Reebonz

As we cheer our local red dots who venture into Pinkerton shores, the jury remains out in the throes of a corrective bear.

SINGAPORE (June 19): Reebonz, Southeast Asia’s largest online luxury retailer, is planning to raise as much as US$150 million ($207 million) to bolster its marketplace business and fund expansion in China, Japan and South Korea.

SINGAPORE (June 13): OCBC Investment is maintaining its “neutral” rating on Singapore’s consumer sector given a lack of broad-based improvement for the retail scene, as well as the continued expansion and growth of e-commerce players.

SINGAPORE (Nov 23): Spacemob, a co-working startup based in Singapore, today announced the closing of a record US$5.5 million ($7.85 million) seed funding round.