Uber is shutting down its Asia-Pacific hub in Singapore as it winds down 45 offices globally and lays off 3,000 more employees in a business resizing exercise. “Over the next 12 months, we will begin the process of winding down our Singapore office and moving to a new APAC hub in a market where we
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Singapore’s Ninja Van has raised $279 million from investors including France’s GeoPost SA and ride-hailing giant Grab, one of the few startups to score new funding since Covid-19 chilled deal activity. Facebook co-founder Eduardo Saverin’s B Capital Group and Monk’s Hill Ventures joined Grab Holdings Inc. in the parcel delivery firm’s Series D round, completed after the pandemic drove a surge in online shopping among people sheltering in place.
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Indonesian accounting app for small enterprises BukuWarung has raised an undisclosed sum in its seed funding round led by East Ventures, per a statement. The round is joined by a host of other investors including AC Ventures (previously Agaeti Ventures & Convergence Ventures), Golden Gate Ventures and Tanglin Venture Partners. Indonesian tycoon Michael Sampoerna joined
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We’re all inside a giant pressure cooker. With everyone impacted by the global virus, and by measures to combat it, my Singapore-based venture capital firm hosted a virtual “cloud panel” of founders and CEOs powering the backbone of the online consumer economy, with companies active in areas from logistics to payments to global analytics.
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Printerous, an Indonesia-based online printing and packaging platform, announced that it has raised an undisclosed amount of series A funding in a round led by BAce Capital, AddVentures, GDP Venture, and Gobi Agung. Existing investor Sovereign’s Capital also participated in the round. The company said it will use the new funds to ramp up its
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Singapore-based online marketplace Carousell announced on Tuesday that it has appointed Jennifer Lim as Head of People while SoftBank-backed Appier has announced the appointment of Dr Lee Feng Chien to its board of directors. Singapore’s Carousell appoints Head of People Singapore-based online marketplace Carousell announced on Tuesday that it has appointed Jennifer Lim as Head
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The Global Inventory Software Market Report 2018 published by 9Dimen Research Store is a complete study of the business sectors, 2012-2018. It analyses the important factors of the Inventory Software market based on present industry, Inventory Software market demands, business strategies utilized by Inventory Software market players and the future prospects from various angles in
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Thailand-based blockchain and online payment startup Omise on Thursday announced raising an undisclosed financing round led by Japanese venture capital firm Global Brain. The round was joined by Mitsui Fudosan’s corporate venture arm, 31VENTURES, and existing backer Indonesian VC firm Sinar Mas Digital Ventures (SMDV). Omise said the investors will help it penetrate Japan, Southeast
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