Data Vantage: Bigo, Neuroncredit and foodpanda get more capital for expansion and other updates

As Southeast Asian economies recover from the impact of the COVID-19 pandemic, tech players are injecting fresh capital into their local subsidiaries for growth and expansion.

Cayman-registered Bigo Inc. has injected $220 million into its Singapore subsidiary, Bigo Technology, to drive expansion in an increasingly competitive market. Bigo operates popular live-streaming app Bigo Live, video-sharing app Likee and gamecasting platform Cube TV.

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