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Scoop Partners With Major Publishers in India, Singapore, and the Philippines
Scoop, the e-reader newsstand app, continues to expand its publisher partnerships in India, Singapore, and the Philippines. Willson Cuaca, the CEO of Apps Foundry which makes the Scoop app, announced...
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Singapore Press Holdings buys sgCarMart for USD 48M
Singapore Press Holdings (SPH), a public-listed media company in Singapore, announced yesterday that it has purchased online car portal sgCarMart for SGD 60M (USD 48M), a significant amount in the...
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SPH Acquires SgCarMart for $48 Million
Yesterday Singapore Press Holdings (SPH) announced that it has acquired SgCarMart.com, a popular online classified site for cars in Singapore for SGD 60 million (US$48 million). According to SGE, the...
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RIP: MediaCorp’s ilovebooks.com Now in Deadpool
First launched in May 2012, MediaCorp’s e-book store ilovebooks is now in the deadpool. Its homepage now urges users to backup their e-books and they have until May 6 to do so. Of course, it’s good...
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Southeast Asia’s big media emerges from slumber, finds digital media...
While traditional media in the United States have been reeling from the digital media revolution, registering millions in losses, shutdowns, and layoffs, their counterparts in Southeast Asia have been...
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Battling Against Naspers-Backed Sulit and TokoBagus, 701Search Looks to be...
Asia’s startup scene is growing fast, especially in its e-commerce sector. One of the major players spearheading that industry is product listing site 701Search 1, which is based in Singapore. Among...
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Carousell partners with SPH Magazines, marries editorial and e-commerce
Carousell has taken its relationship with Singapore Press Holdings (SPH), the country’s largest news publisher, to the next level. The Singapore startup has announced today a partnership with the...
View ArticleSingapore Press Holdings loses 25% in profits, launches $80m New Media Fund
Singapore Press Holdings (SPH), the country’s largest newspaper publisher, announced that its net profit has fallen 25 percent to S$431 million ($346 million) from the previous financial year. The...
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Dear SPH, please apologize to Nicole and Steven
Update 3 – November 28, 12.48pm – AsiaOne and Wanbao have apologized. Update 2 – November 27, 4.46pm – Clicking on the original article link now leads readers to a page that says, “You are not...
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Singapore Press Holdings leads $10 million round in digital newsstand Magzter
Singapore Press Holdings (SPH), Singapore’s largest newspaper publisher, announced yesterday that it has led a $10 million series B round in Magzter, a New York-based global digital magazine store and...
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Singapore voyeurism site STOMP faces backlash, citizens want it shut down
Update: SPH’s chief editor has responded to the petition. View update here. Singapore residents appear to have had enough of STOMP, a “citizen journalism” website run by Singapore’s largest newspaper...
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Whither Singapore Inc?
Dr. Lai Kok Fung is currently CEO of BuzzCity, a Singapore-based multinational company specialized in mobile advertising. He is also adjunct professor in the school of computing at the National...
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SPH’s print business drops for 2 straight years
Singapore’s largest print newspaper publisher, Singapore Press Holdings (SPH), has seen its print business decline for the second year in a row, it revealed today in a financial statement. It runs...
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2 of Indonesia’s biggest classfieds sites merge as OLX
It’s a big day for Indonesia’s ecommerce scene, as two of the country’s biggest classifieds sites – Naspers-backed OLX Indonesia and 701Search-backed Berniaga – have agreed to do a joint venture. OLX...
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OLX merger: here’s how operations in Indonesia, Thailand, the Philippines,...
Credit: Flickr user Maria Elena Southeast Asia’s ecommerce scene was rocked yesterday when Naspers, Schibsted Media Group, Telenor Group, and Singapore Press holdings (SPH) put an end to their rivalry,...
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Amidst declining print business, SPH launches media startup accelerator with...
Singapore’s leading print media company Singapore Press Holdings (SPH) is getting more deeply involved in the startup space, the company has announced, with a new accelerator program aimed at media...
