The long game: A crash course in customer lifetime value

Focus less on immediate profits, and more on cultivating healthy relationships with customers Good business is a long game, and one of the most important indicators that you’re doing it right is your customer lifetime value (CLV). With it, you steer away from too much emphasis only on short-term (i.e. monthly or quarterly) profits, opting […]
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How to retain your customers: 6 things to do

Because when you get great customers, you wouldn’t want to let them go Customers are the lifeblood of a business. This is why the word traction is very important for startups and investors; a product is only as good as the size of its user base and its potential customers. But let’s say that your […]
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Samsung head Jay Y. Lee indicted over bribery, embezzlement charges

In total, 30 individuals were charged in the bribery scandal, including several high-level Samsung executives Following his arrest on February 17, South Korea’s special prosecutor indicted Samsung head Jay Y. Lee on Tuesday for bribery, as well as embezzlement and hiding assets overseas. “Samsung was directly linked to the influence-peddling scandal and was essential to […]
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Do you think your business is safe? Think again

From malware to data theft to social engineering, risks are everywhere No, your business isn’t safe. Statistics show that small and mid-sized businesses are not immune to cybercrime, and as much as 50 per cent of the businesses reported to have at least one cyberattack in the last 12 months. It cost these businesses well […]
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The Jay Kim Show: Chris Brogan on how to avoid entrepreneurship fatigue

A lot of e27 readers have read the book The Freaks Shall Inherit the Earth. Author Chris Brogan sits down to offer his take on entrepreneurship Chris Brogan was one of the first internet bloggers — ever — and now provides tools and tips for helping entrepreneurs get their companies off the ground. But, back […]
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Are subsidies the key to occupying the bike-sharing market in China?

Subsidies helped Didi Chuxing grow to dominance, but it also created a business-model that is burning cash like firewood. Should bike-sharing follow? History is repeating itself in China’s tech sector, as Mobike and the Didi-backed ofo have started a subsidy race. This is arguably the biggest struggle of its kind in terms of user numbers […]
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UAE’s Zain Group makes strategic investment in MyTaxiIndia

MyTaxiIndia*is an outstation taxi and cabs service provider, focussed on servicing both one-way taxi and package-based outstation taxi service segments Gurgaon-based MyTaxiIndia (MTI), an online platform*to book outstation taxi and cab rental*services in India, has raised strategic investment from UAE-based investment and holding company Zain Group of Companies. The startup was founded in 2013 by […]
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One year on, Apple Pay finding little traction in the Middle Kingdom

It seems that Apple Pay has failed to become a real threat to the dominance of Alibaba’s Alipay and Tencent-backed Tenpay After a slow start, Apple Pay is now dominating its home country, the United States. Data from Boston Retail Partners shows that Apple Pay is now accepted by 36 per cent of merchants in […]
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5 reasons you should say “yes” to that startup job offer

Startups are not for everyone, but if you do decide to work for a startup, it can have a lasting impact on your professional and personal life Startup companies are popping up everywhere, and available jobs are increasing. Once in a while you will get a job offer to work with them. Here are five […]
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Australian startup ecosystem pioneer Pollenizer to shut down in June

Pollenizer CEO Phil Morle cited inability to make a sustainable business model as the reason behind the decision Australian startup incubator and consultancy Pollenizer, which is often dubbed as industry pioneer in the country, announced to staff and investors on Tuesday that it is going to shut down. Currently employing 22 people, the company will […]
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Bangkok, you’re up! VentureCon takes on Thailand for the first time

Meet the APAC industry leaders involved. From Taiwan to Singapore and Tokyo – e27‘s VentureCon, powered by GoodShift Ventures, will be making its next*stop in Bangkok in conjunction with*Echelon Thailand 2017 this May. Expect industry leaders and fresh faces from the likes of *NSI Ventures, InterVentures, SeedPlus, Creative Ventures and*500 Startups.*The VentureCon track – exclusive […]
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Meet Shopmatic, a B2B startup that enables 50K clients to build their own webstores

Shopmatic is a DIY platform that enables SMBs and individuals to build their own webstores in a few steps For any B2B company, India is an intriguing market. With over 50 million small and medium businesses (SMBs), the country is far ahead of any other developing economies in terms of opportunity, but a large chunk […]
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Singapore Ministry of Defence breached in cyber attack, personal data of 850 servicem

The Singapore Ministry of Defence said no classified information was stolen because it is housed on a separate system that is not connected to the internet The personal data of 850 Singaporean national servicemen has been stolen after a “targeted and carefully planned” cyber attack on a Ministry of Defence (MINDEF) system that provides internet […]
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Time to face the truth: 5 signs you are not leadership material

