ShowNearby gets SGD3 mil in funding, Tesla starts sales in Singapore – News digest
ShowNearby gets SGD3.5 mil in funding: ShowNearby Pte Ltd, a Singapore company that makes a location-based listings app of the same name, received SGD3.5 million in funding for 53.13% of the company from Global Yellow Pages Limited.
According to the press release, the deal will allow Global Yellow Pages to add its listings to ShowNearby’s platform. ShowNearby runs on the web, Android and iOS. The company also runs ShowNearby Analytics, a tool for local businesses to scope out the market in their vicinity, and for homebuyers to look for property.
Global Yellow Pages also paid SGD80 for 80% of a company called Companedia, which is a ‘web agency’ for Singapore small businesses. Companedia does things like web design, hosting and internet marketing for its clients. [Global Yellow Pages investor relations] [ShowNearby press release]
Tesla Motors starts sales in Singapore: The Straits Times reported that Tesla Motors, the electric car of choice for the Silicon Valley set, will deliver its first car in Singapore in September, at a price of SGD500,000. The model is the Tesla Roadster and it is priced just below a Porsche 911 Turbo in Singapore. The Roadster’s price already factors in a green vehicle rebate. The company set up its Singapore office last month and is looking for a showroom space. [Wild Singapore News reproduction of the Straits Times story]
Event - Singapore – Creating games for Windows Phone 7: Free training by Microsoft Innovation Centre in Singapore, but with a limited number of 60 seats.
Event – Singapore – ICM Horizons 2010: The theme is ‘the future of interactive infotainment’ and the event is organised by Singapore research agency A Star’s Institute for Infocomm Research. Keynotes by Google’s Mark Pilgrim on HTML5 and NTT Cyber Solutions Labs’ Dr Jay Kishigami on how mobile devices will become a ‘sixth sense’ for us in the future.
Image credit: Vlammende on Flickr
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