In a bold move to expand internationally, GreaterHeat, formerly known as Digicode, relocated from Hangzhou, China to Singapore. The decision was prompted by the Chinese government’s crackdown on cryptocurrency, affecting GreaterHeat’s core services. CEO David Li expressed his vision of global success, leading the company to new horizons.
With Singapore emerging as a hub for AI companies, GreaterHeat thrived in its new environment, posting impressive revenue growth and establishing a diverse team across different countries. Li praised Singapore’s business-friendly policies, multicultural society, and strategic location for global operations.
“The primary reason for AI companies being headquartered in Singapore is its high level of internationalisation” – GreaterHeat CEO David Li
Li’s strategic decision to move the company outside China paid off, with plans for long-term growth and collaboration with the Singaporean government. Despite challenges and regulatory changes, GreaterHeat remains resilient, embodying the spirit of innovation and adaptation in a dynamic global landscape.