News & Press
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India to focus on Deep Tech in 2019
Venture capital funding frenzy in B2B startups may continue
Indonesian startups in momentum for 2019
Today, Indonesia is home to four unicorns – Go Jek, Tokopedia, Traveloka, and Bukalapak – and thousands of startups. The potential for growth in the country’s digital industry has made it attractive to both investors and entrepreneurs so much that Google and Temasek said that Indonesia’s digital economy is projected to become the largest in […]
Southeast Asia to have 10 more unicorns by 2024, says Bain & Company
Southeast Asia is expected to produce at least 10 new unicorns by 2024, according to a report released by Bain & Company. This is given the region’s investment growth as an important catalyst amidst a maturing line of startups. Bain & Company reports that the new phase of investment growth with deal value projected to […]
Tokopedia rides O2O commerce tide with Mitra Tokopedia
Since Matahari Mall has entered the market with its Online-to-Offline (O2O) concept, the adoption of the service has been taken up by various players in Indonesia’s ecommerce industry. Indonesian online marketplace firm Tokopedia has also finally joined the O2O commerce tide with its newly launched app ‘Mitra Tokopedia‘. The application will extend its commerce battle […]
Grab vs. Go-Jek: The Battle for Ride-hailing Market Domination
The fight for domination in the ride-hailing market is heating up as ride-hailing giants Singapore’s Grab and Indonesia’s Go-Jek are forging new financial services alliance. With Go-Jek’s Singapore entry closing in, the Indonesian ride-hailing giant announced a tie-up with DBS Bank for regional payment. Shortly later, Grab revealed a strategic alliance with United Overseas Bank […]