Singapore’s Thomson Medical Group (TMG) has made a significant move in the healthcare sector by acquiring Vietnam’s FV Hospital, marking Southeast Asia’s largest healthcare acquisition since 2020. TMG, a healthcare group listed on the SGX Mainboard, will purchase 100% of the shares of Far East Medical Vietnam Limited, the operator of FV Hospital and adjacent clinics, with equity firm Quadria Capital exiting its investment in the Vietnamese company.
By Rotation, a U.K.-based clothing rental app, is on a mission to combat the harmful effects of fast fashion by promoting peer-to-peer clothing rental as a mainstream practice in the United States. The startup recently expanded its services to the U.S. market and aims to establish a strong presence in New York City before expanding to other major cities next year.
Two domestic e-wallets, MoMo and ZaloPay, are leading the market in Vietnam, surpassing other payment applications by a significant margin.
Uber and Waymo, once fierce competitors in the autonomous driving space, have announced a partnership that will bring Waymo’s self-driving car technology to Uber’s platform. This unexpected alliance marks a significant development in the race towards fully autonomous vehicles and highlights the evolving dynamics in the industry.
Airbnb, the popular home-sharing platform, experienced a decline in its stock price, dropping as much as 10% in extended trading on Tuesday. This came despite the company surpassing analyst expectations with its first-quarter earnings report, showing strong revenue growth and a net profit.
Warren Buffett, the renowned American investor, recently surprised the investment world with the quick sale of Berkshire Hathaway’s stake in Taiwan Semiconductor Manufacturing Co. (TSMC), which had been purchased just months before. In a recent interview with Nikkei, Buffett shed some light on the reasons behind the decision.
Dozens of American companies are in Vietnam this week to explore local investment opportunities in one of the fastest-growing economies in the world.
Silicon Valley Bank is a technology-focused bank that was founded in the United States in 1983 to provide financial services to startups and other technology companies.
CapitaLand Group, a leading real estate firm based in Singapore, is reportedly in talks to acquire assets worth approximately $1.5 billion from Vinhomes JSC, the largest listed property company in Vietnam. . #techbiz #capitalland #vinhomes #vietnam #investment #business
In August , the Chinese gaming company NetDragon Websoft appointed an “AI-powered virtual humanoid robot” named Tang Yu as the CEO of its subsidiary, Fujian NetDragon Websoft.