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Digital Economy

TDCX taps demand for digital services; NYSE listing to fuel further growth

"We have grown tremendously, by leaps and bounds."
Former Carousell, Airbnb, Fave execs launch e-commerce aggregator Rainforest with US$36 mil seed round - THE EDGE SINGAPORE

Company in the news

Former Carousell, Airbnb, Fave execs launch e-commerce aggregator Rainforest with US$36 mil seed round

Operational since January, Rainforest has acquired three brands to date in the home and personal care categories.

Travel

Holiday specials

Places you can safely visit, Airbnb offers a sleepover while Richard Branson is all spaced out

Startups, Entrepreneurs, Digital economy

Airbnb's China foe is said in talks to raise over US$200 mil

(Sept 28): One of Airbnb’s biggest Chinese rivals is in talks with Singapore’s sovereign wealth fund and other investors for more than US$200 million ($274 million) in new funding to take on the American home-sharing giant, according to people familia

In print this week

Airbnb up against regulatory hurdles as sharing economy sees challenges

SINGAPORE (Apr 16): On April 3, two former property agents were fined $60,000 each for short-term rentals they had posted on Airbnb. The two men had collected $19,000 from four listings at the d’Leedon condominium over five weeks last year. The action w

2 Airbnb hosts fined $80,000 each for illegal rentals

SINGAPORE (Feb 27): Two men were found guilty for running a business that provides unauthorised short-term stays for less than six months, the Singapore district court heard on Tuesday.

Two Singapore Airbnb hosts to plead guilty to illegal letting charges: lawyer

SINGAPORE (Jan 16): Two Airbnb hosts charged in Singapore with unauthorised short-term letting of four apartments are expected to plead guilty next month, their lawyer said on Tuesday.

IPO

3 reasons why US firms are taking longer to go public

SINGAPORE (Jan 9): It was an encouraging 2017 for the S&P 500, booking a full year of monthly total gains for the first time ever. But the elephant in the room still remains about the shrinking pool US companies going public.

Fintech

Thiel's Founders Fund has been quietly buying bitcoin since 2012

(Jan 3): Bitcoin has gained global fame in the past year, but it’s been popular at Peter Thiel’s venture firm since at least 2012.

In print this week

Banyan Tree takes asset-light path to profitability

SINGAPORE (Oct 13): Palm trees, soft white sand on endless beaches and blue seas on the west coast of Phuket conjure up images of the Banyan Tree brand and its luxury spas and mouthwatering Thai cuisine.
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