Khamila Mulia

The firm has invested in SaaS platform Vouch, grocery delivery startup Dropezy, and edtech provider Marathon.

While the BNPL payment method may boost e-commerce spending, it can also drive consumerism and potential debt among consumers.

Bigo Live reached 29.5 million average monthly active users in the second quarter of the year.

With a new dark store network, Dropezy will offer 20-minute deliveries to customers who live close to its distribution hubs.

The company currently serves 800 enterprise clients, 100,000 merchants, and 20 million consumers worldwide.

Traveloka experienced major turbulence in 2020 due to the pandemic, but the firm said its business is recovering.

BliBli and GoTo have acquired stakes in local grocery retailers.

With deeper balance sheets, banks have the resources to develop BNPL products but that doesn’t guarantee replication of fintech innovation.