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Grab Looks to Acquire Singapore Banking License, Aims to Become Regional Fintech Powerhouse
Grab, the Southeast Asian unicorn app that has since expanded from its initial ride-hailing service to also include food delivery and financial services is seeking to apply for one of the five digital banking licenses…
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Unicorn Grab Partners with Hyundai to Launch Electric Vehicle Hailing Service Pilot in Indonesia
Singapore ride-hailing unicorn Grab has partnered with South Korean automobile manufacturer Hyundai Motors and motorcycle manufacturers Gesits and Astra Honda Motor to launch its electric vehicle (EV) pilot project roadmap in Indonesia aimed at developing…
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Aspiring Southeast Asian Unicorns to Watch – Singapore’s Carousell
Singapore-based online classifieds business platform startup Carousell is on the brink of becoming Southeast Asia’s next premier unicorn and is poised to become the region’s dominant digital marketplace. Its recent merger with Telenor Group’s former…
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Aspiring Southeast Asian Unicorns to Watch – Malaysia’s iFlix
Malaysian-based iflix, a video-on-demand (VOD) service platform that began operations in 2015, was recently featured in a report published by Google as one of about 70 emerging and aspiring unicorns in the Southeast Asia region.…
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Singapore Startup Carousell Set to Become Latest SEA Unicorn in Merger with Rival 701Search
Singapore’s Carousell, a startup that operates in the online classifieds business space, announced recently that it had agreed to a merger with 701Search, a subsidiary of Norwegian multinational telecommunications giant Telenor Group. The merger of…
