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The financial services company has its international headquarters in Singapore, which is home to its first PayPal Innovation Lab outside the United States. Opened in 2016, the Lab has incubated fintech start-ups and helped pioneer some of the first cashless restaurants in Singapore. It continues to conduct joint research with academics and universities in areas like artificial intelligence and machine learning to strengthen fraud detection.
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The video conference company’s presence in Singapore includes a Research & Development Center, which opened in 2020 and will eventually hire hundreds of local engineers, and a data center. Both are the first such investments by the company in Southeast Asia.
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In 2019, the networking, cloud, and cybersecurity company established its Cisco Singapore Co-Innovation Centre, which brings together insights from business leaders, government organizations, and start-ups to develop blockchain-enabled Internet of Things (IoT) solutions for a range of industries—including transportation, utilities,
smart cities, and manufacturing.
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In 2020, the social media giant set up its first Asia-Pacific engineering center in Singapore, and recently announced plans to double the size of this team by 2023. This builds on the company’s Asia-Pacific headquarters in Singapore, which opened in 2015.
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The digital technology and intelligence backbone of Alibaba Group has a significant Singapore workforce. Its employees in the country help to implement the company's innovative cloud offerings to customers both locally and in the larger region, and oversee its security compliance capabilities, among other focus areas. Alibaba Cloud also operates three data centers in Singapore.
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The global financial services and software company builds products for Asia from its regional headquarters in Singapore. In the last two years, for example, Stripe’s engineering team in Singapore helped build support for Financial Process Exchange (FPX), a Malaysia-based payment method that enables customers to complete transactions online using their bank credentials.
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Originally founded in Malaysia, the “super app” technology company—Southeast Asia’s first “decacorn”—relocated to Singapore in 2014, setting up its global headquarters there with an engineering and data science team. It now has over 6,000 employees worldwide, with more than 3,000 of them based in Singapore.
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The technology company has over 2,000 employees in Singapore, many of whom work in the company’s regional headquarters in Mapletree Business City. Google’s engineering teams in Singapore are responsible for building products like Google Pay, as well as products for the company’s ‘Next Billion Users’ initiative for emerging markets.
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The global software company has an extensive and growing R&D presence in Singapore, through facilities such as a Global Innovation Center for Machine Learning, an SAP Experience Center Singapore for customer innovation, and a first of its kind Experience Management Center of Excellence that enable its customers to achieve a sustainable and intelligent enterprise vision.
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Alibaba Cloud
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Singapore’s downtown core is already home to some of the world’s most innovative tech companies, who are using the city-state as a beachhead for Asia.