Entrepreneurship

Pioneer in Singapore’s startup ecosystem closes its bootcamp programme

JFDI has made official today that it will shutdown its accelerator programme — widely considered to be the pioneering accelerator in Singapore’s startup community – and pivot to corporate co-venturing to marry the agility of startups with the scaling potential of multi-national corporations. Its first two corporate partnerships are with corporates like Bosch and Mediacorp.…

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SLUSH SINGAPORE ANNOUNCES TOP 45 STARTUPS

The 45 startups competing in the Slush Pitching Competition x Channel NewsAsia are selected. They come from 10 countries: Australia, Hong Kong, Israel, Malaysia, New Zealand, Philippines, Saudi Arabia, Singapore, South Korea, and USA. Read more at Slush.org

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Asia’s old money billionaires turn to startups

A few decades ago, Asia’s billionaires made their fortunes through industries like petrochemicals, steel, and tobacco. Now some of those tycoons are eyeing startups for investment opportunities. As startups become more lucrative, Asia’s billionaires are starting to pay attention – and throw in a fair bit of cash of their own. Here are ten billionaires in…

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Uber Loses $1.2 Billion in 2016 H2

The ride-hailing giant Uber Technologies Inc. is not a public company, but every three months, dozens of shareholders get on a conference call to hear the latest details on its business performance from its head of finance, Gautam Gupta. On Friday, Gupta told investors that Uber’s losses mounted in the second quarter. Even in the…

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