WNA Globe

World News by Wild Rose

#startups ร—

Cyberport launches Hong Kongโ€™s first hub for one-person companies

[The content of this article has been produced by our advertising partner.] Cyberport has launched the cityโ€™s first hub designed specifically for one-person companies (OPCs), offering entrepreneurs a combination of trust, compliance support and preferential access to essential services that are difficult to secure elsewhere.ย  Announced on July 13 at the Web4.0 & Agentic AI Innovation Summit, the launch of the OPC Hub @ Cyberport addresses a critical gap for founders leveraging autonomous AI...

Singaporeโ€™s Carousell hits profitability milestone, banks on AI as โ€˜force multiplierโ€™

At Carousellโ€™s Singapore office, a red tunnel greets employees with the companyโ€™s mission to โ€œmake second-hand the first choiceโ€ โ€“ a slogan its leaders say is moving closer to reality as the platform for buying and selling used goods recorded its first positive adjusted operating profit. The Singapore-headquartered company, last valued at US$1.1 billion in 2021, said on Tuesday it had achieved positive Ebitda โ€“ earnings before interest, taxes, depreciation and amortisation โ€“ for the first time,...