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Deals in brief: Japan’s SmartBank hits first Series B close, Vynn Capital leads investment in DF Auto, latest China deals, and moreBringing you the latest updates on funding deals and activities in the Asia Pacific. SmartBank brings in JPY 4.08 billion for first Series B close To expand its foothold in personal finance, Tokyo-based SmartBank, the firm behind the expense management app B/43, has raised JPY 2.93 billion (USD 18.7 million) in its Series B funding round’s initial close. The round was led by SMBC-GB...0 Comments 0 Shares 43 Views 0 Reviews
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Japan’s startups find new pathways to global markets at SWITCHJapanese startups made a strong impression at this year’s SWITCH, unveiling innovative tech solutions primed for global applications. Japanese municipalities are stepping up their support for startups, with an intensified focus on helping innovators connect with global markets. In late October, representatives from Tokyo, Kansai, Aichi, Fukuoka, and Yokohama joined forces at the...0 Comments 0 Shares 40 Views 0 Reviews
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JapaneseStartups, SWITCH2024, KansaiInnovation, GlobalExpansion, IfvexBilibili has turned profitable, driven by rising user engagement and effective monetization strategies. On November 14, US- and Hong Kong-listed Bilibili marked a significant milestone: its first quarterly profit since going public. Revenue for the third quarter ending September 30, 2024, grew by 26% year-on-year (YoY) to RMB 7.31 billion (USD 1 billion), with growth across its value-added...0 Comments 0 Shares 36 Views 0 Reviews
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Tencent’s operating profit climbs 19%, fueled by gaming and fintech gainsGame titles like Honor of Kings and Valorant remain key drivers of Tencent’s growth. Chinese tech giant Tencent posted solid Q3 2024 financial results, reflecting its adaptability and growth across key sectors. The company’s unaudited report for the quarter ending September 30 showed year-on-year (YoY) growth in revenue, profit, and user metrics, underscoring Tencent’s focus...0 Comments 0 Shares 38 Views 0 Reviews
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China exports soar past forecast as factories front-run Trump tariff threatShipments were up 12.7% in October, marking the fastest growth in two years. China’s exports grew at the fastest pace in over two years in October as factories rushed inventory to major markets in anticipation of further tariffs from the US and the European Union, as the threat of a two-front trade war loomed large. Donald Trump’s sweeping victory in the US...0 Comments 0 Shares 36 Views 0 Reviews
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One-size-fits-none: Redefining corporate communication with personalisationIn today’s digital world, personalisation in communication has shifted from a luxury to a necessity for meaningful connections It is unrealistic for an organisation to conduct a company-wide meeting or a town hall tailored to each employee’s unique needs, as different people have different personalities, grasping powers, and learning habits. This could impact the effective delivery...0 Comments 0 Shares 202 Views 0 Reviews
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Hemisphere Ventures Expands into Southeast Asia with New Singapore OfficeHemisphere Ventures, a U.S.-based venture capital and consulting firm, has opened its first Southeast Asia office in Singapore. The firm is known for early-stage investments in frontier technologies such as space, cybersecurity, biotech, nanotech, drones, and robotics. With the expansion into Singapore, Hemisphere enters the Southeast Asian market as it seeks to strengthen its global...0 Comments 0 Shares 21 Views 0 Reviews
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Intudo Ventures Secures $125M to Strengthen Indonesia’s Digital Ecosystem and Clean Energy Supply ChainsIndonesia-focused venture capital firm Intudo has secured $125 million across two new investment funds to expand its global footprint. The firm, based in Jakarta and Silicon Valley, has launched its fourth venture fund, Intudo Ventures IV, LP, with $75 million dedicated to supporting local startups in sectors like consumer products, digital technology, and deep tech. Additionally,...0 Comments 0 Shares 24 Views 0 Reviews
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Indian Long Necklace: A Statement of Elegance and TraditionThe Indian long necklace has become a hallmark of grace, sophistication, and tradition, playing a central role in Indian jewellery collections. Known for its intricate designs and cultural significance, the long necklace is a versatile indian long necklace accessory that can be worn for various occasions, from weddings and festivals to casual gatherings....0 Comments 0 Shares 8 Views 0 Reviews
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