Indonesia’s GoTo, formed from the landmark merger of on-demand app Gojek and e-commerce company Tokopedia this year, expects to benefit from the diversification and economies of scale, which would not have been possible had the companies remained individual players. “It [the merger] has helped to compete with other others in Indonesia, the largest economy in… Continue reading Watch GoTo’s Patrick Cao explain the economics behind Gojek-Tokopedia merger …
Author: Deal Street Asia Online News
Catch Reuben Lai of Grab Financial speak on the company’s next phase of growth …
While it’s still early days for the fintech major Grab Financial Group (GFG), it’s chief Reuben Lai has led it through a series of milestones last year — winning a digibank licence in Singapore, raising a $300 million Series A round, and negotiating the complexities of the region’s largest and most coveted market, Indonesia. The… Continue reading Catch Reuben Lai of Grab Financial speak on the company’s next phase of growth …
Catch this video to know why Mad Street Den CEO thinks AI is ripe for mainstream adoption
Artificial intelligence applications are inching their way to mainstream adoption and it is just around 3-4 years from largescale deployment, according to Ashwini Asokan, CEO & co-founder of AI specialist Mad Street Den. Asokan was a direct beneficiary of the AI boom, as companies across verticals realised the need to deploy their data better and… Continue reading Catch this video to know why Mad Street Den CEO thinks AI is ripe for mainstream adoption
Watch Haresh Chawla explain why he thinks India will soon be a major tech product creator
The IPO of Freshworks in the US will make India join Silicon Valley, Israel, and Scandinavia as a technology product creator over the next decade, believes Haresh Chawla, partner at private equity firm True North. “India has come to a stage where services like Zenoti, Zoho, BrowserStack, and Postman are trying to create global products… Continue reading Watch Haresh Chawla explain why he thinks India will soon be a major tech product creator
IDX is keen to attract more tech listings. Watch Pandu Sjahrir explain the bourse’s plans
On August 6, 2021, Indonesian e-commerce unicorn Bukalapak became the first tech unicorn of its generation to make a debut on the Indonesia Stock Exchange (IDX) after raising $1.52 billion in its IPO in the bourse’s biggest offering since Adaro Energy’s issue in 2008. The IDX is now keen on attracting more such listings, given… Continue reading IDX is keen to attract more tech listings. Watch Pandu Sjahrir explain the bourse’s plans
Top PE fund managers expect LP allocations to Asia to go up. Watch the full video here
Private equity fund managers expect limited partners to increase allocations to the Asia Pacific. “Asia is reaching, in terms of size, skill, depth, and maturity, a stage where it probably will attract more capital as it has more experienced managers, more exit avenues, and mature private markets to take such capital,” said Sunil Mishra, a… Continue reading Top PE fund managers expect LP allocations to Asia to go up. Watch the full video here
Chinese VC firm Eastern Bell raises $2b for latest RMB and USD funds …
Chinese venture capital firm Eastern Bell Capital has raised more than 13 billion yuan ($2.04 billion) in its latest funding round, boosting the firm’s investment firepower in the world’s second largest economy. The investor in electric-car maker Xpeng Inc and Uber-like truck startup Full Truck Alliance Co raised the money through a yuan-denominated fund and… Continue reading Chinese VC firm Eastern Bell raises $2b for latest RMB and USD funds …
Foodpanda’s quick Japan exit highlights Asia’s delivery wars
In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to… Continue reading Foodpanda’s quick Japan exit highlights Asia’s delivery wars
Sea’s expansion is moving at full throttle but will the momentum last?
Premium Without a doubt, Singapore’s Sea Group has been aggressive in its expansion this year. Yet, retail investors of the Southeast Asian tech giant may be showing the first signs of wavering confidence after pushing its share price up throughout 2020 and most of 2021. Go to Source
John Riady explains the pillars transforming Indonesia’s Lippo Group. Watch the video …
In many ways, the Lippo Group is a proxy for the Indonesian economy. Its interests in various verticals — real estate, private healthcare, and tech investments — place it at the centre of SE Asia’s largest economy. Lippo’s CEO John Riady has focused on concentrating on the sweet spots in real estate and healthcare businesses.… Continue reading John Riady explains the pillars transforming Indonesia’s Lippo Group. Watch the video …