VNG Q2 operating profit up 86%

Zalo, VNG’s messaging platform, also reached 81.3 million monthly active users in Q2 2026.

Zalo, VNG’s messaging platform, also reached 81.3 million monthly active users in Q2 2026.
CEE Startup & Tech Weekly: Ukraine and France Launch €20M Defense Tech Fund You’ve successfully subscribed to The Recursive Welcome back! You’ve successfully signed in. Great! You’ve successfully signed up. Success! Your email is updated. Your link has expired Success! Check your email for magic link to sign-in.
A screen shows the COP31 logo organized by Türkiye and Australia during the COP30 UN Climate Change Conference in Belem, Para state, Brazil, November 22, 2025. (AFP Photo) July 25, 2026 06:05 AM GMT+03:00 Türkiye’s Scientific and Technological Research Council, TUBITAK, has launched new funding and accelerator initiatives to help clean technology startups commercialize their…
Psalion announced its third and largest venture fund on July 27, introducing a $50 million Singapore vehicle for pre-seed and seed-stage blockchain companies. Summary Psalion launched a $50 million Fund III targeting seed-stage blockchain infrastructure, stablecoins, RWA and DeFi. MAS records list Fund III as restricted, limiting Singapore offers to accredited and institutional investors. Fund…
Moonshot AI is reportedly now aiming to raise new funds at a $50bn pre-money valuation. Moonshot AI, the maker behind the world’s largest open-weight AI model, has reportedly closed a $3.5bn funding round at a $35bn valuation. Sources told Bloomberg that the raise was far higher than the anticipated $1bn to $2bn, highlighting the fervour…
Google warns that new legal orders could put EU users’ privacy at risk. The European Union is ordering Google to level the playing field for its competitors on two fronts in the latest attempt to curtail Big Tech dominance within the bloc. A ruling from the European Commission means competitors must be given the same…
KAREN JOY BACUDO Finance Editor Velocity has raised USD $38 million in a Series A funding round led by Dragonfly and FirstMark. Other investors included Activant Capital, Capital One Ventures, QED Investors, Coinbase Ventures, Wintermute Ventures and Ripple. The new financing brings the London-based stablecoin treasury and settlement platform’s total capital raised to nearly USD…