investment

Tokyo Century boosts total investment in Grab to $238m

Japanese financial services company Tokyo Century has made an additional undisclosed investment in Grab, as well as a capital injection in its car rental arm Grab Rentals, taking its cumulative...

Singapore capitalising on growing fintech remittance industry

New high-tech players with their low fees and virtually instant mobile transactions are shaping up as one of the most disruptive forces in the financial industry.

Aquaculture tech start-up Umitron snags US$2m funding for Peru project

SINGAPORE - Aquaculture tech start-up Umitron, together with its Peru partner Abaco and its subsidiary Piscis, has been approved for a US$2 million (S$2.74 million) project funding to improve...

SoftBank investing another $4.2b in WeWork

NEW YORK • Co-working office company WeWork has expanded rapidly over its eight-year lifespan, due in part to huge investments from Japan's SoftBank.

SoftBank invests another US$3b in co-working giant WeWork

NEW YORK (NYTIMES) - WeWork, the co-working office company, has expanded rapidly over its eight-year life span, thanks in part to huge investments from SoftBank of Japan. On Tuesday (Nov 13), it...

Grab gets another investment from Hyundai of $343m

SEOUL (REUTERS) - Hyundai Motor Co has raised its stakes in growing South-east Asian markets with a US$250 million investment in Singapore's Grab, its second in the ride-hailing firm, as it chases...

PropertyGuru snags $200m funding from private equity giant KKR

PropertyGuru has pulled in $200 million from KKR & Co, raising funds for the first time in three years as South-east Asia's largest real estate portal prepares to delve into new business areas...

SoftBank in talks to buy majority stake in loss-making WeWork for up to US$20b: Report

SAN FRANCISCO (REUTERS) - Japan's SoftBank Group Corp is in discussions to buy a majority stake in US shared office space provider WeWork Cos, a source said, potentially doubling down on one of...

Microsoft investing in Grab as part of tech tie-up

Microsoft will invest an unspecified amount in Grab as the ride-hailing giant adopts the US company's Azure as its preferred platform for cloud services.

Singapore-based Transcelestial raises S$2.5m in seed funding to deliver space laser network

SINGAPORE - Transcelestial Technologies, a Singapore-based space technology start-up, said on Friday (Sept 21) that it raised $2.5 million in December from a seed funding round led by Wavemaker...