Welcome!
Grab
Startups, Entrepreneurs, Digital economy
Student-led Protege Ventures grooms future VC, start-up recruits
Protégé Ventures has been a breeding ground for new recruits to be fed into the growing VC and start-up ecosystem.
October 02, 2020
Startups, Entrepreneurs, Digital economy
Where will ride-hailing apps drive towards in a post-Covid-19 world?
Where will ride-hailing apps drive towards in a post-Covid-19 world?
June 26, 2020
Broker's Calls
Singpost dragged by postal backlog but elections may provide a temporary reprieve
Singpost has been hit by Covid-19, but the upcoming General Elections could provide a temporary reprieve through the mailing of election documents.
June 23, 2020
Covid-19
Grab axes 360 employees in latest cost cutting measure, says this will be 'last organization-wide layoff' for the year
In a letter to employees on Tuesday morning, Grab CEO Anthony Tan said that it has become clear that the pandemic will likely result in a prolonged recession, and Grab has to brace for what may be a long recovery period.
June 16, 2020
Startups, Entrepreneurs, Digital economy
Ninja Van raises $395.4 mil from investors including Grab and Facebook co-founder's B Capital Group
Ninja Van has raised US$279 million (S$395.4 million) from investors including Facebook co-founder Eduardo Saverin's B Capital Group and ride-hailing giant Grab, one of the few startups to score new funding since Covid-19 chilled deal activity.
May 05, 2020
In print this week
SGX's first DCS listing is a letdown
SINGAPORE (April 17): When the dual-class shares (DCS) structure for Singapore-listed companies was first mooted in 2016, the proposal generated quite a buzz. This came at a time when the Singapore Exchange (SGX), itself suffering from a dearth of major I
April 17, 2020
Fintech
Singapore third country in the world to launch Google Pay
After the US and India, Singapore is the third country in the world to launch Google Pay following a tie up between the tech giant and local banks.
April 14, 2020
M&A
Ride-hailing giant Gojek raises US$1.2 bil for clash with Grab
Gojek and Grab are competing well beyond ride-hailing in Southeast Asia, including in meal deliveries. Both aim to become consumers’ default, all-purpose app.
March 17, 2020
Startups, Entrepreneurs, Digital economy
Grab, IMDA to pilot accelerator programme to help start-ups venture overseas
The pilot of Grab Ventures Ignite (GVI) will focus on high potential start-ups with an aspiration to launch in the Vietnamese market.
March 17, 2020
Company in the news
Masayoshi Son's travel to Jakarta sets tongues wagging on potential Grab and Gojek tie-up
SINGAPORE (March 9): Grab and Gojek could be heading towards some sort of alliance or even a merger, as their backers face pressure to justify the valuations of loss-making tech companies.
March 09, 2020