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Startups, Entrepreneurs, Digital economy
SoftBank forecasts record losses as start-up bets backfire
“This is looking more and more like the perfect storm for SoftBank...The question is whether there is more to come.”
April 14, 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
Startups, Entrepreneurs, Digital economy
Dear Alibaba, thank you for the US$10 tril gift
(Dec 2): Has the golden age of asset management finally arrived in Asia? For years, Asia’s hottest unicorns left their homelands to list in New York for one simple reason: a deep pool of US money. And they have been rewarded. From Alibaba Group Holding
November 29, 2019
Startups, Entrepreneurs, Digital economy
Recommend aims for permanent integration of offerings with Grab; on 'clear path' towards profitability
SINGAPORE (May 13): If there is one thing that internet and app-oriented start-ups track closely regardless of the industry they operate in, it is the conversion rate. This metric measures how much user traffic is translated into a desired action, for ins
May 13, 2019
Startups, Entrepreneurs, Digital economy
Cash party almost over for unicorns such as Uber
SINGAPORE (Apr 22): Uber Technologies’ coming IPO is a moment to reflect on the oodles of investment cash that have resulted in a herd of “unicorns”, the awful but convenient shorthand for tech companies that reach valuations of at least US$1 billio
April 22, 2019
Startups, Entrepreneurs, Digital economy
Co-living startup Hmlet forays into Australian market with Sydney expansion
SINGAPORE (Feb 26): Hmlet, a co-living rental startup based in Singapore, has announced its expansion to Australia with the March 2019 launch of two co-living properties in the inner city suburbs of Newtown and Marrickville in Sydney.
February 26, 2019
In print this week
This tech start-up is aiming for the stars
SINGAPORE (Feb 22): Adam Gilmour had been a banker for more than 20 years when he left his job in 2012 to realise his boyhood dream of developing space technology, especially rockets.
February 22, 2019
Disruption and Digitalisation
OCBC Bank launches one-stop digital business dashboard for SME customers
SINGAPORE (Jan 14): Oversea-Chinese Banking Corporation (OCBC) has officially launched a digital business dashboard to provide its small-medium enterprise (SME) banking customers access to a number of popular digital apps, such as Facebook and MailChimp,
January 14, 2019
In print this week
How immersive technology could drive the future of healthcare
SINGAPORE (Jan 11): Immersive technology is increasingly being deployed in various fields other than electronic games and entertainment.
January 11, 2019
Fintech
DBS announces launch of digitisation-focused portal for local SMEs
SINGAPORE (Jan 9): DBS Bank today launched DBS SME Connect, an online portal that provides small and medium enterprises (SMEs) “get digital, connected, and protected fast” with the provision of access to web-based business tools and services such as a
January 09, 2019