Here’s what you need to know.

1. Singapore consolidates all startup schemes under one umbrella

The Singapore government is set to consolidate its various funding schemes for startups under a single umbrella brand – Startup SG.

In another significant move, the city-state has decided to revise the Entrepass visa scheme, aimed at enabling foreign entrepreneurs seeking to launch a business venture in Singapore.

The reforms will see enhanced co-investment support for ventures in the area of deep technology in domains such as medical technology, clean technology and advanced manufacturing, to boost growth in private sector investment.

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2. Innovative logistics lab opens in China

Zebra Technologies, Digital China and JD.com have joined forces to develop a state-of-the art facility entitled the “IoT + Ecommerce Logistics Lab.”

The facility will enable the alliance to research and develop, prototype implementation, test and evaluation, and conduct application demonstrations, all of which will support the creation of next-generation logistics solutions.

JD.com also has plans to improve the productivity of its current picking and packaging operations using mobile devices; increase the visibility of the tens of thousands of trays and cage trolleys.

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3. Recommended Reading: WhatsApp joins arsenal of online luxury amid race for customers

Online luxury retailer Yoox Net-a-Porter said it’s developing technology to allow customers to buy products directly through WhatsApp as the ecommerce market for Prada and Versace goods becomes more competitive.

By becoming one of the first companies to use WhatsApp to sell directly to customers, Yoox Net-a-Porter is seeking a leg up on competitors like Farfetch and luxury brands’ own sites.

Read the rest of the story here.

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