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Online restaurant booking service Chope raises $8M, revenue doubled in past year
Chope co-founder and CEO Ariff Ziaudeen. Chope, a Singapore-headquartered startup, has new ammunition to expand aggressively in China and Southeast Asia in its bid to become the region’s dominant...
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Singapore startup accelerator SPH Plug & Play under ‘review’
SPH Plug & Play, a startup accelerator run by media giant Singapore Press Holdings, faces an uncertain future. A source with knowledge of the situation told Tech in Asia that it’s shutting down....
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Singapore Press Holdings’ media revenue declines 4 years in a row
Copyright: digitaleyesphotography / 123RF Stock Photo The sky may soon fall for Singapore Press Holdings’ (SPH) media business. The owner of Singapore’s most widely circulated newspaper The Straits...
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SPH’s Q1 media profit crashed by half year-on-year
Photo credit: Reuben Schade. Singapore Press Holdings, Singapore’s largest newspaper publisher, continues to struggle in the online world. Its quarterly media profit before taxation fell from US$43...
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Singapore Press Holdings’ startup accelerator is officially dead
Copyright: digitaleyesphotography / 123RF Stock Photo SPH Plug and Play, the startup accelerator of Singapore’s largest newspaper publisher, has officially been declared dead. SPH spokesman Yeo Siew...
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Brief: SPH sells 701Search stake to Norwegian telco for $109m
SPH is selling its stake in local online classified ads company 701Search. Photo credit: In 30 Minutes (in30minutes.com). The news: Singapore Press Holdings (SPH) has agreed to sell its stake in...
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Singapore Press Holdings sets up new venture with freelance services startup
Photo credit: RecomN. Prominent media organization Singapore Press Holdings (SPH) announced today that its wholly owned subsidiary, SPH Interactive, has invested US$709,000 in a joint venture with...
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Brief: M1 shareholders no longer looking for buyers
MyRepublic decided against buying M1. Photo credit: MyRepublic. The news: Singapore Press Holdings (SPH) announced in an investor filing today that it will proceed no further with a strategic review it...
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Singapore Press Holdings sets up another freelance services venture with...
Photo credit: Pexels. Media company Singapore Press Holdings announced today that its subsidiary, Singapore Press Holdings Interactive (SPHI), has entered in a joint venture with China-based Chongqing...
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Brief: Mediacorp and SPH join forces amid Google’s and Facebook’s ad dominance
Photo credit: Copyright: bloomua / 123RF Stock Photo. The news (extracted from Channel NewsAsia): Mediacorp and Singapore Press Holdings (SPH) are teaming up to launch a new digital advertising...
View ArticleIn brief: SPH ‘neuromarketing’ partner raises seed funding
Trive Ventures led the round.
View ArticleCarousell kicks off 2019 with hires of former Amazon, RedMart, and SPH execs
The operations-focused appointments come months after the startup banked US$85 million in series C funding.
View ArticleIn brief: SPH, Keppel get majority control of M1
The two shareholders had previously sought buyers for their stakes in the Singaporean telco.
View ArticleUS-based MetLife partners Singapore firms to simplify insurance claims with...
The companies plan to pilot their Lifechain technology this month, targeting 1,000 randomly selected policyholders.
View ArticleLogistics startup Moovaz acquires SPH’s The Finder
The deal comes as Moovaz looks to add content and community-building to its relocation services.
View ArticleSingapore Press Holdings to restructure media business into a not-for-profit...
SPH said the move comes after its media business recorded its first-ever loss of US$8.5 million for the financial year ended August 2020.
View ArticleWho are snapping up Amazon’s third-party sellers and why?
The Amazon roll-up frenzy, and SPH turns its media arm into a not-for-profit entity
View ArticleThis SPH veteran spun off his jobs platform to catch a big wave
Julian Tan's FastCo, which runs jobs platform FastJobs, is now working on its series A round, its first fundraise after the company's spin-off from SPH.
View ArticleSPH to sell SgCarMart for $118m to Toyota consortium
Toyotsu Binter is one of the firms in the consortium looking to buy SgCarMart, Business Times reported, citing sources.
View ArticleThe Carsome lure sees rival firms lose key talent
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