News before Sep 30, 2020

One month has passed since MaGIC's GAP started; here's what Cohort 04 has achieved.

The first month focused on startup fundraising and a visit to Cradle Fund.

Carl AdrianSep 29, 2020

Malaysia's WORQ co-working space raises $2.4 million in funding for expansion.

Since its launch in 2017, the company has been profitable.

Alfred LeeSep 23, 2020

Uber looking to sell some of its $6.3 billion stake in China's ride hailing Didi Chuxing

Uber is beginning to sell some of its investments to increase its stock price

Alfred LeeSep 21, 2020

China vows to “fight back” if TikTok and WeChat are banned.

A total ban on both apps are scheduled to take place from Nov 12.

Alfred LeeSep 19, 2020

Alibaba may invest up to $3 billion in Grab.

SoftBank CEO, Masayoshi Son, is reportedly at the center of the discussions.

Carl AdrianSep 15, 2020

SoftBank sells ARM to Nvidia for $40 billion.

SoftBank has also revived talks about going private.

Alfred LeeSep 14, 2020

Singapore Airlines to cut up to 4,300 staff as travel industry slows.

No sign of improvement in the short term.

Alfred LeeSep 10, 2020

Singapore slowly reopens: To allow business events of up to 250 people.

They must first apply for permission prior to holding the event.

Alfred LeeSep 07, 2020

MaGIC’S Global Accelerator Programme Cohort 4 2020 Underway With 40 Promising Startups

Fourth Installment of one of the region’s largest accelerator programmes goes fully virtual, 
focuses on business resilience

Alfred LeeSep 03, 2020

Pitchbook: SOSV now ranked most active VC globally.

The VC is also ranked #2 in Europe and in the US.

Alfred LeeSep 01, 2020

Singapore's Suntec lays off 50% of their employees as events industry grinds to a halt.

A total of 85 people will be retrenched, where 60 of them are locals.

Carl AdrianAug 29, 2020

Esports industry continues rising; Challengermode tournament platform raises $12 million.

The funding was led by the global investment arm of Alibaba Group

Alfred LeeAug 26, 2020

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