More state properties to be used as co-living spaces

The Straits Times : More state properties are expected to be put aside for co-living use in the next few months, as the Singapore Land Authority (SLA) on Wednesday awarded a tender for this purpose in Hindoo Road.  With societal trends veering towards co-living,...

Temasek’s 65 Equity Partners Pours $80 Million Into ShopBack

ShopBack, an online shopping rewards app backed by Singapore’s Temasek Holdings Pte, raised $80 million from the state investment giant’s late stage fund as it works toward going public.

Temasek’s 65 Equity Partners Holdings Pte will join the Singapore-based startup’s extended Series F round, ShopBack said in a statement on Monday. The round brings the total capital raised by ShopBack to more than $310 million

ZumVet raises US$3.7m to bring the dog-tor to more pets

SINGAPORE-BASED ZumVet, a startup offering remote pet care services, has raised US$3.7 million in Series A funding led by Quest Ventures and existing investor Pine Venture Partners, and joined by Pentepebble Holdings. The startup provides remote care, home-based...

GrabPay, Liquid Pay, Singtel Dash roll out PayNow services

Users will now be able to top up their GrabPay, Liquid Pay and Singtel Dash e-wallets directly from their bank accounts and transfer funds between these e-wallets via instant fund transfer service PayNow. Most e-wallets had typically required users to top up their...

Giving and reaping rewards: A conversation with ShopBack’s Joel Leong

Transplanting a successful e-commerce business model into a region where online shopping is still developing is a heady task for any organization. But a willingness to localize that model and fertilize the market by rewarding users for online purchases helped ensure...