investment

What's good and bad about using robo-advisers?

Robo-advisers, or platforms offering financial advice based on computer algorithms with little or no human intervention, have been in the Singapore market for about three years now, with new ones...

Thai fashion start-up Pomelo raises $72m to add stores in Asia

BANGKOK • Fashion e-commerce start-up Pomelo has raised US$52 million (S$72 million) in fresh funding from a group of investors, including top Thai retailer Central Group and Skype co-founders,...

Amazon in talks for stake in Indonesia's ride-hailing start-up Gojek: Source

NEW YORK (REUTERS) - Amazon.com Inc is in early talks with Gojek Group to buy a stake in the Indonesian ride-hailing startup, a source familiar with the matter told Reuters on Wednesday (Aug 28...

Singapore attracts more investments despite economic slowdown

Strong economic headwinds and the US-China trade tensions have not stopped Singapore from attracting an unexpectedly large amount of investment commitments.

HR start-up StaffAny founded by NUS grads raises $1m in seed funding

SINGAPORE - Home-grown human resource (HR) start-up StaffAny has raised a $1 million seed round led by technology investment company FreakOut Holdings and angel investors.

S'pore takes up 25% of $8.3b invested in region's tech firms

Singapore accounted for a quarter of the US$5.99 billion (S$8.3 billion) invested in the region's tech firms in the first half of this year, up from 13 per cent for the whole of last year, a...

Trax gets US$100m funding to become Singapore's second unicorn after Grab

SINGAPORE (REUTERS) - Image recognition technology firm Trax, a start-up that is backed by US private equity giant Warburg Pincus and counts Heineken and Nestle among its clients, said it has...

Companies will do well if they can tap millennial concerns: DBS

SINGAPORE - Eco-friendly businesses should take heed of the concerns of millennials as people in this age bracket will have significantly increased spending power in coming decades, said DBS Bank...

ST Podcast: How to start investing with just $100 a month in your 20s

In this podcast series every Monday, The Straits Times and The Business Times break down actionable financial tips.

Singapore-based start-up Trax raising US$100m to value company at US$1.1b, only behind Grab

SINGAPORE (BLOOMBERG) - Trax, a Singapore-based start-up serving the retail industry, is finalizing a deal to raise US$100 million (S$137.45 million) at a pre-money valuation of about US$1.1...