Do you have what it takes to be a leader? If you think that leadership skills come along with experience, then you need to rethink that idea. Even if you have worked in the field for years, handled difficult cases successfully, or coped with complicated issues positively, all of them do not necessarily guarantee your […]
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TotallyAwesome raises US$2M to empower kid-safe advertising in SEA, Australia

Already popular in the UK and US, TotallyAwesome is also set to expand its kid-safe social content app PopJam Kids digital advertising and content platform TotallyAwesome announced today that it has raised US$2 million of funding from well-known UK investor Nigel Wray. The company also announced that it is set to launch its kid-safe social […]
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4 reasons your startup needs a mentor

Finding someone to whom you can talk about your business and your work struggles is crucially important to your business’s long-term health If you’re starting a new business, you may think you have everything you need. After all, you know how to look things up online, you’re connected with your local Chamber and SBA, and […]
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Bitcoin mining operations follow cheap power to rural Sichuan

Energy prices mean that mining Bitcoin in a city like Beijing might be twice as expensive as it is in rural villages Editor’s note: This was contributed by*Linda Lew, a freelance writer based in Beijing, currently studying for her Masters in Global Business Journalism at Tsinghua University. Before moving to China, she worked in New […]
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Effective e-commerce: 8 tips for achieving phenomenal e-commerce growth

Before you even start building your e-commerce platform, consider these*sound words of advice E-commerce offers a wealth of opportunities. The potential for growth for digital*startups leveraging e-commerce platforms is huge. However, it just has to be tapped the right way. While*there are several tactics that can help you nurture a new online venture, there is […]
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Spacemob’s new co-working space will be in Singapore Science Park

The 14,000 sq ft co-working space is part of a strategic partnership with Ascendas-Singbridge Singaporean co-working space Spacemob*has announced it will launch a new co-working space in Singapore Science Park at the end of March 2017. This is part of a strategic partnership with Ascendas-Singbridge, which is a provider of sustainable urban and business space […]
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AI-based hiring platform Belong raises US$10M Series B from Sequoia, Matrix Partners

Belong helps businesses discover and target high-fit talent, engage candidates through personalised interactions, and accelerate hiring cycles Belong, an Artificial Intelligence-based hiring platform, announced today it has raised US$10 million in Series B funding round led by Sequoia Capital India, with participation from existing investor Matrix Partners India. The Bangalore-based startup will use the funds […]
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Sony, LINE are in talks to join forces to develop AI devices

It falls in line with Sony’s voice-and-gesture-based virtual butler service Sony Agent and its accompanying hardware Xperia Ear Japanese tech companies Sony Corp. and LINE Corp. are considering to join forces to develop artificial intelligence (AI)-based devices. As stated during the Mobile World Congress 2016 in Barcelona on Monday, Sony Mobile is “exploring the collaborative […]
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Singapore’s sovereign wealth fund GIC jumps into co-working, invests in China’s 5Lmee

GIC is entering a highly competitive industry full of companies with major investors backing them The Singaporean sovereign wealth fund*GIC Pte. Ltd. is making a play to enter the Chinese co-working industry by leading*a US$14.55 million investment into 5Lmeet, according to a report in the South China Morning Post. The other lead investor was the*Kaifeng […]
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Carousell launches used motor vehicles classifieds app Carousell Motors

The launch comes four months after it acquired Caarly, a Singapore-based used car marketplace startup Major Singapore-based p2p marketplace Carousell*has launched a used motor vehicles classifieds app called*Carousell Motors. The*marketplace will feature used cars and used bikes listed by individual sellers as well as verified dealerships. Carousell Motors is Carousell’s first new app since the […]
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Penang’s own Delivereat raises US$450K to deliver food beyond the city

Founded in 2012 by Leong Shir Mein and Tan Suan Sear, Delivereat partners with 200 merchants in Penang Malaysian food delivery startup Delivereat today announced that it has raised an RM2 million (US$450,000) pre-series A funding round led by Gobi MAVCAP’s ASEAN Superseed Fund. Currently available only in its home market Penang, the startup plans […]
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Uber VP Amit Singhal resigns over sexual harassment claims; expect more heads to roll

Between sexual harassment accusations, a culture of impunity and claims of industrial espionage, Uber faces an existential crisis To say 2017 has been rough for Uber would be an understatement, but the revelation that SVP Engineering Amit Singhal did not disclose a sexual harassment claim against him from his time at Google has the company […]
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