Earlier in January, Singapore financial services startup GoBear suddenly announced that it is ceasing operations. It cited the failure to raise additional funds from existing or new investors as the primary reason for closure, adding that the COVID-19 pandemic made the operating and fundraising environment “very challenging”. Other factors included a …
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Game engine maker Unity has acquired RestAR, a Tel Aviv-based computer vision and deep learning company that enables fashion brands, online retailers, and marketers to scan and render physical consumer products in high-quality 3D, using only a mobile device. This acquisition is coming on the heels of the launch of …
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Perennial Real Estate announced today (December 4) that it has acquired the Big Box shopping mall in Jurong East for S$ 118 million. This acquisition deal is expected to complete by mid-February 2021. In a media statement, Perennial said that it has obtained JTC Corporation’s approval for the site to …
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Through an undisclosed sum comprising cash and shares, Malaysian online restaurant reservation startup TABLEAPP has just been acquired by Taiwanese on-demand lifestyle booking app FunNow. While operating within similar markets, the two apps themselves operate rather differently, but this acquisition will allow them to leverage on each other’s offerings. We …
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Author’s Blurb: When thinking about sonic or electric toothbrushes, I would just brush off the idea seeing as it is more of a luxury in oral hygiene than a necessity. On top of that, making a run to the store every few months just to change heads is much more …
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Juris Technologies (JurisTech), a Malaysian fintech company has announced its acquisition of iMoney, another Malaysian fintech company. It’s clear that as the world heads towards digital banking, banking is no longer just a transactional business, co-founder and CEO of JurisTech, See Wai Hun said. Now consumers want an end-to-end experience, …
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