Head into a Malaysian mall, and chances are that you’d see a Mr DIY shop. It’s pretty much become a staple in many of our malls. In July 2005, it was just a single hardware store along Jalan Tuanku Abdul Rahman. But by the end of the first year, it …
Read More »S’pore Startup Carousell Raises US$80M Funding Led By Naver – Now Valued At US$900M
South Korean tech giant, Naver, just led a US$ 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. …
Read More »How Three Billionaire Founders Built S’pore’s First Tech Unicorn – Now Valued At US$65B
Forbes recently unveiled its list of 2020 Forbes Singapore Rich List, which highlighted the top 50 richest in Singapore. One interesting finding is that all three of Sea’s co-founders are included in the list. Chairman and CEO Forrest Li added US$ 5.53 billion to his wealth and entered the ranks of …
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