techinasia.com Archives - 02 September 2014, Tuesday

  • 12 Philippine companies that should really start accepting Bitcoin

    Philippine companies that need to accept Bitcoin

    techinasia.com 02 Sep '14, 6am

    It’s big news when a major corporation or non-profit, such as Wikipedia, starts accepting Bitcoin . A number of people want to have more places to spend their bitcoins. So Tech in Asia spoke with entrepreneurs in the Philippine Bitcoin space on what companies they would like to see ac...

  • Taiwan-based music streaming #startup KKBox raises $104M from Singapore’s GIC by @horwitzjosh

    Taiwan music streaming startup KKBox raises US$104M

    techinasia.com 28 Aug '14, 3am

    In what comes as the largest funding round for a Taiwan startup this year, Taipei-based KKBox has announced it just raised US$104 million from Singapore’s GIC, a government owned investment firm. The company says it will use the funding to continue its overseas expansion and improve i...

  • This Japanese politician is crowdfunding a personal trip to the US to study Bitcoin

    A Japanese politician is crowdfunding Bitcoin research

    techinasia.com 27 Aug '14, 8am

    Mineyuki Fukuda, a member of Japan’s House of Representatives, has taken a novel approach to fund an overseas Bitcoin research tour. The Liberal Democratic Party (LDP) lawmaker and head of the central government’s IT Strategy Committee has launched a crowdfunding campaign that will se...

  • A list of venture capital firms in Singapore

    A list of venture capital firms in Singapore

    techinasia.com 25 Aug '14, 11am

    Venture capital firms have entered Singapore in droves, which means internet startups here can look forward to a wider variety of funding options. Here is a list of venture capital firms with a presence in Singapore that are actively investing in startups in the series A rounds and ab...

  • Singapore’s migme to be preinstalled in over half of Indonesia’s new smartphones

    Singapore’s migme partners with Smartfren, Trikomsel, Nexian

    techinasia.com 20 Aug '14, 7am

    Remember mig33? It is a Singapore-based microblogging company which recently changed its name to migme (ASX:MIG). Just last week, migme debuted as a publicly traded stock on the Australian Stock Exchange. And today, migme announced that it has tied a deal with three big handset player...

  • Making Satoshi proud: This Bitcoin umbrella firm has released six companies in three months

    This Bitcoin firm has launched six independent Philippine ventures

    techinasia.com 20 Aug '14, 6am

    In the tiny Makati City office that Bitcoin universal company Satoshi Citadel Industries (SCI) calls its headquarters, there is a sign on the wall that reads: “Ready, fire, aim.” The deliberate botching of a battle cry is meant to convey SCI’s ethos of releasing products first, and re...

  • BitX, a Bitcoin wallet and exchange for emerging markets, raises $800k

    BitX: Bitcoin wallet and exchange for emerging markets

    techinasia.com 19 Aug '14, 2am

    Bitcoin , the world’s leading cryptocurrency, is being touted for its benefits to emerging markets. Its peer-to-peer nature enables seamless cash transfer across borders, a vast improvement on today’s remittance industry. BitX plans to make a Bitcoin economy a reality in these markets...

  • Singapore’s Accreditation@IDA: skip it if you’re a startup: While Accreditation@IDA is a Singapore government ...

    Accreditation@IDA: skip it if you're a startup

    techinasia.com 16 Aug '14, 2am

    We set up the Accreditation@IDA to help startups win real projects from government and industry buyers, where accredited companies will be considered first for various innovation-focused government projects and industry collaborations. [The initiative aims to] build an innovative tech...

  • Singapore government investigates data privacy complaint against Xiaomi

    Singapore government investigates data privacy complaint against Xiaomi

    techinasia.com 15 Aug '14, 2pm

    Star Zest Home Tuition was the first to face the wrath of Singapore’s newly minted Personal Data Protection Act, which officially took full effect on July 2. Now, Chinese smartphone maker Xiaomi could be next in line. According to a report by Wall Street Journal , a Xiaomi device user...

  • #singapore #startup #grain delivers healthy #food via taxi on demand, awesome! Rt @techinasia

    Grain offers 15-minute healthy food delivery service in Singapore

    techinasia.com 15 Aug '14, 4am

    Food is central to many cultures. The Japanese are renowned for their sushi, Singaporeans revere their cheap hawker food, and Indians have, well, 36 regional cuisines to choose from. The problem is that they’re often unhealthy. White rice has tons of fast carbs, which raise the risk o...

