funding

SunMoon’s largest shareholder Yiguo receives $407 mil investment from Alibaba

SINGAPORE (Aug 4): SunMoon Food Company says Tmall has invested US$300 million ($407 million) in China’s Shanghai Yiguo E-Commerce, the single largest indirect shareholder of SunMoon with a 51% stake.
SGInnovate’s CEO, Steve Leonard

In print this week

Does Singapore’s startup ecosystem make the cut for global funding?

SINGAPORE (June 23): Whether you are a corporate banker or a bootstrapping entrepreneur, it is impossible to avoid the 21st century spin on automation: Artificial Intelligence (AI).
RHL Venture Capital

Rich Gen-Y Asian kids pool family fortunes to build venture fund

SINGAPORE (Mar 6): One of Rachel Lau’s strongest childhood memories is the smell of newspaper. Her father, driving her to school each day in Kuala Lumpur, would make his sleepy daughter open the paper, go through stock quotes and do mental math.

Global fintech funding fell 47.2% in 2016, but here’s why it’s no cause for worry

SINGAPORE (Feb 23): Asian financial technology (fintech) investment hit a new high of US$8.6 billion ($12.2 billion) in 2016 even as total global funding fell 47.2% to US$24.7 billion, according to KPMG International’s latest quarterly report, The Pulse
Amit Jain

Uber aims to unseat Ola in US$10 bil India ride-hailing market

BANGALORE (Oct 10): Uber Technologies Inc unveiled its first-ever brand campaign in India last month with a video showing a tense Uber driver navigating gridlocked streets as he rushes to drop off a little girl to her school on exam day. In a Bollywood-
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