Despite being ordered by the board to cut A$250,000 a month in opex and witnessing its share price take a dive over the last three months, the soon-to-be rebranded iBuy Group is in the best financial shape ever, claims its new CEO Krzysztof Marszalek.
A new exit opportunity opens for startups based in Malaysia, while the continued good progress made by iMoney inspires, writes DNA founder Karamjit Singh.
Singapore-headquartered Internet venture accelerator Fatfish Internet Group Limited has appointed former Accenture Asia managing partner and renowned tech investor Larry Gan as non-executive chairman.
Sydney- and Singapore-headquartered 8common Limited said that its initial public offering (IPO) has now closed well oversubscribed following strong support from Australian- and Asian-based investors.
One-time dotcom darling Nic Lim has waited 14 years to list and will finally get his day in mid-August on the Australian Stock Exchange.
iCar Asia said it has secured a RM42.2-million (US$13.5-million) strategic investment from Australia’s carsales.com Ltd for its local automotive classifieds site Carlist.my, calling it the largest online deal in Asean this year.