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2025-01-10 15:16:58 -

ByteDance takes short dramas global with Melolo launch
ByteDance’s Melolo aims to expand the global reach of China’s popular short drama format, offering fast, engaging storytelling. ByteDance has entered the international short drama scene with the launch of Melolo, a free-to-watch app tailored for global audiences. Released in November 2024, Melolo marks ByteDance’s first short drama platform outside China, modeled after the...

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Ifvex

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2025-06-06 08:49:38 -

Singapore’s bolttech closes Series C fundraise at $147M
Singapore’s insurtech bolttech announced Wednesday that it has closed Series C fundraise at $147 million, reflecting a company valuation of $2.1 billion. Bolttech said in a statement that it welcome Sumitomo Corporation, one of Japan’s largest trading houses, and Iberis Capital, a leading private equity and venture capital manager in Portugal, as strategic investors. In addition...

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2025-05-01 17:21:27 -

Singapore’s Thunes raises $150M in Series D funding led by Apis Partners and Vitruvian Partners
Thunes, the Singapore-based payment firm, has announced the successful raise of its $150 million Series D funding led by global private equity firms Apis Partners and Vitruvian Partners. The firm said in a statement on Monday that the firm plans to leverage this capital to supercharge its expansion in the United States, supported by the recent acquisition of licenses across 50 U.S. States,...

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2025-08-17 00:28:24 -

VinFast founder to inject another $1.5B in exchange for R&D assets – report
VinFast founder Pham Nhat Vuong has agreed to buy the EV maker’s research and development arm for $1.52 billion, his latest cash injection into the loss-making Vietnamese company, Reuters reported on Thursday. The deal will involve Novatech Research and Development JSC, a Vietnam-incorporated entity, being carved out of VinFast Trading and Production JSC (VFTP), its domestic...

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