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From Reebonz to AI avatars: SG startup eyes US$100 billion opportunity

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    • 17Live, a livestreaming firm listed on the Singapore Exchange.
    • 17Live, a livestreaming firm listed on the Singapore Exchange. PHOTO: 17LIVE

    Samreen Ahmad

    Published Wed, Sep 25, 2024 · 09:34 AM

    WHAT do Airbnb, Slack, and Nintendo have in common?

    These billion-dollar businesses were built on the failures of earlier ventures, with founders learning from setbacks to eventually find success.

    Pivoting is not an uncommon strategy, and it’s not limited to iconic brands. Case in point: defunct luxury marketplace Reebonz.

    StartupsTech in Asia

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    Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

    What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

    Singapore continues to be an important market for big luxury houses, such as Hermes and Chanel.

    As luxury retail goes big, can Singapore’s Orchard Road keep up? 

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