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Grab Rival Ryde Appoints Financial Adviser for Singapore IPO Mar 08 2021, 10:16 PM March 08 2021, 6:30 AM March 08 2021, 10:16 PM (Bloomberg) -- Ryde Technologies Pte, a ride-hailing service provider in Singapore, hired local investment bank SAC Capital to advise on its plan for an initial public offering in 2022. (Bloomberg) -- Ryde Technologies Pte, a ride-hailing service provider in Singapore, hired local investment bank SAC Capital to advise on its plan for an initial public offering in 2022. The upstart will target a valuation of S$200 million ($149 million) through a listing on the Cata...

Singapore Warms to Electric Cars Two Years After Tesla’s Rebuke Mar 08 2021, 4:01 PM March 08 2021, 2:30 AM March 08 2021, 4:01 PM (Bloomberg) -- (Bloomberg) -- After years of not doing much to foster the uptake of electric cars, Singapore has started to embrace them. Transport Minister Ong Ye Kung, speaking in parliament last week, said there is a net carbon positive impact in switching from gas guzzlers to electric vehicles, “even if the electricity is generated by fossil fuels.” And last month, Singapore pledged S$30 million ($22 million) over five years for EV-related ini...

Netflix, Disney Battle Pirate Sites That Rip Off Their Content Mar 09 2021, 6:17 AM March 04 2021, 2:30 AM March 09 2021, 6:17 AM (Bloomberg Businessweek) -- Julius is an avid Netflix viewer. Whether it’s old movies, anime, or hit releases such as The Queen’s Gambit, the 28-year-old banker from Manila, who gives only his first name, is glued to his laptop. He just doesn’t pay for any of the content. The moment a show starts trending on Netflix’s Top 10, he catches it on an unlicensed streaming website or downloads an illegal copy from a file-sharing app. “It’s .....

(Bloomberg) -- China’s top technology dealmaker is ramping up its push into investment banking, as markets from Shanghai to Hong Kong prepare for another booming year of initial public offerings. Over the past decade, China Renaissance Holdings Ltd.

(Bloomberg) -- Google’s streaming video game service Stadia had ambitious plans to disrupt the gaming industry, which is dominated by consoles.