Gaming hardware maker Razer, which went public in a big IPO in Hong Kong last year, is doubling down on payments after it announced a deal to acquire MOL, a company that offers online and offline payments in Southeast Asia. Razer made an initial $20 million investment in MOL last June to supercharge its zGold virtual […]
View More Razer doubles down on Southeast Asia and payments with acquisition of MOLCategory: Singapore
This robot can build your Ikea furniture
There are two kinds of people in the world: those who hate building Ikea furniture and madmen. Now, thanks to Ikeabot, the madmen can be replaced. Ikeabot is a project built at Control Robotics Intelligence (CRI) group at NTU in Singapore. The team began by teaching robots to insert pins and manipulate Ikea parts and […]
View More This robot can build your Ikea furnitureFunding Societies, a Southeast Asian lending platform, gets $25M Series B led by Softbank Ventures Korea
Funding Societies, a peer-to-peer lending platform in Southeast Asia, said today that it has raised a $25 million Series B led by Softbank Ventures Korea, the Japanese tech conglomerate’s early-stage venture capital unit. The round included returning investors Sequoia India, which led the Singapore-based startup’s Series A two years ago, Golden Gate Ventures and Alpha […]
View More Funding Societies, a Southeast Asian lending platform, gets $25M Series B led by Softbank Ventures KoreaSingapore orders Grab to delay closing Uber app for an additional 3 weeks
Grab’s plan to shutter Uber’s app quickly following its merger deal in Southeast Asia has hit another snag in Singapore where the ride-hailing firm has been forced to delay closing its rival’s service until May 7. This is the second time that Grab has pushed back the removal of Uber’s app in Singapore, which was initially […]
View More Singapore orders Grab to delay closing Uber app for an additional 3 weeksWeWork confirms deal to buy Naked Hub, one of its main competitors in China
WeWork is buying up one of its largest competitors in China after it announced a deal to acquire Naked Hub. The deal was widely reported by Chinese media yesterday, but WeWork has now confirmed it through a blog post from its CEO Adam Neumann. Terms of the transaction are not disclosed but Bloomberg reported that it […]
View More WeWork confirms deal to buy Naked Hub, one of its main competitors in ChinaSingapore issues first fines to Airbnb hosts for violating rental laws
Singapore has fined two Airbnb hosts who broke the country’s rules on apartment rentals. In a first for the country, two men were fined SG$60,000 (US$45,800) each for unauthorized lettings at four apartments using the U.S.-based rental platform, Reuters reports. Singapore’s law prevents public housing rentals that are under six months — or three months in […]
View More Singapore issues first fines to Airbnb hosts for violating rental lawsUnder 21 in Singapore? You can’t see ‘Love, Simon’ in cinemas
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Love, Simon won’t be seen in cinemas by anyone under 21 in Singapore.
Greg Berlanti’s delightful gay teen rom-com has been rated R21 by the country’s Info-communications Media Development Authority (IMDA), meaning unless you’re over 21, you can’t see it in a theater.
Dubbed a triumphantly relatable tale for members of the LGBTQ communities, Love, Simon follows the story of teenager Simon Spier, who comes out in high school to his family and friends.
The IMDA delivered the R21 rating with an advisory of “Homosexual Theme.” For context, there is no legal protection against LGBTQ discrimination in Singapore, in fact, it is considered against the law in the country for two men to “commit” what the Penal Code viciously calls “gross indecency” — the maximum penalty is two years in prison. Read more…
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View More Under 21 in Singapore? You can’t see ‘Love, Simon’ in cinemasSingapore says Uber-Grab deal may violate competition laws
Uber’s exit from Southeast Asia is under scrutiny from regulators in Singapore who believe that Grab’s purchase of the U.S. firm’s business in the region may violates competition laws. Singapore-based Grab, Uber’s chief rival in the region, announced the acquisition of Uber’s Southeast Asian business on Monday. In return, Uber is taking 27.5 percent of the Grab […]
View More Singapore says Uber-Grab deal may violate competition lawsCardUp raises $1.7M to help small businesses get more out of their credit cards
CardUp, a Singapore-based startup that enables users to make large, recurring payments by credit card even to recipients that don’t accept cards, has raised $2.2 million SGD (about $1.7 million) led by Sequoia India and SeedPlus. This is CardUp’s first institutional investment round and will be used to expand its business serving small- to medium-sized […]
View More CardUp raises $1.7M to help small businesses get more out of their credit cardsUber has agreed to sell its Southeast Asia business to rival Grab
After weeks of speculation, Uber has concluded a deal that will see it sell its business in Southeast Asia to local rival Grab . The company plans to announce the agreement this coming week and potentially as soon as Monday, two sources have confirmed to TechCrunch. Full details of the arrangement aren’t fully clear at this point, […]
View More Uber has agreed to sell its Southeast Asia business to rival GrabEverledger’s Kemp and Omise’s Hasegawa join TC Blockchain
Blockchain technology and the decentralizing effects of distributed ledgers have enormous amounts of potential and may mean the Internet will never be the same again. The fact that one could eventually run vast applications without any servers is equally transformational. But it’s still very much a wild west out there in terms of ascertaining who […]
View More Everledger’s Kemp and Omise’s Hasegawa join TC BlockchainCleaning this roof is an absolute nightmare—but at least it looks cool
The Esplanade Theatre in Singapore features a one-of-a-kind roof design, with thousands of triangulated glass elements and sunshades. Unfortunately, the designers didn’t really think through the cleaning process… which takes about two months and has…
View More Cleaning this roof is an absolute nightmare—but at least it looks cool