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Singapore’s The Wild Ventures launches with an oversubscribed funding round

The Wild Ventures, a Singapore-based artificial intelligence (AI)-powered house of impact brands, has announced its official launch on Thursday following an oversubscribed funding round. The firm said in a statement that the firm has closed a SGD 1 million ($750,000) angel round with participation from a long list of experienced operators, investors and family offices. The investor list...

2025-04-03 13:21:06

YouTube expands YouTube Shopping in Singapore with Shopee

American social media and online video sharing platform YouTube has on Thursday launched its Shopping affiliate program in Singapore in partnership with homegrown brand, Shopee. YouTube said in a statement that the launch of the YouTube Shopping Affiliate Program in Singapore offers exciting opportunities for both Shopee sellers and content creators. Shopee sellers can now expand their reach...

2025-04-03 13:18:56

Cyber risk is business risk: Five tips for business leaders in Singapore to consider

In today’s turbulent business and geopolitical landscape, executives in Asia Pacific are juggling growth, efficiency, and resilience while navigating shifting trade policies and economic uncertainty. These pressures are driving up costs, complicating global supply chains, and limiting market access. Yet, amid this high-stakes environment, one critical element is too often overlooked:...

2025-04-03 12:43:36

Aspire secures capital markets services licence from MAS

ASG2 Pte Ltd, a subsidiary of Aspire, a Singapore-headquartered finance platform, has on Thursday announced that it has secured the capital markets services license (CMS) from the Monetary Authority of Singapore (MAS). The firm said in a statement that the licence will enable it to better serve businesses in Singapore by widening its offering to include regulated investment solutions designed...

2025-04-03 12:38:25

Maybank sees acquisition of Gojek to be the most favorable scenario for Grab

While there have been numerous media reports in the past weeks of a potential merger between Grab and GoTo, Maybank Investment Bank opined that acquisition of Gojek would be the most favorable scenario for Grab, leading to maximum synergies while preserving balance sheet strength. The research house said in a note on Thursday that if Grab acquires Gojek, it sees synergy net present value (NPV)...

2025-04-03 12:35:12

Project Nexus partners incorporate Nexus Global Payments to run the cross-border payment scheme

Nexus Global Payments (NGP) has on Thursday announced that it has been formally incorporated as a company limited by guarantee in Singapore to operationalize and manage the Nexus scheme for enabling safe and instant cross-border payments at scale. NGP said in a statement that it will be run as a not-for-profit organization. Its incorporation by the five central bank partners in Project Nexus...

2025-04-03 12:32:26

Carsome partners with Google Cloud, Searce to enhance car transaction, ownership experience

Southeast Asian car e-commerce platform Carsome Group Inc. has on Thursday announced a multi-year collaboration with Google Cloud, and Searce to fuel its continued expansion and growth in the markets where it operates. Carsome said in a statement that the collaboration will use Google Cloud’s platform services across modern infrastructure, cybersecurity, data analytics, and generative...

2025-04-03 12:22:20

Behind the scenes of Synagistics’ historic de-SPAC listing

When Synagistics decided to pursue a Hong Kong de-SPAC transaction, it marked a historic milestone not only for the company but for the city’s de-SPAC regime. As the first de-SPAC there, Synagistics’ listing offers valuable insights for startups considering a similar journey and underscores the uniqueness of Hong Kong’s de-SPAC framework. For Synagistics, its de-SPAC last...

2025-04-03 07:26:28

Why leadership and talent are your trump cards in Asia’s data center industry

The booming Asia-Pacific data center industry is projected to grow at a CAGR of 13.08 percent through 2030, driven by hyperscalers from the West investing billions in artificial intelligence (AI) and cloud infrastructure. Yet, this rapid growth brings its own set of challenges, and the competition is intensifying – not only for real estate and data capacity, but also for crucial technical...

2025-04-03 07:23:02

Endowus expands credit offerings with global alternative investment manager Man Group

Endowus, the Singapore-based wealth management platform, has partnered with the global alternative investment management firm Man Group to bring their credit offerings to clients in Hong Kong and Singapore. Endowus said in a statement on Wednesday that through this partnership, the firm will provide access to Man Group’s differentiated solutions under its premier global credit platform,...

2025-04-03 07:19:56

Qualcomm expands generative AI capabilities with acquisition of VinAI division

The United States-based chipmaker Qualcomm has on Wednesday announced the acquisition of MovianAI Artificial Intelligence (AI) Application and Research JSC (MovianAI), the former generative AI division of VinAI Application and Research JSC (VinAI) and a part of the Vingroup ecosystem. Qualcomm said in a statement that combining VinAI’s advanced generative AI research and development...

2025-04-03 07:01:49

Singapore’s GLP launches $358M AUM maiden data center fund in China

GLP, a Singapore-based global thematic business builder and investment manager, has on Tuesday launched maiden data center fund in China with asset under management (AUM) of RMB 2.6 billion ($358 million). The firm announced in a statement the closing of its first digital infrastructure focused strategy – GLP China IDC Income Fund I. The capital raise was backed by a group of top tier...

2025-04-03 06:58:01

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