techinasia.com Archives - 30 March 2015, Monday

  • Beacon is a Kickstarter-meets-Groupon site that helps you raise funds with Bitcoin

    Beacon is a Kickstarter-meets-Groupon site that helps you raise funds with Bitcoin

    techinasia.com 27 Mar '15, 2am

    Have you ever wanted to run a Kickstarter project without all the complexity, hassle, and fees that come with accepting donations through services like Amazon Payments and Paypal? One man in Beijing may have the solution for you. Meet Beacon , a crowdfunding and crowd sales platform t...

  • Bitcoin breakthrough: Rakuten to accept the currency on global marketplaces

    Rakuten to accept the Bitcoin on global marketplaces

    techinasia.com 17 Mar '15, 2am

    After hinting several times over the past year or so that it wants to accept Bitcoin on its marketplaces, Japanese ecommerce giant Rakuten announced today that it will start to accept the cryptocurrency on its global marketplaces. The rollout will begin in America, and then spread to ...

  • Singapore issues laws that let drivers get paid for carpools

    techinasia.com 09 Mar '15, 8am

    Last week, the Singapore government issued new laws that will allow drivers to receive payments for carpools. The statute was completed on Monday, March 2, and reported by the Straits Times on Friday. According to the statute , car owners can accept monetary compensation for driving p...

  • 10 insider tips on how to prepare for Tech in Asia Singapore 2015

    techinasia.com 06 Mar '15, 4am

    Tech in Asia Singapore 2015 is not that far off. Before the two-day event kicks off on May 6 and 7, it’s a good time to get some tips for attending a tech conference and getting the most out of it. 1. Think about what you want to gain from the event Our conferences get a wide variety ...

  • In Singapore, scammer disguises as Uber driver

    techinasia.com 02 Mar '15, 2pm

    A Facebook user shared his experience of possibly being cheated of S$97 (US$71) when he was trying to get an Uber ride in Singapore. Uber Singapore sent out an email today to warn users about the scam. It advised customers to call the police if they encounter the driver. Unlike other ...

  • Singapore’s Ninja Logistics snags $2.5M to expedite Southeast Asia’s ecommerce deliveries

    Ninja Logistics snags $2.5M to teleport logistics in a flash

    techinasia.com 02 Mar '15, 8am

    Singapore’s last-mile delivery startup Ninja Logistics today announced it has raised a S$3.5 million (US$2.5 million) series A funding round. The investment was led by Monk’s Hill Ventures , with participation from regional corporates such as Malaysia’s Insas Berhad. It had raised aro...

  • 4 years on, a look at where Games Solution Center has succeeded and failed

    A look at where Games Solution Center has succeeded and failed

    techinasia.com 28 Feb '15, 3am

    The Games Solution Center (GSC) in Singapore, initiated by the Media Development Authority and managed by Nanyang Polytechnic, is going all out for the Game Developer Conference (GDC) in San Francisco this year. It’s not only hosting the largest number of Singapore game companies to d...

  • WeChat helps bitcoin get a festive boost from Chinese New Year gifting

    techinasia.com 25 Feb '15, 12pm

    Bitcoin enthusiasts in China exchanged a total of RMB 10 million (US$1.6 million) in Chinese New Year gifts using the cryptocurrency, according to Beijing-based exchange OKCoin . This mostly happened through WeChat , the popular messaging app, as half a million people used OKCoin’s We...

  • Singapore govt pushes venture debt financing for startups, M&As, skills education

    Singapore govt pushes venture debt financing for startups

    techinasia.com 23 Feb '15, 10am

    Singapore has announced new measures to invest in innovation and modernize its economy. Finance minister Tharman Shanmugaratnam mentioned in his Budget speech on February 23 that the government has added “advanced robotics” and “additive manufacturing” – 3D printing in other words – t...

  • Singapore space startup Astroscale raises $7.7M series A round

    Space startup Astroscale raises $7.7M series A round

    techinasia.com 23 Feb '15, 2am

    Astroscale , a Singapore-based startup developing satellites to remove space debris from Earth’s orbit, has raised a US$7.7 million series A round, it announced last week . Founded by Japanese entrepreneur Mitsunobu Okada, the company’s new round also consists of investors who are hea...

