Tech entrepreneur, Yat Siu, launched one of Hong Kong's first internet providers in the 1990s and today, is contributing to what he calls “the open metaverse”, through the company he co-founded: Animoca Brands.
The metaverse is the next big thing, and the next big bet for many tech companies. From Facebook’s Meta rebrand to Disney going digital, companies are investing heavily to build what they envision as the next chapter of internet evolution. But in the Philippines, the future is possibly already present.
The sale, which was priced at a 10.4% discount, comes four months after the Philippine casino operator fired its GGAM-appointed COO. Separately, a group of founders raises $75 million from the sale of shares in chain restaurant operator Tsui Wah.