TikTok is seeking a US$60 billion valuation in the deal, and Oracle and Walmart will pay a combined US$12 billion for their stakes.
Built by Vietnam’s sole unicorn, Zalo has thrived for nearly a decade. But what would it take for the homegrown messaging app to get to the next level?
Royston Tay and his partners are building GoTrippin, which will act as a hub for various travel content from around the web.
Kludio is a food delivery platform where the full-stack model takes control of the entire food delivery value chain through cloud kitchens, a consumer-facing mobile app, and logistics.
The filing of the potential IPO will be on a US stock exchange and could come within a year from now, sources said.
With flexible work arrangements the default in the new normal, addressing the needs of workers on the move is something companies will need to do.
SoftBank and Naver had made a tender offer to buy Line shares with a price of US$51.2 per share, which was rejected by some investors.
Fintech in Indonesia is currently at 10% to 15% penetration nationwide, but industry sources are bullish about the next five years.
With WeChat spurring the success of companies like Pinduoduo, WhatsApp is now expanding its toolkit to do the same for businesses.
The round comes as a new season of the Indian Premier League is set to kick off later this week, following months of pandemic related delays.
It will use the new funds to invest in its core technology infrastructure for data analysis, product development, and customer service.
Asumsi says it reaches more than 10 million viewers per month through its website, YouTube, and social media platforms.
This collaboration will initially focus on key markets for both organizations, namely in Singapore, Malaysia, the Philippines, and Vietnam.
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