Dai Wei, co-founder of failed bike-sharing startup Ofo, explore new business opportuinity in New York

Dai Wei, the Chinese entrepreneur behind the now-failed bike-sharing company Ofo, is making a fresh start in New York City with his coffee store, About Time Coffee. Despite Ofo’s downfall, investors have shown confidence in Dai Wei’s new venture, overlooking his past failure. Ofo faced numerous challenges, including financial difficulties, regulatory issues, and backlash from users demanding refunds for their deposits.

NEA refutes blogger Leong Sze Hian’s suggestion that it collects profit from hawker centres management; Netizens demand breakdown of its revenue

The National Environment Agency (NEA) has refuted veteran blogger Leong Sze Hian’s…

Local startup Magorium crowned champion in Singapore’s inaugural waste-tech startup competition

Local waste technology startup Magorium has officially been crowned champion in Singapore’s…

YouTuber subject to legal action by ‘e-commerce education’ company Leapvista for videos commenting on ‘Singapore Amazon marketing guru’ schemes

A Singaporean YouTuber has been subject to legal action by a local…

SMU IEE announces million-dollar startup competition involving internationally-renowned scholars and business leaders

The Singapore Management University (SMU) Institute of Innovation and Entrepreneurship (IIE) has…

DBS Foundation Social Enterprise Grant 2020 opens for submissions

DBS Foundation, the first foundation in Singapore dedicated to championing social entrepreneurship,…

Creative Nation to bring together more than 50 young social impact creators to champion a profitable future for businesses that brings positive societal impact

Creative Nation, a new social impact organisation, will officially be launched this…

SUTD student alleges copying of auto mailbox prototype by SingPost, laments "pathetic state of innovation" in S'pore

The act of copying students’ ideas “wholesale” on the part of “seemingly…

DBS Foundation Social Enterprise Grant 2019 opens for submissions

DBS Foundation, the first foundation in Singapore dedicated to championing social entrepreneurship,…