NewsSoftBank’s USD 100 billion Vision Fund to shed 15% of staffInvestments in the likes of Uber and WeWork have plunged in value. 1 min read
Louise Daley, angel investor and deputy CEO of AccorHotels Asia Pacific, will join Split’s board of directors. NewsSingaporean pay-later startup Split banks seed funding from 500 Startups1 min read
Existing investor Tencent will secure 2.8% of Nio’s ADS for about USD 10 million. NewsNio to raise over USD 344 million by offering 60 million ADSs amid tight liquidity2 mins read
The funding for the FX platform was led by Ant Financial backed-BAce Capital, SMDV, and Skystar Capital. NewsSingapore fintech firm Wallex raises Series A funding1 min read
Ride-hailing companies upgrade their apps with new health protocol features, including selfie-tech. NewsIndonesia allows Gojek and Grab to carry passengers again2 mins read
The funding is directed at cultivating the financial services sector in the MENASA region. NewsDubai International Financial Center’s Fintech Fund invests in four startups: FlexxPay, Rise, Now Money, and Sarwa2 mins read
Satellite internet is a central focus of policymakers in China. NewsHuawei joins China push to catch up with Elon Musk’s Starlink satellites1 min read
Investors are betting on China’s domestic semiconductor industry as Sino-US tensions have led the country to pursue self-reliance for key components. NewsChinese IoT chip developer Eswin scores USD 283 million in investment2 mins read
The data transfer capabilities between five XL Axiata data centers and Google’s global network will reduce the number of vulnerable points where the traffic experienced interference. NewsIndonesia’s XL Axiata partners with Google Cloud2 mins read
NewsDeals in brief: GIC backs legal AI firm Harvey, Amity and Startale raise funding, China logs 14 investments, and more
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