APAC

China’s Tencent to Shut Down NFT Platform

China’s Tencent to Shut Down NFT Platform
China’s Tencent to Shut Down NFT Platform
July 22, 2022  |  Cryptocurrency

China’s Tencent Holdings is preparing to close down its year-old non-fungible token (NFT) platform, an apparent victim of a government ban on secondary digital collectible...

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Sleek Secures Payments License in Singapore
Sleek Secures Payments License in Singapore
July 07, 2022  |  Cross-border Payments

FinTech startup Sleek, an all-in-one digital platform for small businesses, was granted a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS),...

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TikTok Trials eCommerce Offering
TikTok Trials eCommerce Offering
July 01, 2022  |  Social Commerce

TikTok is testing a feed set apart for shopping in a bid to increase revenues for the company’s corporate parent, ByteDance, according to a TechCrunch...

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GetVantage Raises $36M to Grow Revenue-Based Financing Biz
GetVantage Raises $36M to Grow Revenue-Based Financing Biz
June 30, 2022  |  Investments

Alternative revenue-based funding platform GetAdvantage raised $36 million in equity and debt led by DMI Sparkle Fund and Varanium Nexgen Fintech Fund, with Varanium’s partner...

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China’s Tech Industry to Curb Secondary NFT Trading
China’s Tech Industry to Curb Secondary NFT Trading
June 30, 2022  |  NFTs

Dozens of Chinese tech companies have pledged to stop the secondary trading of non-fungible tokens (NFTs). Get the Full Story Complete the form to unlock...

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Trip.com Reports 270% Spike in Airline Bookings
Trip.com Reports 270% Spike in Airline Bookings
June 28, 2022  |  Retail

Chinese travel site Trip.com saw a 270% increase in air travel bookings in the past year as European and Asia Pacific countries lifted their COVID-19...

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China’s Tencent Holdings Launches Metaverse Division
China’s Tencent Holdings Launches Metaverse Division
June 27, 2022  |  Metaverse

China’s Tencent Holdings has formed an “extended reality” (XR) division to tap into the burgeoning metaverse. Get the Full Story Complete the form to unlock...

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Zomato Buying Grocery Delivery Startup Blinkit for $568M
Zomato Buying Grocery Delivery Startup Blinkit for $568M
June 24, 2022  |  Partnerships

Indian food delivery firm Zomato is buying local grocery delivery startup Blinkit for 44.47 billion rupees ($568.2 million) in an all-stock deal as part of...

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