Archive

PAG Acquires Control of ZHENAI.COM, China’s Largest Online Matchmaking Business

Zhenai Inc.  China’s largest online matchmaking and dating service provider, announces that PAG, one of the largest investment firms in Asia, has closed the acquisition of a super-majority controlling interest in Zhenai. The transaction size is not disclosed. Founded in

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Foreign​ Currencies ​Marketplace App YBPay Launches Web Version! ​

YBEX is a Hong Kong based financial technology company, delivering an online marketplace for foreign exchange services. they strive to bring the best user experience in the financial services industry through continuous innovation. With YBPay for Apple and Android, users

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Infographic: The 11.11 Global Shopping Festival , Mobile Payments

The 11.11 Global Shopping Festival generates bigger numbers every year than any other online sale in the world. This year’s final tally hit a new record: $17.79 billion in gross merchandise volume, up from $14.3 billion in 2015. But Alibaba

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Announcing the Launch of HK’s First Mobile Platform for Insurance Purchasing and Claiming

Wesurance, a Hong Kong-based InsurTech provider will launch of Hong Kong’s first mobile platform for insurance purchasing and claiming. Developed in partnership with two industry leaders, Allied World Assurance Company, Ltd and TransUnion, the platform features key technological innovations, including

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SK Telecom, Hyundai Motor Company, Hanwha & Element AI Create US$45M Global AI Fund

Element AI, an artificial intelligence company that delivers groundbreaking AI solutions, today announced it has established a joint $45M fund with Korean conglomerates SK Telecom, Hyundai Motor Company, Hanwha. The new fund leverages each partner’s unique value and targets the

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Insurance’s Digital Future – 3 Crucial Questions

Insurance is an industry at a turning point. Few could have predicted that ‘innovation’ would become one of its watchwords, but as the digital revolution spurred on by InsurTech gathers pace fundamental changes are beginning to take hold. As we

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Cyberport University Demo Day Awarded 12 Fintech Teams Each $100,000 Seed Funding

Cyberport is dedicated in nurturing the new generation of digital technology talents and entrepreneurs. Its FinTech-focused Cyberport University Partnership Programme (CUPP), running in its third year and supported by a number of industry partners, provides students with FinTech aspiration a

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Recent Regulatory Responses To ICOs In Asia Pacific

Regulatory authorities around the world are grappling with the rapidly spreading phenomenon of issuers raising funds by selling cryptocurrency ‘coins’ or ‘tokens’ (coins) which may give holders certain rights, or may only have purely speculative value. Most regulators now take

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Launch Of Cyberport Investors Network To Drive Deal Flow

The Cyberport Venture Capital Forum 2017 (CVCF) successfully concluded s. The two-day (1-2 November) forum has gathered the world’s influential venture capitalists, investors, key industry players and stakeholders as well as digital tech start-ups at Cyberport to share insights on

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Bambu wins Best of Show at Finovate Asia 2017

Bambu, the leading digital wealth company in Asia, won the Best of Show Award at Finovate Asia 2017 in Hong Kong, yesterday. Finovate is a series of conferences focused exclusively on showcasing the best and most innovative new financial and

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