Yoolim Lee
Stories by Yoolim Lee
Singapore’s cross-border payments startup InstaReM to seek digital banking licence
The startup is backed by Vertex Ventures, Fullerton Financial Holdings, Rocket Internet and MDI Ventures.
Grab said to have discussed buying Asia payments startup 2C2P
Grab was one of bidders interested in 2C2P with preliminary offers ranging up to $200 million.
Singapore startup Trax close to raising $100m at pre-money valuation of $1.1b
Trax seeks to finance three acquisitions with the fresh funding.
Canva gathers $70m funding in deal that values Australian unicorn at $2.5b
The deal marks Mary Meeker's debut investment from her new VC firm.
Singapore’s Jungle Ventures hits first close at $175m for third fund
The firm is likely to exceed its original target of $200 million as it finishes raising money for the fund in the next few months.
iPhone co-creator & Future Shape founder Fadell avoids direct investments in China
Future Shape has funded more than 200 startups, and Fadell is looking to up that number in Asia. But in China, he finds it difficult to process the sh
Singapore’s bet on startups pays off as 150 VC funds set up base in city-state
The number of tech startups has grown to 4,000 in 2017, with 22,000 employees. There were 2,800 tech startups in 2003.
Singapore’s biggest online mall Qoo10 fights Alibaba with blockchain tech
Qoo10 founder Ku says blockchain makes it cheaper to run an online marketplace.
Singapore’s ST Telemedia sets up AI startup to cater to Asian businesses
The startup, called Leap, has acquired a majority stake in Cloud Comrade, a Singapore-based cloud computing consultancy.
Ayala, GOJEK in talks to broker possible alliance for Philippine venture
A possible investment in GOJEK's Philippine venture would mark the latest technology play for Ayala, after it bought a stake in Zalora’s local unit.