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Temasek's Heliconia invests US$10m in Carousell
TEMASEK unit Heliconia Capital has pumped US$10 million into classifieds platform Carousell, at the same US$1.1 billion valuation of the startup's funding round in September.
Indonesian tech group GoTo wraps up US$1.3b round ahead of Indonesia IPO
INDONESIA'S biggest tech group GoTo has raised US$1.3 billion from investors including the Abu Dhabi Investment Authority (ADIA), Google, Temasek, Tencent and Fidelity International, pushing its valuation to close to US$28 billion ahead of a planned public listing by the end of the year.
Ant seeks to grow Alipay+ use in South-east Asian e-wallets, Buy Now Pay Later
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CHINA'S Ant Group plans to add more South-east Asian payments services to Alipay+, its cross-border payments solution. This could include e-wallets or even buy now, pay later (BNPL) services, said Cheng Guoming, general manager for the Alipay+ Global Payment Partnership.
Doctor Anywhere acquires Thailand-based telemedicine platform
HEALTHTECH startup Doctor Anywhere on Thursday (Nov 11) said it has acquired Thailand-based telemedicine platform Doctor Raksa for an undisclosed amount.
South Korea tests system for controlling air taxis
SOUTH Korea demonstrated a system for controlling urban air mobility vehicles (UAM) on Thursday, which it hopes will serve as taxis between major airports and downtown Seoul as soon as 2025, cutting travel time by two-thirds.
Corporate earnings
- Singtel H1 profit jumps 104.7% to S$954m; JVs, associates back to black with S$770m contribution
- FLCT posts 6.3% rise in H2 DPU to S$0.0388
- Sembmarine posts S$1.42b order book at end-Q3
- Q&M Dental Q3 net profit surges 69% on medical equipment and supplies segment
The STI today
STI snaps 2-day losing streak, posts marginal 0.21% gains SINGAPORE shares managed to stem a two-day losing streak, to close marginally above water on Thursday, though not without a struggle, following a negative cue from Wall Street overnight and inflation fears.
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