Last week, Shopee’s parent company, Sea Limited announced that it will be hiring 500 Singaporeans in a partnership with IMDA. In the same week, sources revealed that Amazon might be taking over a portion of Citigroup’s office space here as the latter looks to cut back on its office space …
Read More »S’pore’s 3rd Richest Man’s Firm Secures $16.7B Deal, Acquires Majority Stake In Nippon Paint
Nippon Paint Holdings, the world’s fourth largest paint manufacturer, has struck a S$ 16.7 billion deal with Goh Cheng Liang’s Wuthelam Holdings in a bid to build the largest paints and coatings company in Asia. Wuthelam will be buying majority stakes in Nippon Paint, which will use the capital to …
Read More »S’pore Relocation Startup Moovaz Acquires Homegrown Van Hailing Firm GetVan
Relocation-tech platform Moovaz announced today (21 September) that it has acquired van-hailing startup GetVan. Following the acquisition, GetVan founder and CEO James Neo will be joining Moovaz as its Head of Supply Chain Operations. Additionally, the acquisition allows Moovaz to bolster its end-to-end relocation ecosystem with GetVan’s technological offering and …
Read More »Coronavirus Live Updates: Firm Overseeing Federal Database Refuses Senators’ Questions
Here’s what you need to know: The manager of the Trump administration’s new virus database refuses Senate questioning, citing a nondisclosure agreement. If you recover from the virus, you may be protected for at least three months, the C.D.C. says. Clinical trials for potential virus treatments are taking longer than …
Read More »Zynga is acquiring hypercasual mobile game firm Rollic for at least $168 million
GamesBeat Summit Watch every session from the annual event On Demand Watch Now Zynga has agreed to buy Istanbul-based Rollic, a fast-growing hypercasual mobile game company, as part of its latest effort to expand through acquisition. The San Francisco-based Zynga will pay $ 168 million for 80% of Rollic, whose …
Read More »A US$1Trn Industry: How S’pore Firm TiffinLabs Plans To Open 1,000 Cloud Kitchens Globally
Founded by Singaporean billionaire R. K. Kishin, virtual F&B brand TiffinLabs is expanding to 1,000 cloud kitchens worldwide. The kitchens can serve over 15 million households in its delivery zones. TiffinLab’s four co-founders — R. K. Kishin, Shaun Smithson, Sam Ahmed and Phuminant Tantiprasongchai (Nant) — all left their leading …
Read More »Use this framework to define how your firm addresses equal opportunity
VB Transform Watch every session from the AI event of the year On-Demand Watch Now Over the past couple of months, systemic issues of racial injustice have elevated to a deserved level of priority in society broadly, and within the VC industry as well. As a Black man in America, …
Read More »Gold Rush: This S’pore Firm Launched An App That Lets You Trade Gold With A Small Budget
For centuries now, since the invention of money, gold has been an investors’ safe haven asset. Prized as a valuable commodity throughout human history, investors tend to move their funds into gold assets during periods of uncertainty, leading to price hikes. As a result, the price of gold is inversely …
Read More »This S’pore Events Tech Firm Created A Wristband That Tracks Temperature And Makes Payment
PouchNATION launched PouchPASS — a temperature-taking device — on June 24, marking its first foray into the health industry. This Singaporean-based company is an event solutions provider that develops solutions for the events industry, such as NFC-based systems, RFID enabled cashless payments, geolocation, ticketing, POS development and more. PouchPASS: How …
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