Billionaire Taizo Son ditches Japan to move to Singapore, plans $100m for SEA startups


Among his existing investments is Garena, the most valuable startup in SEA.

Singapore: Frasers acquires majority stake in Geneba Properties for $335m

Frasers Centrepoint Limited (FCL) today announced that it is acquiring an 86.56 per cent stake in Geneba Properties N.V. from Catalyst RE Coöperatief U.A. for EUR 315.9 million ($335.4 million). FCL will route the acquisition through its wholly-owned subsidiary Frasers Property International Pte. Ltd. (Frasers Property),  There is a cash consideration of… Read more »

GE partners SP Group, SPRING Singapore & Platform E to boost industrial internet

GE will also open an Asia Digital Operations Center in Singapore.

Singapore: Spout Entertainment closes $2.1m from Reapra Group

Spout Entertainment has closed a $2.1M seed investment from REAPRA Group that will see it aim to establish itself in the e-sports and e-learning segments.

We’re trying to build an Asian leader in luxury marketplaces: The Fifth Collection

The founders of The Fifth Collection, a marketplace for luxury pre-loved goods, discuss their business operations, brand development and the dynamics of their segment.

HR startup secures funding from Javelin Startup-O Victory Fund

HR startup, which is working on an AI HR tool to streamline corporate recruiting, has secured funding from the Javelin Startup-O Victory Fund.

Temasek Holdings acquires significant stake in Intapp

Intapp provides business applications for law & professional services firms.

Singtel Innov8 particiates in Synack’s $21.25m Series C

The round was led by Microsoft Ventures and involved H-P

Singapore: SGX partners SPDB; CITIC Envirotech secures $2.9b credit

The SGX has partnered with Shanghai Pudong Development Bank (SPDB) to deepen capital market ties between Shanghai and Singapore, while CITIC Envirotech has secured credit facilities to fund growth. SGX partners SPDB to strengthen market ties Singapore Exchange (SGX) and the Shanghai Pudong Development Bank (SPDB) have entered into a memorandum of… Read more »

iCandy completes acquisition of SG mobile game company Inzen

The acquisition that was announced last year was valued at $4.4m