The Business Times
business-time-50

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

google-preferred-sourceAdd BT as a preferred source
    • 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

    TRENDING NOW

    Canadian Prime Minister Mark Carney speaking at a press conference in Ottawa, on Aug 22, after trade talks with the US collapsed.

    Canada’s fight with the US has far bigger stakes than trade

    The real win for Keppel DC Reit could be diversification, as contribution from Japan jumps to 23%, from 9%.

    Keppel DC Reit’s Tokyo drift: The easy yen trade is over

    “I consider myself lucky. I don’t consider myself successful,” says Ng Yih Pyng, the second-generation leader of Tomei Consolidated.

    What’s luck got to do with it? Everything, says Malaysian jewellery king Tomei’s chief

    Over 70 primary-listed companies in Singapore have spent a total of almost S$2.1 billion on share buybacks on the open market in the first eight months of 2026.

    Singtel leads on-market buyback in August at S$55.6 million for nearly 13 million shares

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More