Even in an era of startups, digital disruptors and online everything, traditional established companies don't have to take a backseat and get left behind. Instead, they can face and fight the competition, and do things a notch better with their experience and expertise, which fly-by-night newcomers may not have. For instance, within the OrangeTee group, OrangeTee & Tie, Singapore's third-largest real...
proptech
Opendoor, a startup that flips homes, attracted attention in June when it announced it had raised US$325 million from a long list of venture capitalists. The financing valued the four-year-old company at more than US$2 billion. Three months later, Opendoor has more than doubled its cash pile. On Thursday, the company said that SoftBank's Vision Fund had invested US$400 million in it. The valuation for...