Startups

Ex-GIC heavyweights bring heft to tech startups

SINGAPORE-BASED tech startups the likes of Razer and Grab are increasingly tapping GIC heavyweights to help steer their strategies forward.

Grab in talks to merge Indonesian payment firms to overtake Gojek: sources

[JAKARTA] SoftBank-backed ride hailer Grab is in talks to merge OVO, an Indonesian digital payments firm in which it owns shares, with an Ant Financial-backed local peer to build heft and power...

WeWork presses on with IPO, pushing SoftBank into a corner

[TOKYO] Office-sharing startup WeWork is pressing ahead with plans to go public despite lukewarm interest in its shares, three sources said, leaving its largest investor, SoftBank Group, with a...

SoftBank urges WeWork to shelve IPO over valuation concerns: FT

SOFTBANK Group, a leading shareholder in the holding company of US office-sharing startup WeWork, has urged it to shelve a planned IPO on concerns over the valuation, the Financial Times reported...

SoftBank pushes WeWork to postpone its contentious IPO

SAN FRANCISCO (BLOOMBERG) - Executives of WeWork and its largest investor, SoftBank, are discussing whether to shelve plans for an initial public offering (IPO) of the money-losing co-working...

GTRIIP app makes hotel check-ins a breeze for guests

A DIGITAL identity platform for global citizens. That is how Maxim Tint, the founder and CEO of GTRIIP, describes his product.

Killiney leads $1.7m seed funding for food tech start-up

Food tech start-up Hoow Foods has raised $1.7 million in seed funding led by local food and beverage heritage brand Killiney Group, it said yesterday.

Tech investor Naspers prepares to list global empire

[BRUSSELS] When Naspers Ltd's Latin America chief cold-called Alec Oxenford in 2010, he got straight to the point: He wanted to buy a majority stake of the Argentinian entrepreneur's online...

WeWork dents the case for private markets

[NEW YORK] Private beats public, according to many entrepreneurs. Abundant money from sovereign wealth funds, venture capitalists, private equity firms and even traditional equity investors has...