Founded in 2021 as a quick commerce service called Radius, Bakool pivoted to a social commerce model in the last five months. Go to Source
Author: Tech In Asia Online News
Grab to freeze hiring, forego merit increases for senior positions
There were no mentions of layoffs in the company’s plans to cope with the economic downturn, according to a Reuters report. Go to Source
Grab appoints new head for Vietnam
Alejandro Osorio was the former managing director of Grab Thailand. Go to Source
Grab is leveling the playing field for MSMEs with its merchant super app
It leverages e-learning, digital ads, and financial services to give Southeast Asia’s small businesses a leg up. Go to Source
GoTo’s market value drops to $6.1b, about half of rival Grab’s
The development comes as GoTo’s share price continues to slump after its stock lockup period ended on November 30. Go to Source
How Carsome can drive its way into the black
We explore what Carsome’s bumpy journey to breaking even could look like and check out a VC firm’s fourth fund. Go to Source
Gogoro to launch EV battery stations and scooters in the Philippines
The Taiwanese firm is entering the Philippines through a strategic partnership with 917Ventures and Ayala Corporation. Go to Source
A closer look at how East Ventures is driving ESG impact in Southeast Asia
The VC has developed formal processes and toolkits to support ESG efforts across its ecosystem. Go to Source
Former Grab director’s influencer platform banks $13m
TipTip enables influencers to create content and connect directly to their fans. Go to Source
Gojek, ComfortDelGro announce ride-hailing partnership
The two inked an agreement to explore giving Gojek access to ComfortDelGro’s taxis on the former’s app. Go to Source