Singapore’s 20 largest exits

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Have you seen the film Moneyball? It’s based on the achievements of the Oakland Athletics Major League Baseball team during the 2002 season, with general manager Billy Beane putting together a competitive lineup despite having a much smaller budget than the team’s rivals.

Similarly, Singapore has a miniscule market compared to its neighbors, but it punches above its weight. In today’s premium article, we look at 20 of the biggest exits in the nation.

Today we look at,

• The top 20 exits in Singapore
• US$22 million for a waste management startup from India
• Other newsy highlights such as Apple offering alternative payment support in South Korea and Bukalapak’s entry into the e-grocery scene

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So long, farewell, auf Wiedersehen, good night

Image credit: Timmy Loen

How many times have you had to walk away from people or situations, even though you didn’t really want to? For most, the answer would be “too many.”

For the companies featured on today’s premium piece, however, their exits were probably far happier affairs. At least, I’d imagine so – they make up the 20 largest exits in Singapore.

• Spreading the love (and dough): The top 10 come from all sorts of different industries, including social networking, ecommerce, and payments.

• Knock knock, TikTok: Lomotif, Singapore’s answer to TikTok, comes in at number five with a US$125 million exit.

• Not the first name that comes to mind: With ecommerce being such a big deal in the region, the top spot has to go to Lazada or Sea Group (Shopee’s parent company), right? Guess again.

Read more: 20 largest exits in Singapore

There’s money in recycling