Asia Pacific
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Tencent gaming media unit Fanbyte experienced sudden layoffs
According to online testimonials from workers who were laid off, the staff at Tencent Holdings’ Fanbyte, a news and entertainment…
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E-wallet in Indonesia Dana joins unicorn club
According to people with knowledge of the situation who spoke to Tech in Asia, Indonesian digital wallet Dana has officially…
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Following Shanghai land purchase, Ant Group may resume its IPO
A corporation controlled by the fintech behemoth supported by Alibaba and the Chinese conglomerate Fosun obtained the rights to a…
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ByteDance to buy back investors’ shares worth $3 B
ByteDance, the company behind TikTok, is considering share buybacks from investors for as much as $3 billion at a valuation…
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Oversubscribed $1 M Seed funding raised by FlexOS
An oversubscribed round led by early-stage VC firm Do Ventures resulted in US $1 million in initial investment for FlexOS,…
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Operations to be shut down by ecommerce enabler TokoTalk
On October 28, TokoTalk, an Indonesian e-commerce platform, will cease operations. Following management approval, the business informed its clients of…
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Agridesa raised $200k Pre-seed funding from Triputra Group, others
Pre-seed funding of $200,000 has been provided to Indonesian agritech company Agridesa by Multifield and Triputra Agro Persada, a division…
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Vietnamese proptech startup Propzy closed its operations
According to sources, the Vietnamese proptech firm Propzy has started the process of closing its operations in Vietnam and terminating…
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First closure of $250 M fund by AC Ventures
The first closure of AC Ventures’ fifth fund, with a target of $250 million, has been attained. AC Ventures is…
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Thirdwave exits stealth mode with $7 M financing
After receiving $7 million in a seed round headed by Framework Ventures, the blockchain data business Thirdwave has come out…
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