Malaysia’s Rev Asia to Acquire iMedia in All Stock Deal
Rev Asia Bhd today announced that, subject to approvals, it has agreed to acquire iMedia, a Malaysian digital media company focusing on content, technology...
Chinese Huawei Launches Its Accelerator Program for Deep Tech Startups
China’s tech giant Huawei today launched its Spark accelerator program in Singapore. It aims to incubate and accelerate deep tech startup growth in the...
Indian Paytm Payments Bank Approaches RBI for In-Principle Approval to Become...
Paytm Payments Bank has reportedly approached the Reserve Bank of India (RBI), seeking in-principle approval for becoming a small finance bank (SFB), which will...
Vietnam’s Galaxy Media Acquires Local Edtech Startup Hocmai
Vietnamese media group Galaxy Media and Entertainment announced on Thursday that it has acquired a majority stake in local edtech startup Hocmai for an...
China’s TikTok CEO Kevin Mayer Quits after Less Than Three Months
TikTok Chief Executive Officer Kevin Mayer has left the company, less than three months after he joined the hit short video app, and U.S....
China’s Alibaba Suspends Its India Investment Plan Amidst Increased Scrutiny
China’s Alibaba Group will reportedly go slow on its plan to invest in Indian companies and not sign any fresh deals in the wake...
Delivery Hero Acquires Dubai-Based Grocery Startup InstaShop for $360 Million
Global food and grocery delivery giant Delivery Hero has acquired Dubai-based on-demand grocery delivery marketplace InstaShop for $360 million, it announced in a statement...
China Ride-Hailing Giant Didi Launches Services in Russia
Didi Chuxing announced in a release on Tuesday that it kicked off its service in Kazan, the capital and largest city of the Republic...
Chinese Pinduoduo Ventures into Hotel Business, Taking on Trip.Com And Meituan
Hotel chain operator Huazhu Hotels Group (NASDAQ: HTHT) has launched a flagship store on Pinduoduo (NASDAQ: PDD), making its 2,000 hotels accessible to the...
India Tata Digital to Launch ‘Super App’, Integrate Consumer Oerings
Tata Digital, India’s oldest conglomerate Tata Group’s foray into the tech sector, is set to launch an integrated ‘Super App’ which will combine the...
Russia Will Continue to Co-Operate with China’s Huawei On 5G, Says...
Russia is interested in working together with China and Huawei to develop and implement a 5G network, the country’s foreign minister, Sergei Lavrov, said...
Chinese Alibaba’s Digital Economy Soaks Up Consumer Demand in Q2
Alibaba (NYSE:BABA) reported its June quarter financial results on Thursday marked by accelerating growth as total revenues reached RMB 153.75 billion (USD 21.76 billion),...
