Being a CEO eats into you, says Tan Teik Guan of recently-acquired DS3
For twelve years, Tan Teik Guan has been carrying the weight of the company and its employees on his back, first as DS3‘s CTO and then as CEO in 2006. One wrong move could affect not just his 50 employees but also their families. It’s a huge burden to bear, especially since a startup lacks the [...]
Latest Funding News
Zalora reveals massive USD 100M round in vote of confidence for fashion e-commerce in Asia
There are funding rounds, and then there are funding rounds. Zalora, a Rocket Internet fashion e-commerce venture, has today revealed that it has raised a massive USD 100M in venture capital from Summit Partners, Investment AB Kinnevik, Verlinvest, and Tengelmann Group. Most of the investors are Rocket Internet regulars: Summit, Kinnevik, and Tengelmann have bankrolled [...]
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Zalora explains cash-on-collection trial with 7-Eleven and its logistical headaches in Singapore
May 23, 2013 by Terence LEE
Logistics is a big part of fashion online retailer Zalora‘s business, which is why it’s so important to get it right. Unfortunately, logistics is still spotty in Southeast Asia — Singapore included — causing many e-commerce businesses have resorted to cash-on-collection as a means of delivering the goods. While common in Philippines and Indonesia, Zalora [...]
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What Reebonz’s and Zalora’s funding rounds mean for e-commerce startups in Asia
May 22, 2013 by Terence LEE
The biggest news this week for Southeast Asia’s startup community would undoubtedly involve the USD 40M that luxury e-commerce company Reebonz raised from MediaCorp, Infocomm Investments, and a slew of other investors, as well as the fresh USD 100M round that Zalora, another fashion e-commerce outfit, has managed to cobble together. Together, both developments hint [...]
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Zalora reveals massive USD 100M round in vote of confidence for fashion e-commerce in Asia
May 22, 2013 by Terence LEE
There are funding rounds, and then there are funding rounds. Zalora, a Rocket Internet fashion e-commerce venture, has today revealed that it has raised a massive USD 100M in venture capital from Summit Partners, Investment AB Kinnevik, Verlinvest, and Tengelmann Group. Most of the investors are Rocket Internet regulars: Summit, Kinnevik, and Tengelmann have bankrolled [...]
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Sleek, pre-assembled 3D printer at USD 347? Here’s how Pirate3D is doing it
May 22, 2013 by Terence LEE
There hasn’t been a pre-launch product from a Singapore startup that has garnered this much press attention for a long while. Simply put, people are agog about the USD 347 price point for an Apple-esque 3D printer that will be pre-assembled and calibrated right out of the box. In fact, some have been downright skeptical, believing the [...]
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Philippines’ Rappler fuses online journalism with counter-terrorism tactics, social network theory
May 21, 2013 by Terence LEE
Few men can score a date with the sexiest woman in the Philippines, which made me a very lucky bloke indeed. A few months ago, I was on my way to Shangri-La Hotel in Singapore to interview Maria Ressa, an accomplished journalist, counter-terrorism expert, and co-founder of Rappler, an exciting, young online news organization from [...]
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