  • Rakuten Super Logistics accepts bitcoin

    Rakuten Super Logistics accepts bitcoin

    techinasia.com 12 Aug '14, 3pm

    Rakuten Super Logistics U.S, a company that provides order fulfillment services for online retailers, has already begun accepting bitcoin via BitPay after requests from customers “We are working to apply this new technology to the benefit of market participants, especially those who c...

  • Singapore startup Bubbly is liquidating

    Singapore startup Bubbly is liquidating

    techinasia.com 11 Aug '14, 5am

    Bubbly , a Singapore-based social network which received US$39 million from Sequoia Capital , Singtel Innov8 , and JAFCO Asia , is liquidating after several acquisition deals failed to work out, sources confirmed with Tech in Asia. Bubbly had undergone the due diligence process severa...

  • Launching a startup in Singapore? 4 things you need to know

    Launching a startup in Singapore? 4 things you need to know

    techinasia.com 11 Aug '14, 1am

    Co-authored by Hazel Ho. Chow is a partner at ATMD Bird & Bird LLP, an international law firm. The growth in the technology ecosystem in Singapore has attracted investors and fund seekers alike. This is intended as a useful primer for all eager entrepreneurs kickstarting their compani...

  • 5 innovative gadgets that are proudly designed in Singapore

    6 innovative gadgets that are proudly designed in Singapore

    techinasia.com 08 Aug '14, 12pm

    It’s that time of the year. Singapore’s National Day (August 9) knocking at our door, which means it’s time, Singaporeans, to cast away your complaints for one moment, wear your patriotic pride on your sleeve, and appreciate all that Singapore has to offer. Fortunately for techies, Si...

  • Guvera takes the fight to Spotify in Singapore, Malaysia, Philippines, Hong Kong

    Guvera takes the fight to Spotify in 4 new Asian countries

    techinasia.com 08 Aug '14, 4am

    Music streaming service Guvera is taking the fight to Spotify in a bunch of Southeast Asian countries. The startup, which hails from Australia, is now available in Malaysia, Singapore, the Philippines, and Hong Kong. The move comes six months after Guvera hit the streets of Indonesia ...

  • This Japanese VC has a newfound love for Singapore. Find out why at #StartupAsia

    At Startup Asia, a Japanese VC with a newfound love for Singapore

    techinasia.com 08 Aug '14, 1am

    Singapore was recently named as one of the top five best places in the world to launch a startup in a study done by Washington State University’s College of Business. But you probably knew that already – the island-state has been a mainstay in such rankings for many years running. Her...

  • "Australia

    Singapore misfit kickstarting Australia's space industry

    techinasia.com 07 Aug '14, 10am

    Brian Lim was destined to be a bottom feeder in Singapore. His secondary school was in the bottom ten for the Normal stream – a classification for students who are less adept at scoring in examinations. And the paper chase was all that mattered: the system treated him as someone resid...

  • Men hate to shop. That’s no obstacle to a new breed of Singapore startups

    Edit Suits, Tate & Tonic, and Packnada are changing ecommerce

    techinasia.com 05 Aug '14, 8am

    Guys around the world let out a cathartic sigh when Miserable Men went viral on Instagram. The account depicts bored guys waiting at shopping malls for their wives and girlfriends, highlighting the inescapable stereotype that women love to shop, and for a long time. Enter ecommerce, w...

  • Payments 2.0 firm Braintree hiring sales team in Singapore

    Payments 2.0 firm Braintree hiring sales team in Singapore

    techinasia.com 05 Aug '14, 5am

    Internet companies in Singapore and much of Asia are starved of a simple and easy-to-use online payment system. Developers and startup founders that I speak to often wish that Stripe or Braintree – commonly dubbed payment 2.0 services – would be available in the region. While rumors h...

  • In just 2 weeks, WeChat users book 5,000 Singapore cab rides on EasyTaxi

    In just 2 weeks, WeChat users book 5,000 Singapore cab rides

    techinasia.com 31 Jul '14, 9am

    Just over two weeks ago, cab-booking app EasyTaxi started taking orders within the WeChat messaging app . How’s that working out so far? Joon Chan, EasyTaxi’s regional manager and director for Southeast Asia, tells Tech in Asia that 5,000 rides have so far been taken by people who boo...

