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Introducing Indonesia’s Fifth Unicorn Startup, Ovo
News came out as early as in September and now the Indonesian fintech company Ovo has officially confirmed its unicorn status, following a recent statement from Rudiantara, Indonesia’s Communications and Information Minister. “I have talked with its founder, and it is indeed at over one billion. I dare to speak up about this after receiving […]
Google Report predicts 70 Aspiring Unicorns including iflix, Zilingo
There’s some good news despite the slowing global economy as Google, Temasek, and Bain & Company has recently released its “e-Conomy SEA 2019” report that now values Southeast Asia internet economy at US$100 billion. The 65-page report is the fourth in a series of annual reports published by internet giant Google and Singapore’s sovereign wealth […]
India’s 2019 Unicorns Count Now At Eight with Rivigo valued at US$1.05 billion
Rivigo is a trucking logistics firm that uses an innovative RaaS (Relay-as-a-Service) business model.
Where does the Philippines stand in Southeast Asia startup Ecosystem?
We can’t deny it. Southeast Asia is booming as we see Indonesia and Singapore becoming home to more than a dozen unicorns over the last decade. But then again, if we were to zoom into the Philippines, a different story was told. Just behind Indonesia, the Philippines is the second-largest country in Southeast Asia with […]
Why Southeast Asian Startups are Choosing Acquisition over IPO
8 in 10 startups are more likely to be bought out as compared to IPO.