AMTD Digital announces that it has strategically invested in Forkast during its seed round financing.
Founded in 2018 by former Bloomberg News anchor Angie Lau, Forkast is a digital media platform headquartered in Hong Kong, which focuses on blockchain, cryptocurrency, and emerging technologies in the Asia-Pacific region.
Its mission is to help readers understand Asia’s role in this global story of technology innovation.
This transaction marks a significant step for AMTD Digital in driving investment and development in the digital media space.
The collaboration will create “significant synergies” due to the breadth of resources from AMTD’s SpiderNet ecosystem coupled with Forkast’s extensive coverage and experience in the digital media space on emerging technologies.
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Mr Calvin Choi, Chairman of AMTD Group and founder of AMTD Digital comments that AMTD Digital is “happy to establish long term partnership with Angie and Sarah in creating values and delivering world stories and analyses on emerging technologies.”
Additionally, to strengthen the collaboration between AMTD and Forkast, Lau has been appointed as a member of the AMTD Global Advisory Committee.
Her inclusion into the committee “[adds] more gender diversity to its member composition as well as [boosts] the advisory committee’s digital capability”, according to Dr. Annie Wu, SBS, JP, Co-Chairperson of AMTD Global Advisory Committee and Standing Committee Member of 10th, 11th, 12th CPPCC National Committee, Honorary Consulate of the United Republic of Tanzania in Hong Kong & Macau.
Before founding Forkast, Lau had spent four years anchoring Bloomberg TV’s flagship morning show “First Up with Angie Lau”. She is also a frequent speaker at technology, blockchain, innovation, financial markets, and media events.
As at 2.02pm, shares in AMTD International are trading flat at $12.50.