SEA 2015: Top 10 trends for e-commerce

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The Southeast Asian online retail journey is taking an interesting shape. While 2014 brought in huge investment- a trend that is expected to continue next year- other factors will take the center stage as e-commerce influencers, in 2015. Even as the investment inflow continues,the space will see more consolidation, a renewed focus… Read more »

5 Startup Ideas that won PH Challenge

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Finding the right internship, dorms, scholarships, the sentiment quotient of social interaction and the right set of dependable people – the five mainstays  of student life could be at the centre of the next wave of successful startups from the Philippines. Already, the apps centered on these five activities have won top honours  at the… Read more »


PH holds Mobile App Developers’ Day Competition

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Following on the success of Malaysia Developers’ Day during the the past few years, AT&T, A Space Manila, Golden Gate Ventures and the Philippine Software Industry Association (PSIA) recently feted the first “Philippine Mobile App Developers’ Day” competition. Held on the grounds of A Space Manila,a popular local community of innovators, about… Read more »


Ozonetel in talks with Singaporean investors for $8m Series A round

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India-based cloud communications provider Ozonetel is in talks with Singaporean investors for about $8 million, as part of its first round of funding, to support the company’s global expansion, its founder and chief executive CSN Murthy said in an interaction with DEALSTREETASIA. Launched in 2007,  the company that had revenue… Read more »


Mobiles push SEA online gaming revenues to $784m

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The online gaming market in Southeast Asia is estimated at $784.4 million, by revenue, for the current year. This was disclosed by a survey report on online gaming, which was conducted bu the Asian games market intelligence firm Niko Partners The survey polled around 10,000 PC online gamers in six… Read more »


Micron to invest $4b to expand Singapore facility

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Micron Technology (Micron – NASDAQ:MU) will invest about $ four billion to expand its fabrication plant in Singapore, the company said, marking one of the largest investments in the semiconductor space in the city state. The chipmaker said it plans to add another 255,000 square feet of clean room space… Read more »


Exclusive: YuuZoo in early talks to raise $100m, mulls secondary listing on NASDAQ

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Singapore-based social and e-commerce firm YuuZoo Corporation is in early talks with financial investors to raise up to S$100 million, to fund growth, a top company executive said. YuuZoo, the first and the only social e-commerce network operator to be listed on the Singapore exchange, is expected to sell about 20… Read more »


SM Prime, Solar forge $20m VOD biz in PH

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Philippine property developer SM Prime Holdings Inc and Solar Entertainment Corp — via their business units — signed a memorandum of understanding (MOU) on Thursday to develop video-on-demand business (VOD) venture for the Philippines market. Top executives of SM Prime’s lifestyle and entertainment solutions company SM Lifestyle and Entertainment Inc. (SMLEI), and… Read more »


Investors warm up to Xurpas, shares up 50% on opening day

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Philippine company Xurpas Inc’s shares soared nearly 50% on its first day of trading, Tuesday, as investors jumped at an opportunity to grab a piece of the first technology startup to list on the local exchange. Shares of the company, which does mobile content like casual games, mobile stickers, messaging, among… Read more »


Singapore’s Gimmie secures $700k funding from IdeaRiverRun

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Singapore-based startup GimmieWorld Pte Ltd has secured $700,000 (MYR2.34 million) from private investment company and incubator IdeaRiverRun Sdn Bhd  (IRR), the companies said. Gimmie, which provides digital marketing tools such as loyalty and rewards programmes, will use the proceeds to support its Asian expansion. The company is also developing GimmieX, considered… Read more »