Startups • Entrepreneurs • Digital economy

Ninja Van raises $395.4 mil from investors including Grab and Facebook co-founder's B Capital Group

(May 5): Singapore’s Ninja Van has raised US$279 million (S$395.4 million) from backers including France’s GeoPost SA and ride-hailing giant Grab Holdings Inc., scoring one of Southeast Asia’s larg

In print this week

SGX's first DCS listing is a letdown

SINGAPORE (April 17): When the dual-class shares (DCS) structure for Singapore-listed companies was first mooted in 2016, the proposal generated quite a buzz.


Singapore third country in the world to launch Google Pay

SINGAPORE (Apr 14): Singapore became the third country in the world to adopt Google Pay after the US and India, with the US tech giant partnering local banks to integrate its peer-to-peer (P2P) fun


Ride-hailing giant Gojek raises US$1.2 bil for clash with Grab

SINGAPORE (Mar 17): Southeast Asian ride-hailing giant Gojek has raised US$1.2 billion ($1.7 billion) for expansion, defying tech-sector turbulence and the coronavirus pandemic to secure funds to t

Startups • Entrepreneurs • Digital economy

Grab, IMDA to pilot accelerator programme to help start-ups venture overseas

SINGAPORE (Mar 17): Ride hailing app Grab is partnering with the Infocomm Media Development Authority (IMDA) to pilot a 14-week accelerator programme for Singapore-based start-ups that are looking

Company in the news

Masayoshi Son's travel to Jakarta sets tongues wagging on potential Grab and Gojek tie-up

SINGAPORE (March 9): Grab and Gojek could be heading towards some sort of alliance or even a merger, as their backers face pressure to justify the valuations of loss-making tech companies.

Grab raises US$850 mil to expand into financial services

SINGAPORE (Feb 25): Grab, Southeast Asia’s most valuable startup, raised more than US$850 million ($1.2 billion) from Japan’s Mitsubishi UFJ Financial Group Inc and TIS Inc to bankroll its expansio

Disruption and Digitalisation

Interest in digital bank licences high; applicants see opportunity as local banks extend their lead

SINGAPORE (Jan 10): On Jan 7, the Monetary Authority of Singapore (MAS) announced that it had received seven applications for the two digital full bank (DFB) licences on offer, and 14 applications

Disruption and Digitalisation

Grab, Singtel eye Singapore's under-banked for digital venture

SINGAPORE (Dec 31): The large number of Singaporeans still without good access to financial services will be key to creating a successful digital bank in the country, according to executives from G

Disruption and Digitalisation

Can Singapore's digital bank wannabes prove they can make money?

(Dec 18): Grab Holdings and gaming company Razer will need to demonstrate how their millions of users can help them generate profits if the two technology firms are to win one of Singapore’s covete

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