  • Win the top prize of US$15,000 in Arena at Tech in Asia Singapore 2015

    Win US$15,000 at Arena at Tech in Asia Singapore 2015

    techinasia.com 15 Feb '15, 11am

    Bindo answering judges’ questions on stage at Arena in Singapore in 2014 Less than one year ago, the Hong Kong and New York-city based point-of-sales and inventory management software company, Bindo, was just one amongst ten ready to step up on stage to give a five-minute pitch in fro...

  • Singapore-based real estate crowdfunding site nabs $733k investment

    Singapore-based real estate crowdfunding site nabs $733k

    techinasia.com 12 Feb '15, 7am

    CoAssets , a crowdfunding site from Singapore that lists properties from around the world, has raised S$1 million (US$733,000) in series A funding from undisclosed investors. This values the company, believed to be the first real estate crowdfunding platform in Southeast Asia, at S$13...

  • Singapore restaurant shows off autonomous drone waiters

    Singapore restaurant shows off autonomous drone waiters

    techinasia.com 10 Feb '15, 8am

    Woon Junyang, Infinium Robotics’s CEO, says this allows a restaurant to spend less time on running around and more on customer service. “The robots will bring the food from the kitchen to the dining area and waiters will just need to wait for the food to ‘arrive in style’ before takin...

  • #bitcoin pyramid scheme in Hong Kong makes off with $387M of investors’ money

    Bitcoin pyramid scheme in Hong Kong makes off with $387M

    techinasia.com 09 Feb '15, 5am

    A scam involving bitcoin in Hong Kong has robbed investors of HK$3 billion (US$387 million), according to the South China Morning Post . MyCoin.hk , a small local bitcoin exchange, suddenly closed and boarded up its office last month. The company reportedly ran a pyramid scheme wherei...

  • Facebook co-founder and Sequoia invests in Singapore property site

    99.co gets funded by Sequoia Capital, Facebook co-founder

    techinasia.com 29 Jan '15, 9am

    99.co , a Singapore property site that is taking regional mainstays PropertyGuru and iProperty head-on, announced at its official launch that it has received an investment from Facebook co-founder Eduardo Saverin and leading venture capital firm Sequoia Capital, bringing its total inv...

  • Bitwage launches international payroll service using Bitcoin

    techinasia.com 29 Jan '15, 5am

    Philippine workers who receive their salaries from abroad feel a pinch not just from exchange rate fluctuations, but also expensive money transfer services. Addressing this problem are several new payment solutions, which are helping drive remittance costs down. California-based Bitwa...

  • Singapore’s Tembusu Systems raises $887k, dissociates from Bitcoin

    Tembusu Systems raises $887k, dissociates from Bitcoin

    techinasia.com 29 Jan '15, 1am

    Tembusu Systems , a startup which previously developed Bitcoin ATMs, appears to have changed direction. It has now raised a S$1.2 million round (US$887,000) to develop and sell what it calls the TRUST Framework, a “next-generation distributed blockchain technology”. The framework supp...

  • How a husband and wife built a 13-staff game studio with 4 titles and no outside funding

    How indie game studio Happy Labs grew from two staff to 13

    techinasia.com 26 Jan '15, 9am

    Happy Labs is one of Singapore’s more prolific independent game studios, having released a total of four games in just two years of operation. It’s also one of its more successful ones, even if you haven’t heard much about it. Happy Labs founder Jeffrey Chee started up the company wit...

  • Singapore's Block 71 to expand again, house 750 startups by 2017

    techinasia.com 23 Jan '15, 11am

    The JTC LaunchPad @ one-north, the official name for a well-known Singapore startup complex, will be expanding again. Affectionately called Block 71 by tenants, it will house about 750 startups by 2017, up from 500 now and 250 when it first began in 2011. The project is a collaboratio...

  • GrabTaxi Singapore launches $2.8M fund for driver welfare

    GrabTaxi Singapore earmarks $2.8 million for driver welfare

    techinasia.com 23 Jan '15, 8am

    GrabTaxi Singapore announced today the launch of its Provident Fund (GPF), a S$3.5 million (US$2.79 million) welfare fund set up for taxi drivers who are active and have maintained high service standards. The fund comes directly out of the investments that GrabTaxi received in the las...

