Rachel Phua
Rachel Phua is a reporter with DealStreetAsia based in Singapore and covers startups and venture capital. She was previously a reporter at Channel NewsAsia with both the digital and broadcast teams, covering labour and property news.
Stories by Rachel Phua
SG Digest: Frasers Logistics invests in Europe; Genesis MedTech Group gets funding
Medical device maker Genesis MedTech Group has raised funding led by General Atlantic.
Singapore-based firms turn to remote hiring amid tech talent crunch
With more and more tech majors setting up base in SG, the talent hunt has further intensified.
Despite a lacklustre 2020, SE Asia’s PE market remains attractive: Bain
Bain says SE Asia is going to grow 20-30% per year in the next few years.
Vegan lifestyle app abillion seeks to raise up to $15m in Series A by July
Its existing investors include 500 Startups, Calibre Ventures, 1/0 Capital, and Nan Fung Group.
Sea plans to bolster financial services with insurtech, wealth management foray
Sea’s move comes as its mobile wallet's payment volume tripled to $3.4b in Q1.
Singapore tech giant Sea’s Q1 losses widen to $422m, revenue up 2.4x
The company booked revenue of $1.76 billion, up 147% from the same quarter last year.
SE Asia’s last-mile logistics players carve their own niches as competition heats up
As the last-mile space gets increasingly crowded, not all players are likely to survive.
SG Digest: SPH to turn media unit as not-for-profit entity; EDB’s new initiative
SPH will transfer its entire media-related businesses to a newly incorporated subsidiary.
Data protection firm Acronis raises $250m from CVC Capital, valuation soars to $2.5b
Acronis has now raised $408 million in external funding.
Grab’s lofty $40b valuation stems from its fintech potential, not ride-hailing might
The current contributions of financial services to the group are insignificant.
