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 Am

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.

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.


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.


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 cu

Village Residence Hougang SR by Far East Hospitality Trust

Broker's Calls

Hospitality REITs to face increased competition from private residences offering short-term rental

SINGAPORE (July 4): OCBC continues to remain “neutral” on Singapore’s hospitality sector given the recent compression in yields, while highlighting OUE Hospitality Trust (OUEHT) as


Startups • Entrepreneurs • Digital economy

Airbnb valued at US$31 bil in new funding round

SAN FRANCISCO (March 10): Airbnb raised more than a billion dollars in a fresh funding round that valued the home-sharing startup at US$31 billion ($44 billion), a source close to the com

Singapore rattles sharing economy with rule change

SINGAPORE (Feb 23): Singapore, a keen early adopter of the sharing economy, has fired a warning shot across the bow of Airbnb and Uber with tighter rules that could shake up their business models a

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