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Indonesian Government launches NextICorn Foundation to breed more unicorns

This week, Indonesian IT Minister Rudiantara has launched the NextICorn (short for Next Indonesian Unicorns Foundation) as part of an effort to boost the country’s growing digital ecosystem. The foundation is intended to establish long-term cooperation between the government and key ecosystem stakeholders in Indonesia, which is expected to assist and accommodate the development of […]

Go-Jek is Indonesia’s first ‘Decacorn’

This places Go-Jek as one of the 20 decacorns across the world, while other Indonesian unicorns on CB Insights' list are Tokopedia, Traveloka, and Bukalapak.

A win-win cooperation for Airbnb and Oyo?

The deal will give the home-sharing site a new angle on China and other Asian markets.

Australia’s Newest Tech Unicorn is Three-year-old Payment Startup AirWallex

This makes AirWallex the fourth unicorn in Australia, following graphic design firm Canva, serial imagery startup Nearmap, and Sydney software company Atlassian.

Bike-Sharing firms are hitting a dead-end in Asian Markets

Dockless bike-sharing startups are hitting the breaks and pulling out of markets in Asia
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