Startups

Shot in the arm for digital health services

Seeing a doctor has taken on a whole new meaning amid the pandemic with plenty of patients keen to keep a distance, which is where digital health app Speedoc comes in.

One Championship loss deepens to S$129.5m in 2019 on marketing cost surge

MIXED Martial Arts (MMA) promoter One Championship may face a tough road ahead, as recent regulatory filings made publicly available indicate a high cash burn and deep losses incurred in 2019,...

Grab closes upsized US$2b term loan facility

SOUTH-EAST Asian ride-hailing giant Grab Holdings announced on Monday that it has closed a US$2 billion loan facility, up from the original US$750 million.

MAS, CAD launch investigation into CoAssets Group for possible offences under Penal Code, SFA

THE Monetary Authority of Singapore (MAS) and the Commercial Affairs Department have launched a joint investigation into various companies under the beleaguered CoAssets Group for possible...

Merger talks between Grab and Gojek off the table

AFTER lengthy negotiations, the proposed merger between two of South-east Asia's decacorns is said to be off the table, sources in Jakarta told The Business Times.

Patrick Grove's Catcha files to raise US$250m for blank-cheque firm

SINGAPORE-BASED Catcha Group has filed to raise US$250 million for a special purpose acquisition company (SPAC), saying the vehicle would target technology companies in South-east Asia and...

Start-up looks to help smaller commercial facilities reduce energy consumption

Mr Jason Tang was troubled that commercial facilities left their machines running even when they were not required.

Crescent Cove Advisors launching special purpose acquisition company to target S-E Asian tech firms

SAN FRANCISCO-based tech investment firm Crescent Cove Advisors, founded by Singaporean Heng Jun Hong, has filed confidentially to launch a special purpose acquisition company (SPAC) targeting...

Asean fintechs may list in US market on dual-listing track

SOME Asean fintechs may look to soon list in both their home markets and the US, riding on the demand for growth stocks from this part of the world, said a top Citi banker.

Singapore's Sea plans to buy another small lender in Indonesia

Singapore technology start-up Sea is planning to buy another small bank in Indonesia, after news broke last week that it has acquired Bank Kesejahteraan Ekonomi, a small institution founded by...