VCI Global Has Signed An Agreement To Invest Up To $30M In TalkingData Group Holding Limited
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VCI Global Limited (NASDAQ:VCIG) has signed an agreement to invest up to $30 million in TalkingData Group Holding Limited, a major provider of big data analytics and AI-powered solutions. This investment will make VCIG a substantial shareholder in TalkingData and grant it exclusive rights to TalkingData's data AI products and services in Southeast Asia.
June 24, 2024 | 12:30 pm
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VCI Global Limited (NASDAQ:VCIG) has signed an agreement to invest up to $30 million in TalkingData Group Holding Limited. This investment will make VCIG a substantial shareholder in TalkingData and grant it exclusive rights to TalkingData's data AI products and services in Southeast Asia.
The investment of up to $30 million in TalkingData positions VCIG as a substantial shareholder and grants it exclusive rights to AI products in a rapidly growing market. This strategic move is likely to enhance VCIG's market position and growth prospects in the data analytics sector.
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