  • Pick up your pickaxes and headlamps: here’s how Bitcoin mining works

    How to mine bitcoins from the bottom up: a complete tutorial

    techinasia.com 21 Jul '14, 11am

    There are generally two types of articles out there describing how bitcoins are mined: the dense and technical, or the simple and vague. This article will attempt to strike a balance between the two by starting with the foundations of Bitcoin and working up. You probably know that min...

  • Singapore incubator Fatfish Internet raises $3.2M, will list on Australian stock exchange

    Singapore's Fatfish Internet raises $3.2M to list on ASX

    techinasia.com 21 Jul '14, 7am

    Lately, we’re seeing a wave of internet companies from Asia gunning for public offerings on the Australian Securities Exchange (ASX). Fatfish Internet Group (ASX:FFG), a startup investment company from Singapore, has now joined the ranks. The firm will begin trading starting on July 2...

  • Hours after Typhoon Rammasun slams into Philippines, bitcoin fundraising campaign begins

    Bitcoin fundraising supports typhoon #GlendaPH relief operations

    techinasia.com 17 Jul '14, 7am

    Image credit: Bullit Marquez/AP On the morning of July 16, just a night after tropical storm Typhoon Rammasun (also known by the Philippine name Typhoon Glenda) left swathes of the country in devastation with wind speeds of up to 85 miles per hour, a Philippines company launched a rel...

  • [Exclusive] Japanese businessmen started a $10M fund to be the next Andreessen/Horowitz… in Singapore

    Two Japanese businessmen make $10M fund, move to Singapore

    techinasia.com 17 Jul '14, 2am

    The growth of a startup ecosystem is inextricably tied to the number of investors willing to inject funds into it. Venture capital firms and corporate venture funds are on the rise in Asia, but angel investors have not gotten as much attention. Shuhei Morofuji and Hideki Fujita are tw...

  • WeChat users in Singapore can now book taxis inside app

    WeChat begins ecommerce push in Asia with taxi-booking feature

    techinasia.com 16 Jul '14, 9am

    WeChat users in Singapore can now book a taxi inside the messaging app thanks to a tie-up with EasyTaxi . It’s the first such move by WeChat outside of its native China. This taxi-booking function will be extended to other countries where both WeChat and EasyTaxi are available, accord...

  • Singapore online grocery store RedMart gets $23M from star-studded investors

    RedMart gets $23M from Facebook co-founder, Garena, and others

    techinasia.com 15 Jul '14, 4am

    Singapore online grocery startup RedMart has raised US$23 million in a series B round led by Garena , with participation from Facebook co-founder Eduardo Saverin, SoftBank Ventures , and Visionnaire Ventures. The last two are first-time investors in RedMart. “The company will use the ...

  • Singapore passes law to curb online piracy; Pirate Bay first in the firing line

    Singapore passes law to curb online piracy; Pirate Bay first in the firing line

    techinasia.com 09 Jul '14, 4am

    Just four months ago, the Philippine government came down hard on online piracy with the newly revamped Cybercrime law. Filipino offenders now stare at a fine between Php 200,000 (US$4,470) to Php 500,000 (US$11,175) and six to 20 years in prison. Yesterday, the Singapore government d...

  • Launch of Xiaomi’s Redmi Note in Singapore sees 5,000 phones sold within 42 seconds, breaking last record

    Singapore launch of Xiaomi’s Redmi Note sets record 42-second sell-out

    techinasia.com 08 Jul '14, 5am

    When Xiaomi first came to Singapore to sell its flagship phone, the Mi3, every single phone from the first batch was snapped up in two minutes flat . Today, Xiaomi went one better with the inaugural launch of the Redmi Note. All 5,000 units of the 5.5-inch screened ‘phablet’ were sold...

  • GrabTaxi hits at Uber in Singapore with launch of premium service GrabCar

    GrabTaxi hits at Uber in Singapore with launch of GrabCar

    techinasia.com 08 Jul '14, 4am

    Raring to go from raising its biggest funding round to date – US$15 million led by GGV Capital – GrabTaxi is now accelerating its expansion in Singapore with the launch of its Uber-esque GrabCar service here. Through data gathered by the team since GrabTaxi was launched locally last y...

  • Looking to buy cheap beer online in Singapore for the World Cup? Find the best deals with BeerHunter

    Find the cheapest beer online in Singapore with BeerHunter

    techinasia.com 02 Jul '14, 8am

    Beer is expensive in Singapore, without a doubt. But watching a World Cup game late at night without a beer in hand is like a theme park without roller coasters – it’s just not as fun without the potential of vomiting. Fortunately, media agency Maxus Global’s R&D division MetalWorks i...