Daily Briefing: Razer to close digital game store; Logistics startup Moovaz scores funds from Silicon Valley-based VC

And the first of four customised submarines designed for operations in Singapore is unveiled.

From Tech In Asia:

Gaming hardware manufacturer Razer will close down its digital game store on 28 February, less than a year after its launch in April 2018.

The company will fulfill any pre-orders and games purchased through the store as long as users retrieve the keys via Steam or Uplay before the last day.

The company will still offer games through its Razer Gold and Silver rewards programs.

Read more here.

From e27:

Moving-logistics startup Moovaz secured an undisclosed amount from San Francisco-based venture firm Hustle Fund which will be mainly used to build up the firm’s product team and set up its go-to-market in Melbourne in Q3 2019.

Moovaz primarily targets digital nomads, with the belief in location-independent working lifestyles for everyone. To champion the lifestyle, Moovaz’s service allows people to more easily relocate to-and-from Singapore, partnering with the destination country’s local logistics players.

Over the eight-years-long operation in offline moving industry, Moovaaz has assisted 12,000 moves in every major city in the world. Once an offline business, Moovaz just went online a year ago and has since facilitated a little under a thousand move with their new digital platform.

Read more here.

From Channel News Asia:

The first of four customised submarines designed for Singapore’s waters, christened as the Invincible, was unveiled by defence minister Ng Eng Hen in Germany.

This will enhance the navy's capability to better protect Singapore's waters, and safeguard Singapore's access to the sea lines of communication, the Defence Minister said.

The new submarines will replace the Republic of Singapore Navy's (RSN) current Archer-class and Challenger-class submarines.

Following its launch, the Invincible will undergo a series of sea trials before delivery to Singapore in 2021.

Read more here.

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