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NEWS TAGGED SINGAPORE
Wednesday 3 November 2021
Singapore-based edtech Geniebook raises US$16.6 million
Geniebook, the largest online education provider in Singapore, has raised US$16.6 million in round A fundraising led by well-known angel investors and a few private investors including...
Monday 1 November 2021
Southeast Asia roundup: Indonesia wants to impose more bans on exporting raw resources
After banning exporting raw nickel to protect and promote local industries, Indonesian president Joko Widodo hinted that he will ban other exports of raw materials next year. The...
Thursday 28 October 2021
The rise of Southeast Asian unicorn companies
Unicorn companies in Southeast Asia have been growing rapidly. Not only have their valuations substantially grown, but unicorn companies in the region continue to emerge.
Thursday 28 October 2021
EdTech startups on the rise in Southeast Asia
EdTech startups become popular targets of investors as the COVID-19 pandemic induced school closures and forced students and teachers to take up remote learning around the world....
Tuesday 26 October 2021
UMC mulls new plant in Singapore
Pure-play foundry United Microelectronics (UMC) reportedly is mulling setting up a new 12-inch wafer fab in Singapore, according to market sources.
Thursday 21 October 2021
Indonesian and Singaporean startups most popular in SE Asia in 1H21
The number of deals in Southeast Asia tech startup scene in the first half of this year hit a record high, according to Cento Ventures, a Singaporean venture capital.
Wednesday 20 October 2021
Asia Venturing: Can Asia see the unicorn boom?
In a world where "money is cheap," unicorns, the companies with a valuation of more than $1 billion, are born in an accelerated mode during the COVID-19 pandemic era.
Friday 15 October 2021
Will foundry expansions lead to capacity glut?
Many IDMs and pure-play foundries, including second-tier ones, are all poised to expand their fab capacities sparking concerns that the arrival of the additional capacities could...
Thursday 14 October 2021
Top investment opportunities in Asia: Q&A with Christine Tsai CEO and founding partner at 500 Global
Having co-founded 500 Startups (later rebranded to 500 Global) in 2010, Christine Tsai (CT), CEO and founding partner of the company started out with a very different strategy from...
Wednesday 13 October 2021
UnaBiz raises over US$25 million in Series B round
UnaBiz, a Singapore-based Internet of Things (IoT) service provider, has raised over US$25 million in its Series B funding round led by SPARX Group. The round was oversubscribed,...
Friday 8 October 2021
Taiwanese companies triple investment in ASEAN
Taiwanese companies are investing in ASEAN more than in China this year. From January to August this year, investment in ASEAN countries has nearly tripled, compared to the same period...
Tuesday 5 October 2021
SE Asia startup Carousell becomes unicorn
Singapore's second-hand shopping site Carousell Group has raised US$100 million in the latest round of fundraising, led by South Korea-based private-equity firm STIC Investments.
Monday 4 October 2021
SPACs drive M&A deals in Asia, says UBS
Mergers and acquisitions (M&A) in Asian countries (excluding Japan) during the first half of 2021 reached the second highest in history with a 69.6% year-on-year increase in value...
Monday 27 September 2021
Southeast Asia roundup: Xiaomi top smartphone brand in Indonesia in 2Q21
Smartphone sales were strong in Indonesia in second-quarter 2021, with Xiaomi being the top selling brand. while Apple fans in Thailand will receive their new iPhones earlier than...
Wednesday 15 September 2021
Asia Venturing III: Advice for startups and SMEs on enabling innovations in traditional industries
The ever-changing business environment has urged companies to always stay agile to prepare for the unexpected. Innovation, then, becomes the main factor for companies in different...