South Korean tech giant, Naver, just led a US$ 80 million (S$ 108 million) investment round into Carousell, the online marketplace startup announced in a press release earlier today (15 Sep). Mirae Asset-Naver Asia Growth Fund and NH Investment & Securities are the two other investors included in the consortium. …
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Singapore is possibly in the height of its recession, with the economy contracting by 13.2 per cent year on year in the second quarter. The unemployment rate is also at a 10-year high, and it seems like many Singaporeans — both fresh graduates and mid-career — are scrambling for jobs. …
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Singapore-based fintech startup GoBear announced yesterday (1 September) that it would be retrenching 22 employees due to the Covid-19 pandemic. This makes up 11 per cent of GoBear’s total workforce of 200 employees. The affected employees are from GoBear’s operations, product and technology teams. Out of the 22 employees, six …
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Author’s Blurb: I like to think that I’m usually a prepared person whenever I go out. I always ensure that I have the necessities like tissues, wet tissues, some medicine, and hand sanitiser. But there will be times when I tend to leave out one small thing, or run out …
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Launched in early 2020, Singapore-based startup Doyobi is raising the next generation of change-makers. The edtech just announced a US$ 1 million (S$ 1.37 million) funding round led by 500 Startups and Xoogler Angels. Under Doyobi’s courses, children are taught science and coding fundamentals. Depending on their age group, kids …
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The coworking concept has really expanded beyond hot desks in themed spaces for urbanites with a laptop and work to do. Just recently, we wrote about how there’s now a co-sharing hair salon in Malaysia for beauty entrepreneurs, and now, we’re writing about a co-farming space. Fefifo Malaysia Sdn Bhd …
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Instead of walking home, you might be able to shuttle to your HDB block in an electric car by 2021. Singapore startup QIQ Global unveiled today (12 August) its plans to launch electric microcars for rent. Called the QIQ Pods, they are only 2.4 metres long and 1 metre wide. …
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Cybersecurity startup Elisity today emerged from stealth with $ 7.5 million in seed funding from Atlantic Bridge Associates. The company, whose founding team includes veterans of Cisco, Qualys, and Viptela, says its immediate focus is scaling up engineering, sales, and marketing teams ahead of its platform’s public launch. According to …
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Calls for cost-effective agritech solutions are growing in Southeast Asia. In a report released by PwC, Rabobank and Temasek, it stated that the agriculture industry may be unable to keep up with Asia’s rapid urbanisation. At the same time, global warming and a worldwide pandemic has increased food insecurity. Singapore, …
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