Author Archives: Elaine Huang


LINE to buy Microsoft-owned music streaming service MixRadio

LINE to buy Microsoft-owned music streaming service MixRadio

The deal is expected to complete by early 2015. The amount has not been disclosed Japanese chat app giant LINE will be buying music streaming service MixRadio, which is currently owned by Microsoft after acquiring Nokia’s Devices and Services business. The amount remains undisclosed. The deal, expected to be completed in early 2015, will see MixRadio

Bookmate-StarHub launch

Subscription-based e-reading app Bookmate launches in Singapore with StarHub partnership

The service is available for download on iOS App Store and Google Play Store. Users can also access Bookmate via the web Moscow-based e-book app Bookmate has today announced its official launch in Singapore, its first step into Asia Pacific. Currently claiming to have more than 500,000 e-books from 600 publishers, Bookmate will operate with three


Sokochan wants to help small merchants forget ‘logistics’

With fulfilment provider Sokochan, Thai merchants like The Opening Closet by Nongrax have been using their time to better sell online Before starting Thailand-based fulfilment provider Sokochan, Benjaporn “May” Chaiburee was a small merchant selling children apparel on Facebook. While operating the business online, she faced many challenges. Firstly, she had no way of telling


Thailand-based gaming firm Infinity Levels Studio raises US$500K from InVent

The funds will be used to improve animal racing game Ranch Run, which will be launched worldwide next year   Thailand-based gaming studio Infinity Levels Studio has raised US$500,000 from InVent, the venture arm of Thai firm Intouch Holdings PCL. The company, previously known as Avalable, also owns a dating mobile application and web service.


Vietnamese non-profit art space San Art brings auction online

It has since raised more than US$30,000. Tra Nguyen tells this author how it has been so far With US$30,000 raised on US-based art auction platform Paddle8, Vietnam-based non-profit art gallery San Art is nearly halfway towards its goal of raising US$100,000 for activities in 2016. The art gallery had previously tried raising funds through


Weight loss site iFit raises US$3M led by Cherubic Ventures

The funds will be used to boost hiring efforts, expand into new product lines, integrate O2O and go global Taiwan-based fitness and weight loss platform iFit has today announced raising US$3 million in a Series A round led by existing investor Cherubic Ventures. The investment also saw participation from Yuan-Jin Capital, Sino Strategy Group, lawyer


Rakuten Asia’s Masaya Ueno predicts m-commerce, social shopping growth in Asia

With mobile-first markets come opportunities e-commerce can no longer satisfy with desktop computers. Retailers need to get wiser come 2015 In an official statement released today, Japanese e-commerce giant Rakuten estimates mobile shopping to have generated US$1.1 billion worth of revenues in Singapore. Masaya Ueno, Director, Rakuten Asia (also Head of Business Development Division, and the


Kamcord to continue growing in Asia with US$15M led by GungHo

The investment round also saw participation from new investors Tencent and Wargaming, as well as existing investors TransLink Capital, M&Y Growth Partners, Merus Capital and XG Ventures US-based iOS and Android in-game mobile recording service Kamcord today announced raising US$15 million in a Series B round led by Japanese game publisher GungHo. The investment round also


LINE to stream music soon; Jun Masuda CEO of new entity

Japanese chat giant LINE, in association with Avex Digital and Sony Music Entertainment, will set up LINE MUSIC to launch a subscription-based music streaming service Japanese chat giant LINE today announced the formation of LINE MUSIC Corporation, a new firm set up in agreement with Avex Digital and Sony Music Entertainment. This venture was first


Luxury consignment app Reclo secures US$2 million

The Japanese app that lets people sell luxury goods and refresh their closets has raised funds from B Dash Ventures and Future Investment Japan-based company Active Sonar, most known for its luxury goods consignment app Reclo, has announced securing about US$2 million in funding, reported The Bridge yesterday. The funds were raised from Japanese investors B


14 e-commerce sites unite to launch 17-day Online Winter Sale in Thailand

The sites include Luxola,,, and About 14 e-commerce sites in Thailand have joined hands to launch Online Winter Sale, a campaign starting December 15 and ending December 31, as announced at a press conference today. The 14 websites participating in this sale event are:,,,,,,, Rakuten


Page365 raises US$420K from Inspire Ventures, Galaxy Ventures

Page365, a social commerce tool built by Softbaked Limited, wants to integrate with Instagram, give users in Thailand a better experience Thailand-based Softbaked Limited today announced securing US$420,000 in seed funding from Inspire Ventures and existing investor Galaxy Ventures. It received its first round of undisclosed seed funding from Galaxy Ventures earlier this year. The one-year-old


Planning a staff retreat? Read this first

Tips straight from entrepreneurs who have planned a staff retreat in case you’re tempted to get everyone together for an outing As the year comes to an end, you might be tempted to conduct a staff retreat. Depending on the size of your company, planning a staff retreat can vary from easy-peasy to a hair-pulling “okay-maybe-we-should-hire-someone-to-do-this”.


JFDI and Glints launch programme for tertiary students in Singapore

Does working in a startup excite you? Kickstart your work experience with this programme launched by JFDI and Glints Tertiary students in Singapore looking to learn more about entrepreneurship in this region can now sign up with JFDI Fellowship, a new programme launched by local business accelerator JFDI and its internship portal alumnus Glints. JFDI