Startup

M&A

China's Meituan said to acquire Mobike for US$3 bil

(Apr 4): Meituan Dianping, the Chinese food review and delivery giant, is close to acquiring Mobike in a deal that will value the three-year-old bike-sharing startup at about US$3 billion ($3.9 billion), according to people familiar with the matter.

Startups, Entrepreneurs, Digital economy

This vegetable-selling startup's just been valued at $3.7 billion

(Jan 12): Meicai, a China startup that helps farmers sell vegetables to restaurants, has raised US$450 million ($598 million) in a funding round led by Tiger Global Management and China Media Capital, according to people familiar with the matter.

Spackman invests $306,000 in Korean film production startup

SINGAPORE (Nov 16): Spackman Entertainment Group says that it has invested KRW250 million ($306,000) in the seed financing round for The Makers Studio, a Korean film production startup.

This Japanese startup now lets anyone hold a personal IPO

(Sept 21): Nuko Numano is a cosplayer in Japan who regularly hosts livestreams for her fans, but only to a select few who own five of her shares priced at US$38 ($51) apiece. That seems like a bargain, considering they were trading for as much as US$585 i

Tech

3 tech trends to change SME growth in 2017 and beyond

SINGAPORE (March 24): Using technology creatively to manage the business back-end can enable even the smallest start-ups to compete on the regional and even the global stage.
NTU's Assistant Professor Chen Shoushun shows his invention, Celex: an ultrafast, high-contrast camera

NTU invents ultrafast camera for autonomous vehicles

SINGAPORE (Feb 16): Scientists from Nanyang Technological University (NTU) have developed an ultrafast high-contrast camera that could help autonomous vehicles and drones “see” better in extreme road conditions and bad weather.

Singapore plans to ease VC rules to promote startup financing

SINGAPORE (Feb 15): Singapore is proposing to ease regulations for venture capital managers in a bid to promote financing for startup development.
The Red Marker

Local co-working startup Spacemob announces $7.9 mil in seed funding

SINGAPORE (Nov 23): Spacemob, a co-working startup based in Singapore, today announced the closing of a record US$5.5 million ($7.85 million) seed funding round.
  •  
×