Today we’re going to speak to a wholly owned subsidiary of Alibaba Group that focuses specifically on travel arrangements.

Launched in 2016, Fliggy is an online marketplace that helps users in and out of China to book for flights, accommodation, train tickets, group travel essentials and attraction tickets. 

The firm said it leverages Alibaba Group’s product and technical development abilities to enhance its user experience and service capabilities to better meet consumer’s needs. 

So far, the platform has a user base of over 320 million registered users. But what is the significance of Fliggy to the wider Alibaba Group? 

And where does the company fit in Alibaba’s portfolio, after the parent company announced a restructuring effort in March 2023?

Meanwhile, Alibaba said Fliggy’s gross merchandise value sales increased rapidly year-over-year during the quarter ended September 2023, driven by a strong recovery in both domestic and international travel demands. 

But what is the magnitude we are looking at and how is Fliggy positioning itself for future growth? Are there any plans to also list Fliggy on regional stock exchanges soon?

On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Simeon Shi, Chief Strategy Officer, Fliggy.

Today we’re going to speak to a wholly owned subsidiary of Alibaba Group that focuses specifically on travel arrangements.
Launched in 2016, Fliggy is an online marketplace that helps users in and out of China to book for flights, accommodation, train tickets, group travel essentials and attraction tickets. 
The firm said it leverages Alibaba Group’s product and technical development abilities to enhance its user experience and service capabilities to better meet consumer’s needs. 
So far, the platform has a user base of over 320 million registered users. But what is the significance of Fliggy to the wider Alibaba Group? 
And where does the company fit in Alibaba’s portfolio, after the parent company announced a restructuring effort in March 2023?
Meanwhile, Alibaba said Fliggy’s gross merchandise value sales increased rapidly year-over-year during the quarter ended September 2023, driven by a strong recovery in both domestic and international travel demands. 
But what is the magnitude we are looking at and how is Fliggy positioning itself for future growth? Are there any plans to also list Fliggy on regional stock exchanges soon?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Simeon Shi, Chief Strategy Officer, Fliggy.

We speak with businesses, industry leaders, venture capitalists and startups on their assessment of the business environment they're in, and what the future holds for them.

We speak with businesses, industry leaders, venture capitalists and startups on their assessment of the business environment they're in, and what the future holds for them.

Under The Radar

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

MONEY FM 89.3 is Singapore’s first and only Business and Personal Finance station. MONEY FM is a 24-hour English talk format station featuring local and international business and financial news. We provide you with financial market and currency updates and insights from analysts, economists, policy makers, industry experts and business owners.

In the lighter hours, listen to discussions on social issues and features on topics that include health, education, arts and music.

MONEY FM 89.3 is Singapore&rsquo;s first and only Business and Personal Finance station. MONEY FM is a 24-hour English talk format station featuring local and international business and financial news. We provide you with financial market and currency updates and insights from analysts, economists, policy makers, industry experts and business owners.
In the lighter hours, listen to discussions on social issues and features on topics that include health, education, arts and music.

MONEY FM 89.3 is Singapore’s first and only Business and Personal Finance station.

MONEY FM 89.3

Under the Radar: Alibaba’s travel business Fliggy on travel demand before CNY, maximising GMV through partnership with Agoda, Booking.com, and odds of an IPO

This time, Money Matter’s finance presenter Chua Tian Tian reports from aboard the new Disney Adventure, the first Disney Cruise Line ship for guests in Asia and also the first to be homeported out of Singapore.

Drawing on over 100 years of storytelling from Disney, Marvel and Pixar franchises, Disney Adventure promises to fill everyone with endless adventures and a magical experience.

The ship has a passenger capacity of 6,700 and boasts seven themed areas, including the Marvel Landing which features the longest rollercoaster at sea. 

Its maiden voyage will take place on the 10th of March or next Tuesday, and will operate as a “Cruise to Nowhere”. 

In this Special, “On the Go” episode of Under the Radar, Tian Tian brings you more on the christening ceremony of Disney Adventure, as well as a sneak peek into what to expect aboard as she spends the next couple of days exploring the ship during its preview sailing.

