Singapore

“In view of FTX’s financial position, we have decided to write down our full investment in FTX, irrespective of the outcome of FTX’s bankruptcy protection filing,” Temasek said.

Singapore-based consumer internet company SEA Group announced Tuesday that the group's revenue rose 17.4 percent year on year to $3.2 billion in the third quarter ended September 30, 2022, as its e-commerce revenue surged. The group's e-commerce revenue for the third quarter jumped 32.4 percent year on year to $1.9 billion.

Amilo, a newly setup logistics company based in Singapore, plans to consolidate its growth within the four Southeast Asian (SEA) markets after securing $2 million funding. Over the next 6 months, the firm plans to consolidate its growth within the four markets of Singpore, Malaysia, Vietnam and Indonesia in a margin sustainable way before expanding into the…

Singapore-based private market exchange ADDX has raised approximately $20 million in fresh capital from new and existing shareholders. KB Securities, a subsidiary of Korea’s largest banking group KB Financial Group (KBFG), led this latest investment, which was part of an upsized Pre-Series B round.

AnyMind Group, a Singapore-based end-to-end commerce enablement company, on Tuesday announced that the Tokyo Stock Exchange has approved the initial listing of the Company’s shares on the growth market of the Tokyo Stock Exchange. The date of listing is scheduled to be December 15.

Bigo Live, a Singapore-based social live streaming platforms, has partnered with TripleA, a Singapore-based licensed crypto payment gateway, to enable users to pay with cryptocurrencies.

MOGUL.sg, a Singapore-based artificial intelligence (AI)-driven property portal, has raised S$9 million ($6.58 million) in its first-ever funding round. The lead investor is Nech Capital.

Web3Re Technologies Pte Ltd, a Singapore-based blockchain-as-a-service (BAAS) solutions company, has launched the country’s first curated metaverse ecosystem - Goya Universe, premised on demonstrating how blockchain can be used for good.

Razer, United States and Singapore-based lifestyle brand for gamers, has introduced Restorify, an e-commerce service rolled out by Razer Fintech, the financial technology arm of Razer. Restorify is a traceable carbon neutral checkout, and was launched during COP27, the 27th Conference of the Parties to the United Nations Framework Convention on Climate…

Huawei Cloud has launched the inaugural Spark Incubator program as part of its partnership with the Infocomm Media Development Authority’s (IMDA) PIXEL Innovation Hub. In a statement, The program targets early-stage Singapore-based start-ups in the pre-seed and seed space from sectors including FinTech, Web3, metaverse and software as a service (SaaS)…