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.