This time, Money Matter&rsquo;s finance presenter Chua Tian Tian reports from aboard the new Disney Adventure, the first Disney Cruise Line ship for guests in Asia and also the first to be homeported out of Singapore.
Drawing on over 100 years of storytelling from Disney, Marvel and Pixar franchises, Disney Adventure promises to fill everyone with endless adventures and a magical experience.
The ship has a passenger capacity of 6,700 and boasts seven themed areas, including the Marvel Landing which features the longest rollercoaster at sea.&nbsp;
Its maiden voyage will take place on the 10th of March or next Tuesday, and will operate as a &ldquo;Cruise to Nowhere&rdquo;.&nbsp;
In this Special, &ldquo;On the Go&rdquo; episode of Under the Radar, Tian Tian brings you more on the christening ceremony of Disney Adventure, as well as a sneak peek into what to expect aboard as she spends the next couple of days exploring the ship during its preview sailing.

Under the Radar: (SPECIALS) A sneak peak into the new Disney Adventure homeported out of Singapore

Today we’re going to take you through the ins and outs of a leading independent digital wealth platform in Asia that provides bespoke investment solutions for personal savings, private wealth and even public pension (say in the case of CPF and SRS in Singapore). 

Founded in 2017, our guest for today Endowus operates out of both Singapore and Hong Kong with a vision to help investors grow their wealth holistically and offer what it describes as conflict-free advice and access to institutional financial solutions, through a personalised digital wealth experience. 

Fast forward to today, the firm works with over 80 global fund managers to provide access to investment strategies across public and private markets, hedge funds and alternatives. 

The digital wealth platform had also in October 2025 crossed US$10 billion in assets under management after seeing record inflows and assets from Hong Kong customers tripling. The firm also noted that its alternative business surged to over US$500 million. 

So what’s driving the numbers and what are the growth trends for the firm with Federal Reserve interest rates set to fall further this year?

At the same time, Endowus also raised over US$70 million that same month, in a funding round led by Illuminate Financial and joined by existing investors including Citi Ventures and various Asian family offices. 

According to Tech Node Global, the firm said at the time that funds raised will be used to help the firm scale further, and to zoom in on creating retirement solutions and pension platforms in Singapore and Hong Kong. Resources will also be channelled to AI innovation, new B2B solutions for financial advisers and further geographic expansion. 

But how far are we seeing that play out? Where is Endowus moving into next and how will the role of its Singapore operations evolve?
 
Meanwhile, robo-advisory AutoWealth had in January 2026 become the second digital adviser for the CPF Investment Scheme after Endowus. So what does the move mean for Endowus then and will it double down on efforts to grow its market share right here in the Lion City?

On Under the Radar, Money Matters’ finance presenter Chua Tian Tian posed these questions to Samuel Rhee, Co-founder, Chairman and Group CIO, Endowus.

Today we&rsquo;re going to take you through the ins and outs of a leading independent digital wealth platform in Asia that provides bespoke investment solutions for personal savings, private wealth and even public pension (say in the case of CPF and SRS in Singapore).&nbsp;
Founded in 2017, our guest for today Endowus operates out of both Singapore and Hong Kong with a vision to help investors grow their wealth holistically and offer what it describes as conflict-free advice and access to institutional financial solutions, through a personalised digital wealth experience.&nbsp;
Fast forward to today, the firm works with over 80 global fund managers to provide access to investment strategies across public and private markets, hedge funds and alternatives.&nbsp;
The digital wealth platform had also in October 2025 crossed US$10 billion in assets under management after seeing record inflows and assets from Hong Kong customers tripling. The firm also noted that its alternative business surged to over US$500 million.&nbsp;
So what&rsquo;s driving the numbers and what are the growth trends for the firm with Federal Reserve interest rates set to fall further this year?
At the same time, Endowus also raised over US$70 million that same month, in a funding round led by Illuminate Financial and joined by existing investors including Citi Ventures and various Asian family offices.&nbsp;
According to Tech Node Global, the firm said at the time that funds raised will be used to help the firm scale further, and to zoom in on creating retirement solutions and pension platforms in Singapore and Hong Kong. Resources will also be channelled to AI innovation, new B2B solutions for financial advisers and further geographic expansion.&nbsp;
But how far are we seeing that play out? Where is Endowus moving into next and how will the role of its Singapore operations evolve? &nbsp; Meanwhile, robo-advisory AutoWealth had in January 2026 become the second digital adviser for the CPF Investment Scheme after Endowus. So what does the move mean for Endowus then and will it double down on efforts to grow its market share right here in the Lion City?
On Under the Radar, Money Matters&rsquo; finance presenter Chua Tian Tian posed these questions to Samuel Rhee, Co-founder, Chairman and Group CIO, Endowus.

