Startups

Pricing unicorn secondaries a smoke-and-mirrors game

OPACITY is the name of the game in the private markets, and perhaps more so when it comes to unicorn secondaries. There is no standard price discovery mechanism for these deals, so buyers and...

S-E Asian unicorn secondaries sought amid IPO drought

FANCY a slice of super-app player Grab, but can't get into one of its blockbuster funding rounds? More investors are gaining access to South-east Asian unicorns via the growing market for their...

Why startups need to tread carefully with data

FEW of us question how our data is collected, with or without our consent. The reality is that every point of contact we have with the digital economy involves us handing over data about ourselves...

Singapore High Court dismisses cybersquatter's lawsuit against Grab unit

THE Singapore High Court has dismissed a lawsuit by management consultancy 3 Corporate Services (3CS) against Grabtaxi Holdings, a unit of Grab, over a dispute involving 3CS' attempt to sell an...

Indonesian coffee chain brews plan to expand in S-E Asia

Mr Edward Tirtanata was running a cafe selling artisanal tea blends in Jakarta when he spotted a bigger business opportunity in the coffee market: There was no good mid-priced coffee targeted at...

Fish farming group Barramundi Asia buying deep tech startup Allegro Aqua

SINGAPORE-BASED Barramundi Asia, which operates the largest barramundi farms in Singapore and Australia, is acquiring deep tech startup Allegro Aqua as it hones in on the study of fish genetics to...

Grab's rewards revamp trades points for sustainability

GRAB'S rationalisation of its rewards programme is unsurprising with the launch of the GrabPay Card, but may also reflect the SoftBank-backed firm's efforts to key an eye on costs amid a push for...

Grab offers Chubb travel insurance on its app

SINGAPORE users of Grab can now buy insurer Chubb's travel insurance product on the ride-hailing

WeWork to continue expansion in Singapore, very profitable despite global layoffs

Co-working space operator WeWork has been dogged by cash flow problems and was forced to lay off about a fifth of its workforce last year, but it remains in robust health in this region, it seems...

Singapore's Golden Equator expands to Brunei

FINTECH, consultancy and fund management company Golden Equator Group on Monday announced its foray into Brunei, following the S$24.6 million strategic investment it received in April last year...