VC firm Gobi Partners launches Gobi-Agung Fund in Indonesia
Regional venture capital (VC) firm Gobi Partners launched its new early-stage fund, the Gobi-Agung Fund, in Indonesia today. The fund size reaches US$10 million, with ticket sizes up to US$1 million for each deal. The Venture Partner that will helm the fund is Arya Masagung, who joined the...Abu Dhabi aims to lure start-ups new technology hub
Abu Dhabi will commit up to 1 billion dirhams (US$272 million) to support technology start-ups, it said on Sunday, in a dedicated hub as part of efforts to diversify its economy. ABU DHABI: Abu Dhabi will commit up to 1 billion dirhams (US$272 million) to support technology start-ups, it...WeChat Pay to roll out at over 600 Singapore retail outlets
Last week, Singapore’s largest cashless payment provider, NETS, announced it has teamed up with Tencent to let NETSPay users transact at terminals that accept the Chinese giant’s e-payment platform, WeChat Pay. This would allow NETSPay users to easily make purchases while travelling in China, where WeChat Pay is ubiquitous. Today,...Singapore travellers use NETS for mobile payments in China
People residing in Singapore who use the payments service NETS which is practically everybody could shortly be able to take the system abroad and use it for mobile payments in China, according to the South China Morning Post. Citing sources, the SCMP reported that NETS and Tencent are in...Duo has built a cool edtech startup and got funding
After finishing his schooling, Singapore-born Jack Soh enrolled in the University of Melbourne for a Bachelor’s Degree in Commerce. During his stay in the Australian city, he opened a Chinese restaurant where he got an opportunity to meet numerous mentors by chance, and they shared valuable knowledge with him...
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