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ByteDance takes short dramas global with Melolo launchByteDance’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...0 Comments 0 Shares 15K Views 0 Reviews
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EUV Tech opens first international office in SingaporeEUV Tech, the global extreme ultraviolet (EUV) metrology equipment firm, announced last Friday the opening of its first international office: EUV Tech Singapore Pte. Ltd., located at Mapletree Hi-Tech Park, Singapore. The firm said in a statement on last Wednesday that the expansion marks a significant milestone in EUV Tech’s global growth strategy and reinforces its commitment to...0 Comments 0 Shares 1K Views 0 Reviews
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Singapore’s bolttech closes Series C fundraise at $147MSingapore’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...0 Comments 0 Shares 7K Views 0 Reviews
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Singapore’s iSense Global secures strategic investment from DNAKEISense Global, Singapore’s smart city internet of things (IoT) provider, announced Monday a strategic investment from DNAKE (Xiamen) Intelligent Technology Co., Ltd., a publicly listed Chinese smart intercom and building automation firm. ISense said in a statement that this milestone strengthens its regional expansion plans and lays the foundation for its long-term vision of a Nasdaq...0 Comments 0 Shares 1K Views 0 Reviews
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Singapore’s Thunes raises $150M in Series D funding led by Apis Partners and Vitruvian PartnersThunes, 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,...0 Comments 0 Shares 6K Views 0 Reviews
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VinFast founder to inject another $1.5B in exchange for R&D assets – reportVinFast 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...0 Comments 0 Shares 2K Views 0 Reviews
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VinFast secures $100M of green loan from MUFG for global expansionVietnamese electric vehicles (EVs) maker VinFast has secured a $100 million green loan facility from MUFG Bank, Ltd., to be used for VinFast’s development and international expansion strategy. The loan marks the beginning of a long-term relationship between the parties, demonstrative of the commitment of both VinFast and MUFG to advance the green transition in Vietnam and globally,...0 Comments 0 Shares 2K Views 0 Reviews
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