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Asia now a growing market for mobile app downloads

Asian countries are becoming increasingly important in terms of app downloads, according to research firm Distimo. This Distimo publication covers the Apple App Store downloads for iPhone for May 2011, and focuses on insights in market trends that are relevant for developers who want to grow their business in Asia. According to this report, China is now the second largest market in terms of total download volume, after United States. Other interesting findings include: -...

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Singapore government sets aside S$15 million fund for mobile app development

Infocomm Development Authority of Singapore  together with NTUC's Employment and Employability Institute, SPRING Singapore and the Singapore Tourism Board, has earmarked S$15 million fund to develop mobile applications for service sectors. At the Infocomm Media Business Exchange (imbX) 2011 last week, Singapore's minister for information, communication and the arts, Yaccob Ibrahim said, "Government wants to harness opportunities presented by the mobile space and to develo...

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Cloud Management Platform RightScale Comes to Singapore

RightScale, a global company focused on helping companies to manage their cloud computing solutions, sees Singapore as the ideal regional hub for cloud services, and has recently set up its Asia Pacific hub in the republic. Founded in early 2007, RightScale offers a fully-automated management platform that enables organisations to design, deploy, manage and automate business-critical applications on the cloud. While not a developer of cloud services, one of the key value pro...

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Singapore’s JustCommodity raises S$5.6 million in Series A round

Singapore-based commodity trading software company JustCommodity announced  today funding of S$5.6 million from Extream Ventures, OWW Capital Partners and Infocomm Investments to expand its product offerings. JustCommodity is a leading software solutions provider catering to the commodity trading industry, particularly for the trading of edible oils. The company has a strong customer base in Asia including some big firms such as, Cargill Sime Darby, Asian Agri, Cargill...

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Bubble Motion receives $10m B round financing from Singtel, Infocomm Investments and existing investors

Singapore-based Bubble Motion with its headquarters in California has raised $10 million (USD) in growth capital to accelerate the roll-out of its voice-based social communications service that has attracted millions of consumers across Asia. Led by SingTel Innov8, the SingTel Group’s corporate venture capital fund, this round also includes Singapore’s Infocomm Investments in addition to insiders Sequoia Capital, Palomar Ventures, and NGC. “We have been impressed with ...

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Asia-Pacific smartphone usage to double by 2016

The Asia-Pacific smartphone market is expected to double to 200 million by 2016, with Google's Android as the leading operating system platform, according to an industry analyst. Smartphones, which reached a usage of 100mil in the region last year, are expected to grow at a compound annual rate of 12.5 percent between 2010 and 2016 and make up about 32 percent of all mobiles in Asia-Pacific, according to a statement from telecoms consultancy firm Ovum. It also expects g...

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App developer The Mobile Life sets up in Singapore

The Mobile Life Group is a global mobile design and apps development company with offices in Stockholm, Milan, and now Singapore to meet the reagion's increasing demand. Founder Chris Magnani hopes to also make New York their next expansion target to meet global demands 24 hours a day. “Since Singapore is the world's number one market in terms of iPhone penetration, we see a good potential to serve Singapore and the region’s top creative agencies with app production...

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Be part South East Asia’s First’s Ruby & Rails Conference, 22nd – 23rd Apr 2011

To be held in the Singapore Management University on 22nd -23rd Apr 2011, RedDotRubyConf will bring together rubyists from all over this part of the world to talk, learn and discuss Ruby & Rails. International speakers, local practitioners will be present to speak in the conference. Plus, workshops and the chance for interested parties to present their experiences. Check it out at http://reddotrubyconf.com!...

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40 tech startups taking on the world from Singapore

40 tech startups are taking on the world from Singapore with the help of the Infocomm Development Authority. They are not giants like IBM or tech superstars like Facebook or Skype. Instead, they are start-ups from different parts of the world, driven by innovation in making their move to Singapore. According to Andrew Khaw from the Infocomm Development Authority of Singapore (IDA), the government organization is trying to attract start-ups to set up engineering centres in S...

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ViKi Raises $4.3 Million from VC All-Stars to Translate the World’s Video

ViKi has an interesting, open-source-like solution for video, that could have implications for other kinds of content online too. It acquires the rights to a TV show or movie, and puts it on one of its channels and within the first 24 hours an organized, volunteer community has subtitled the content into twenty languages. In another 24 hours, there’s another 20-languages of subtitles. The company has played more than 1 billion streams of video and its community has subtitle...

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