startups

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...

Discipline is the name of the game as startup valuations soar

A YEAR of shake-ups in the venture capital (VC) industry has spurred VC firms in South-east Asia to train a watchful eye on rapidly rising valuations.

No more 'burn, baby, burn': VCs expect more caution in 2020

THE South-east Asian startup party is far from over, but venture capital firms expect that the music may hit a note of caution, as investors emphasise business fundamentals over pure hype.

From Golden Dragon to RedDoorz  @  Geylang: One of Singapore's worst-rated hotels gets makeover

The former Golden Dragon Hotel, which has been rebranded as RedDoorz@ Geylang, now welcomes families and budget travellers with bright, clean rooms.

Consulting matchmaker VisasQ opens Singapore office

JAPANESE consulting matchmaker VisasQ has opened its first international office in Singapore, it said on Friday.

Public tech displaces private unicorns as market stars

[ATLANTA] For the past few years, investors have warned of a bubble in privately held tech companies: Valuations simply couldn't be justified based on comparisons with their publicly traded...

Everyone wants a piece of enterprise tech companies

[SAN FRANCISCO] With all eyes this week on the CES trade show in Las Vegas, famous for a mind-boggling array of personal gadgets, it's worth considering something counterintuitive: Venture...

WeWork's Adam Neumann in talks to boost investment in mortgage-servicing startup

[NEW YORK] WeWork co-founder Adam Neumann's family office is in discussions to put additional capital in Peach Street Inc, a startup focused on mortgage servicing.

New local start-up Tempest banging on mechanical keyboards

Necessity is the mother of invention, goes the old saying.

Supermarket retailer Carrefour buys lunch delivery startup Dejbox

[PARIS] French supermarket retailer Carrefour said on Monday that it had agreed to buy Dejbox, a startup dealing in delivering lunches to office workers.