
United States Mythical Games partners South Korea’s Kakao for APAC expansion
United States-based next-generation blockchain gaming studio Mythical Games announced Thursday a partnership with Kakao Games, South Korea’s leading publisher of online and mobile games. Moving forward, Mythical will integrate and support the BORANETWORK – an affiliate of Kakao Games and its proprietary blockchain and layer 2 ecosystem – as both entities…
Malaysia’s Capital A mulls US listing
Capital A Bhd, which owns Malaysia's budget airline AirAsia, said Thursday listing in the United States market would be attractive given the liquidity and the diverse investor reach that it can provide.
Singtel partners Hyundai Motor Group to develop advanced manufacturing facility of the future with 5G
The HMGICS, the first of its kind in the world, will leverage Singtel’s 5G campus network with mobile edge core solutions that will provide uninterrupted high-speed connectivity and massive bandwidth to enhance HMGICS’s high-precision quality control in manufacturing operations.
Airasia Super App launches closed-loop e-wallet platform
The airasia Super App announced Friday a brand new feature, the airasia pocket which is a closed-loop electronic wallet (e-wallet) within the super app that enables users to reload and make payments for all the products and services on the app while being rewarded at the same time.
Singapore’s Nansen launches crypto-native messaging application
Nansen, a Singapore-based blockchain data analytics platform, announced Wednesday the launch of Nansen Connect, a crypto-native communications hub designed to be a nexus for high-value, high-signal interactions for Web3 natives.
Talkwalker’s Benjamin Soubies on how AI-enabled consumer intelligence is making a difference in customer engagement [Q&A]
In this TechNode Global Q&A with Soubies, we learn how the company's AI-enabled consumer intelligence platform empowers marketing, communications, and consumer research teams to transform millions of data points into actionable insights, enabling brands to better anticipate consumers’ needs and engage their audiences.
Animoca Brands acquires Israeli EdTech platform TinyTap for $38.88M
Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the metaverse, announced Thursday it has completed the acquisition of 80.45 percent of the issued capital of Israeli EdTech platform TinyTap Limited (TinyTap), for a consideration of $38.88 million in cash and shares.
