Startups

Bike-sharing firms seek ways to stay afloat

Each morning, Ms He Xiaoyuan rides a shared electric scooter to the train station, hops on the train for three stops, before riding a shared bicycle to her workplace.

The Eco-Preneurs

Arthur Huang is a magician, but not the type to pull a rabbit out of a hat. What he does is take discarded footwear and apparel and turns them into a recycled material composite to fit out store...

Beauty and lifestyle portal Clozette secures US$10m from Cool Japan Fund

SINGAPORE - Singapore-based beauty and lifestyle media firm Clozette has raised US$10 million (S$13.5 million) in Series C funding from Cool Japan Fund, a public-private fund under Japan's...

AirTrunk raises S$450m to build Singapore data centre

DATA centre startup AirTrunk has raised S$450 million in debt and equity to help build its first Singapore facility as part of a multi-billion dollar plan to become a regional technology...

ShopBack secures US$45m in funding round co-led by Rakuten

SINGAPORE - Homegrown cashback platform ShopBack has raised US$45 million (S$60.9 million) in its latest funding round, with new investors including co-leads Rakuten Capital and EV Growth, as well...

Secretlab scores deal with English football star Dele Alli

Singapore gaming chair company Secretlab has scored an eye-catching endorsement deal with England international football star Dele Alli.

Grab targets US$2 billion more in funding this year

GRAB aims to raise another US$2 billion this year as it ramps up expansion, its chief executive said, just weeks after announcing over US$4.5 billion of funding in what has become South-east Asia'...

Grab eyes additional US$2b funding this year: CEO

[SINGAPORE] Grab expects to raise another US$2 billion from strategic investors this year, the CEO of South-east Asia's biggest ride-hailing firm said, just weeks after it announced funding of...

Ripple aims to make a splash in Asia with expansion of Singapore office

AS MORE banks come aboard the blockchain wagon, US-headquartered startup Ripple is expanding its Asia-Pacific headquarters in Singapore to be more responsive to the needs of its regional customers...

Information and communications tech: Start-up sets AI on smart tourism sector

A Singapore-based tech start-up is making a bid to take on Chinese giants Alibaba and Tencent in the smart tourism industry.