  • Ubisoft Singapore shows how the gaming juggernaut snags the best talent around the world

    How Ubisoft Singapore acquires talent, and keeps it

    techinasia.com 23 Jan '15, 8am

    On the Assassin’s Creed: Rogue Wikipedia page , Ubisoft Sofia is credited with the development of the game. But did you know the Ubisoft Singapore studio had a huge part to play in Rogue , too? The team in Singapore worked on the game’s naval gameplay, its ice and ocean technology, an...

  • Ten websites to learn Ruby on Rails for free

    Ten websites to learn Ruby on Rails for free

    techinasia.com 05 Jan '15, 6pm

    What do Amazon, IBM, Kickstarter and Twitter have in common, other than being great technology companies? They all use Ruby on Rails. With so many things going for it , it’s an attractive framework that allows you to deploy web apps quickly and effectively. That’s enough to make you w...

  • All the books you’ll ever need on Bookmate? Not quite (REVIEW)

    All the books you’ll ever need on Bookmate? Not quite (REVIEW)

    techinasia.com 26 Dec '14, 4am

    Being a reader with a voracious appetite, I’ve looked to the West and their slate of ebook subscription services with envy for some time now. Then just last week, I was extremely excited to learn that Singapore was finally going to be home to a Russia-based social reading service call...

  • Singapore startup Gushcloud

    Gushcloud responds to Xiaxue's accusations

    techinasia.com 23 Dec '14, 12pm

    Singapore-based blogger advertising network Gushcloud received an unpleasant Christmas surprise this morning. Xiaxue, a popular but polarizing blogging personality whose real name is Wendy Cheng, wrote a scathing takedown of Gushcloud and its allegedly dishonest practices. Xiaxue is a...

  • Coins.ph users may now convert Bitcoin into cash using ATMs in the Philippines

    Coins.ph users may now convert Bitcoin into cash using ATMs

    techinasia.com 23 Dec '14, 7am

    Philippine startup Coins.ph has launched a new service that will further encourage overseas Filipino workers (OFWs) to send money to their loved ones using Bitcoin. Withdrawal through 450 ATMs of partner bank Security Bank – without the use of an ATM card – is now an option for Coins....

  • Flipkart pulls in new investors for its latest $700 million funding, files for conversion to public company in

    Flipkart bags $700 million funding, files for public company status

    techinasia.com 20 Dec '14, 6am

    India’s homegrown ecommerce leader Flipkart just announced another whopping funding round. This time, it raised US$700 million investment from new investors Baillie Gifford, Greenoaks Capital, Steadview Capital, T. Rowe Price Associates,​ and Qatar Investment Authority, along with exi...

  • This taxi app by Singapore's transport agency is stunningly pointless

    This taxi app by Singapore's LTA is stunningly pointless

    techinasia.com 17 Dec '14, 7am

    The Singapore government is known for its remarkable efficiency. But it’s also known for being incredibly meddlesome. Case in point: fresh after announcing a new set of regulations governing taxi apps, the Land Transport Authority (LTA) told the world that it too wants to launch a tax...

  • More people are remitting money to the Philippines using Bitcoin. Here’s why

    Why more Filipinos are remitting money using Bitcoin

    techinasia.com 12 Dec '14, 2pm

    Christmas has come early for Philippine Bitcoin remittance service Rebit.ph . Rebit, one of the verticals under Bitcoin umbrella company Satoshi Citadel Industries (SCI), has booked an average 150 percent growth in value of transactions month-on-month since October. That’s a big jump ...

  • Asian bitcoin exchange Quoine secures $2M funding

    techinasia.com 10 Dec '14, 1pm

    Quoine , a pan-Asian bitcoin exchange, announced it closed a US$2 million angel round of funding from a number of investors and private funds, according to Coindesk . The young exchange opened shop in June and, while it is officially incorporated in Singapore, does most of its busines...

  • Meet the winners of Hackatron Asia Singapore 2014

    Winners of Hackatron Asia Singapore 2014

    techinasia.com 10 Dec '14, 7am

    Winners of Hackatron Asia Singapore 2014 and Judges It was to be a grueling 32 hours ahead – yet 146 developers across Singapore and Malaysia trekked down to Hackatron Asia Singapore early last Saturday morning in preparation for it. There were big monitors set up and people napping o...