Under the Radar: Endowus’ Chairman sheds light on what’s next for the firm after crossing US$10B in AUM

Semiconductors are the invisible foundation of our digital world – powering everything from data centres and electric vehicles to smartphones and even satellites. 

But behind the global chip ecosystem lies precision engineering firms that make tools and parts used in the manufacturing process. 

And our guest for today, Micro-Mechanics, is one of them. Founded in 1983, and listed on the SGX-Sesdaq in Singapore in 2003, the company designs and manufactures a range of consumable tools and parts used in the assembly and testing of semiconductors. 

The company also engages in the contract manufacturing of precision parts and tools used in process-critical applications for the semiconductor wafer-fabrication and other high-technology industries. 

In July 2008, the listing and quotation of Micro-Mechanics’ shares were upgraded to the SGX Mainboard. 

Today, Micro-Mechanics’ boasts a headcount of 450 globally, with five factories located in Singapore, China, Malaysia and the Philippines, as well as in Silicon Valley in the US. 

Micro-Mechanics is a company that we want to talk about right now, given how ongoing trade tensions and tariff spat between the US and China have thrusted the semiconductor industry and supply chain into the spotlight.

Despite global headwinds, Micro-Mechanics said it was somewhat sheltered given how it had plants set up in both China and the US. 

So how is the firm capitalising on its relative advantage in the global semiconductor supply chain right now, and what are the growth opportunities present within the industry right now?

How does the firm assess the role of its presence in Singapore, and the vibrancy of the local stock market in boosting its valuation?

In this Special episode of Under the Radar, Money Matters’ finance presenter Chua Tian Tian posed these questions to Kyle Borch, CEO, Micro-Mechanics.

Semiconductors are the invisible foundation of our digital world &ndash; powering everything from data centres and electric vehicles to smartphones and even satellites.&nbsp;
But behind the global chip ecosystem lies precision engineering firms that make tools and parts used in the manufacturing process.&nbsp;
And our guest for today, Micro-Mechanics, is one of them. Founded in 1983, and listed on the SGX-Sesdaq in Singapore in 2003, the company designs and manufactures a range of consumable tools and parts used in the assembly and testing of semiconductors.&nbsp;
The company also engages in the contract manufacturing of precision parts and tools used in process-critical applications for the semiconductor wafer-fabrication and other high-technology industries.&nbsp;
In July 2008, the listing and quotation of Micro-Mechanics&rsquo; shares were upgraded to the SGX Mainboard.&nbsp;
Today, Micro-Mechanics&rsquo; boasts a headcount of 450 globally, with five factories located in Singapore, China, Malaysia and the Philippines, as well as in Silicon Valley in the US.&nbsp;
Micro-Mechanics is a company that we want to talk about right now, given how ongoing trade tensions and tariff spat between the US and China have thrusted the semiconductor industry and supply chain into the spotlight.
Despite global headwinds, Micro-Mechanics said it was somewhat sheltered given how it had plants set up in both China and the US.&nbsp;
So how is the firm capitalising on its relative advantage in the global semiconductor supply chain right now, and what are the growth opportunities present within the industry right now?
How does the firm assess the role of its presence in Singapore, and the vibrancy of the local stock market in boosting its valuation?
In this Special episode of Under the Radar, Money Matters&rsquo; finance presenter Chua Tian Tian posed these questions to Kyle Borch, CEO, Micro-Mechanics.

Under the Radar: (SPECIALS) How far has Micro-Mechanics’ move to decentralise production help it navigate global trade tensions, and what are the opportunities in the global semiconductor industry? Its CEO spills the beans.

Under the Radar: Alibaba’s travel business Fliggy on travel demand before CNY, maximising GMV through partnership with Agoda, Booking.com, and odds of an IPO

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