Singapore
Worldpay expects Singapore’s e-commerce market size to reach $28.92B by 2030
Singapore’s e-commerce market size is expected to reach S$37.5 billion ($28.92 billion) by 2030, growing 8 percent compound annual growth rate (CAGR) from its 2024 estimated value of S$22.8billion ($17.59 billion), according to the 10th edition of the Worldpay® Global Payments Report (GPR).
Brookfield acquires three high-tech business parks in first Singapore investment
Brookfield Asset Management, a global alternative asset manager headquartered in New York, announced last Friday a S$535.3 million ($413 million) acquisition of two business parks and a high-tech industrial building in Singapore, its first investment in the city state.
Singapore’s CrediLinq raises $8.5M Series A funding led by OM/VC and MS&AD Ventures
1982 Ventures’ portfolio company CrediLinq, the Singapore-based artificial intelligence (AI)-powered embedded finance platform, announced last Saturday the close of its $8.5 million Series A funding round.
Singapore’s Princeton Digital Group raises $1.2B in financing for data center expansion
Princeton Digital Group (PDG), the Singapore-based data center provider, announced Tuesday the successful raise of over $1.2 billion in financing to support its continued expansion and development of artificial intelligence (AI)-ready data center infrastructure across Asia.
Maybank sees strong momentum sustained for Sea
Maybank Investment Bank has revised up Singapore technology firm Sea's revenue/adjust earnings before interest, taxes, depreciation, and amortization (EBITDA) forecasts for FY25-27 by 6 percent to 8 percent following its strong first quarter.
Singapore’s Alternō raises Series A funding from UntroD Capital Asia, ADB Ventures
Alternō, a Singapore-based climate-tech startup, has closed its Series A funding round to accelerate the deployment of its sustainable heat technology and support its mission to eliminate 100 million tons of carbon dioxide (CO₂) emissions annually by 2030.
Malaysia’s BrioHR raises $6.5M in Series A funding led by Openspace Ventures
BrioHR, a Malaysia-based human resource (HR) tech startup, announced Wednesday that it has secured S$8.7 million ($6.5 million) in Series A funding, enhancing its ability to change the way businesses manage HR practices across Southeast Asia.
Singapore’s VFlowTech secures $20.5M in fundraising led by Granite Asia
VFlowTech, a Singapore-based energy storage solutions firm, has successfully raised $20.5 million in its latest funding round.
Sea’s revenue jumps 29.6 percent amid strong e-commerce sales
Singapore's tech conglomerate Sea Limited saw its revenue surge 29.6 percent year on year to $4.8 billion in the first quarter, underpinned by strong e-commerce growth.
Vietnam’s Bien Hoa Consumer secures funding from UOBVM for clean and green product expansion
Bien Hoa Consumer Joint Stock Company (BHC), a core subsidiary of TTC AgriS, has officially announced the successful completion of a strategic fundraising round from UOB Venture Management Pte Ltd (UOBVM) managed funds.
