go-jek
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Trends
Indonesia’s ride-hailing giant Gojek launches video streaming service GoPlay
On-demand video streaming giant Netflix, which is increasingly expanding its footprint in developing markets, now has a new competitor in…
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Trends
The “world’s largest internet restaurant company” quietly raised $125 million this month
In May, venture capitalist Michael Moritz of Sequoia Capital warned in a Financial Times column that Amazon’s recent $575 million…
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Finance
Warburg Pincus announces new $4.25 billion fund for China and Southeast Asia
Warburg Pincus, the private equity fund with over $60 billion under management, is doubling down on Asia after it announced…
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Trends
MAX.ng raises $7M round backed by Yamaha and pilots EVs in Nigeria
Nigerian motorcycle transit startup MAX.ng has raised a $7 million funding round led by Novastar Ventures, with participation of Japanese…
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Finance
EV Growth closes $200M fund to cover Southeast Asia’s Series B funding gap
East Ventures has long been known as one of Indonesia’s longest-serving and most active seed-stage investors, but now it has…
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STARTUPS
A young entrepreneur is building the Amazon of Bangladesh
At just 26, Waiz Rahim is supposed to be involved in the family business, having returned home in 2016 with…
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Trends
China’s JD.com tests drone delivery in Indonesia in first overseas pilot
We hear a lot about drones having the potential to revolutionize delivery and logistics. It’s easy to be dismissive —…
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Trends
Warung Pintar raises $27.5M to digitize Indonesia’s street vendors
The digital revolution in Indonesia, Southeast Asia’s largest economy, continues to attract big money from investors. Hot on the heels…
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Finance
Go-Jek buys fintech startup Coins.ph for $72M ahead of Philippines expansion
Ride-hailing startup Go-Jek’s expansion into the Philippines ran into problems earlier this month over its ownership structure, but that isn’t…
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Trends
Grab moves to offer digital insurance services in Southeast Asia
Grab is Southeast Asia’s top ride-hailing firm, thanks in no small part to its acquisition of Uber’s local business last…
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