reebonz
Live selling and AI: hit or miss?
In this week’s The Prompt, we look at how LiveCommerce Entertainment plans to use AI-generated salespeople for live selling.

From Reebonz to AI avatars: SG startup eyes $100bn opportunity
LCE, which bought luxury marketplace Reebonz’s assets in 2022, is offering genAI avatars for live selling and short videos.

Binance launched a feature to skirt Singapore’s ban – and then removed it
We look at a loophole that could let Binance users sidestep MAS orders and the startup that partnered with its country’s largest bank to launch a property app

Embattled Reebonz files for voluntary liquidation
The Business Times reports that the luxury marketplace can no longer continue its business due to its existing liabilities.

Reebonz’s co-founder, major shareholders are offloading their shares
At its peak, Reebonz was valued in the hundreds of millions. It’s now worth only a fraction of that.

Reebonz has been facing cashflow problems and rising debt. It’s now plotting a comeback.
Reebonz has been a poster child of Singapore’s startup scene. But now, it’s fighting for its future.

Singapore’s luxury marketplace Reebonz on the verge of listing in the US
The online luxury goods marketplace plans to be listed on Nasdaq, leveraging on its merger with US-based Draper Oakwood.

Here are the 15 best-funded startups in Southeast Asia (infographic)
2017 saw the region’s startups strike a record US$7.8 billion in funding deals.

Luxury marketplace Reebonz grows up with new $29m ecommerce hub in Singapore
The luxury fashion ecommerce marketplace is ready for the next stage of its journey in Asia’s ecommerce arena.

These are the 15 top-funded startups in Singapore (INFOGRAPHIC)
Software-based startups take the lion’s share of the funding in the lion city.
