The Low Down - Momentum Works

We provide the low down on all the happenings in Tech & VC.



The Razer question: what can you do with 10 million dollars?

Razer recently published an e-payment proposal summary, which includes committing S$10M to deploy a common cashless payment solution in Singapore, maybe Razer Pay, in 18 months. What can you do with S$10 million? Not much actually. Let’s do some simple… Continue Reading →

Alipay is NOT launching a digital wallet in Singapore soon

Many friends living in Singapore noticed this news today on both The Straits Times and Lianhe Zaobao: According to the reporting (especially that on Lianhe Zaobao), Alipay is launching a digital wallet very soon for Singapore’s banking users…. Continue Reading →

Comfort DelGro’s potential tie-up with Uber is not enough to revive its fortunes

Comfort DelGro, Singapore’s largest taxi operator with a fleet of 16000 cars, announced on Tuesday that it is in talks with Uber about a tie-up making its fleet available on the Uber Platform. Uber’s rival in Southeast Asia Grab has… Continue Reading →

Alibaba leads US$1.1 billion investment in Tokopedia

Indonesian ecommerce platform Tokopedia just announced that it has secured a new funding round of US$1.1 billion, led by Alibaba Group. The confirmation came after much speculation that – Alibaba’s main competitor in China backed by Tencent – was… Continue Reading →

Didi is far from winning the war in China

Barely two months ago, Didi announced the acquisition of Uber China, in a move that many regarded as ending the ride hailing war in China. A few days into the deal, all signs were pointing to this direction: subsidies started… Continue Reading →

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