Advertisement
Singapore markets closed

  • Straits Times Index

    3,287.75
    -5.38 (-0.16%)
     

  • S&P 500

    5,005.30
    -66.33 (-1.31%)
     

  • Dow

    37,799.22
    -661.70 (-1.72%)
     

  • Nasdaq

    15,467.60
    -245.15 (-1.56%)
     

  • Bitcoin USD

    63,666.04
    -2,456.48 (-3.72%)
     

  • CMC Crypto 200

    1,373.16
    -9.41 (-0.68%)
     

  • FTSE 100

    8,045.96
    +5.58 (+0.07%)
     

  • Gold

    2,330.30
    -8.10 (-0.35%)
     

  • Crude Oil

    82.32
    -0.49 (-0.59%)
     

  • 10-Yr Bond

    4.7270
    +0.0750 (+1.61%)
     

  • Nikkei

    37,628.48
    -831.60 (-2.16%)
     

  • Hang Seng

    17,284.54
    +83.27 (+0.48%)
     

  • FTSE Bursa Malaysia

    1,569.25
    -2.23 (-0.14%)
     

  • Jakarta Composite Index

    7,155.29
    -19.24 (-0.27%)
     

  • PSE Index

    6,574.88
    +2.13 (+0.03%)
     

Rakuten Throws a Challenge To Entrepreneurs in Singapore

Willis Wee

Rakuten is throwing a challenge to developers and entrepreneurs in Singapore. The full press release can be found below. More details can be found at SGE.

SINGAPORE, May 17, 2013 – Rakuten, Inc. (JASDAQ:4755) announced today that it has kicked off its first ever “Rakuten Startup Challenge” in Asia-Pacific. The Challenge is intended to provide entrepreneurs based in Singapore an opportunity to develop personalized e-commerce websites using Rakuten’s APIs (Application Programming Interface). The APIs will direct displayed content to Rakuten’s Global Market website. The overall winner stands to win a 4-night, all expenses paid trip to Tokyo with the opportunity to meet and be mentored by Rakuten’s team in Singapore and Tokyo. This Challenge comes after Rakuten set up its Asia-Pacific business headquarters in Singapore last year and announced a US$10 million ‘Rakuten Asia Startup Fund’ in April earlier this year. Rakuten sees huge potential in Asia’s booming e-commerce market as it seeks to expand its operations in Asia-Pacific. Rakuten has been accepting applications from aspiring entrepreneurs in Singapore since 10th May 2013 and interested participants have until 24th May 2013 to submit their final applications. Applicants of the Rakuten Startup Challenge will be evaluated by ‘Challenge Points’ based on their curated website’s user interface, design, navigation, revenue generation and marketing campaigns. The panel of judges includes Mr. Toru Shimada, Senior Executive Office and Director, CEO and Chairman of Rakuten Asia, Mr. Saemin Ahn, Managing Partner, Rakuten Ventures, Mr. Shin Hasegawa, Director, Rakuten Global Marketing Office and Mr. Jacob Levine, Producer, Rakuten Web Services Group. The Challenge is expected to end on August 18th 2013 with the Grand Prize awarded to the winning participant on August 19th 2013.
The post Rakuten Throws a Challenge To Entrepreneurs in Singapore appeared first on Tech in Asia.