Announcements

Ecosystem

Events

Features

Insights

News

Opinion

Q&As

China

Southeast Asia

Rest of World

Places

KrASIA Connection

Profiles in Tech

Venture Roundup

Open Source

Startup Wire

Our Events

View All Collections

Collections

About

36Kr (EN)

Venture capital is a type of private equity, a form of financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth.

Venture Capital

Indonesia

Indonesian startups must start preparing strategies to tap into the country's tier-2 and tier-3 cities as these locations will outpace growth in metropolitan areas, according to a report recently released by venture capital firm Alpha JWC in collaboration with consulting firm Kearney. Titled “Unlocking the next wave of digital growth: Beyond metropolitan Indonesia,” the report says that lower-tier cities' share of the national gross domestic product will go from 3% to 5%, or from USD 46 billion to USD 77 billion, by 2030.

Non-metro unicorns are coming to Indonesia, Alpha JWC says | KrASIA

Home

Non-metro unicorns are coming to Indonesia, Alpha JWC says

Spotlighting Asia&#039;s next wave of innovations.

KrASIA

https://secure.gravatar.com/avatar/9f885978867e2c48927ed4d07130e065?s=96&d=mm&r=g

Khamila Mulia

A peek into the booming tech ecosystem of Southeast Asia.

SEA Tech

E-commerce is the activity of buying or selling of products on online services or over the Internet. 

E-Commerce

Fintech is the new applications, processes, products, or business models in the financial services industry, composed of one or more complementary financial services and provided as an end-to-end process via the internet.

Fintech

An on-demand service platform connects waiting-time-sensitive customers with independent service providers.

On-Demand Services

Malaysia

Singapore

Malaysian-headquartered, budget airline AirAsia is going the extra mile. In October, its "ASEAN super app for everyone" went live, and the company has been adding new features to it ever since. Users in Malaysia can use the app to hail rides and access digital health services to book doctor appointments, while people in Singapore can order meals that are brought to their doorstep.

AirAsia's new services take flight in bid to form Southeast Asia's next super app | KrASIA

AirAsia&#8217;s new services take flight in bid to form Southeast Asia&#8217;s next super app

ByteDance or Beijing ByteDance Technology Co Ltd. is a Chinese Internet technology company operating several machine learning-enabled content platforms, headquartered in Beijing. It was founded by Zhang Yiming in 2012. ByteDance's core product, Toutiao, is a popular content platform in China.

Bytedance

Bringing together the latest business insights and trends of China's tech ecosystem.

China Tech

Tiktok

Live Streaming

With the spread of Internet global accessing (fastest Internet broadband connection TCP with accumulator cables and semi-fast connection), Short Video services have become very popular online. 

Short Video

TikTok is currently hiring for various roles related to e-commerce in Indonesia and Singapore.

TikTok to begin livestreaming e-commerce in Indonesia at onset of Ramadan, report says | KrASIA

TikTok to begin livestreaming e-commerce in Indonesia at onset of Ramadan, report says

Retail

Orami boasts more than 5 million monthly active users, as well as a large and loyal community and customer base.

E-commerce site Sirclo acquires parenting platform Orami to push social commerce | KrASIA

E-commerce site Sirclo acquires parenting platform Orami to push social commerce

Facebook, Inc. is an American online social media and social networking service company based in Menlo Park, California.  It is considered one of the Big Four technology companies, alongside Amazon, Apple and Facebook. 

Facebook

Japan, Korea, and the West

Entertainment is a form of activity that holds the attention and interest of an audience or gives pleasure and delight. 

Entertainment

Facebook is planning to build two new undersea cables with partners to connect Indonesia, Singapore, and the United States and boost internet capacity in Southeast Asia.The social network will work with Google and Indonesian telco XL Axiata on Echo, a cable that is expected to be completed in late 2023. It will team up with Telin, a subsidiary of Indonesia's Telkom, and Singaporean conglomerate Keppel for the development of a separate cable named Bifrost, which will be finalized in 2024.

Facebook is building Southeast Asia's new internet infrastructure | KrASIA

Facebook is building Southeast Asia&#8217;s new internet infrastructure

GrabTaxi Holdings Pte. Ltd. is a transportation network company based in Singapore. In addition to transportation, the company offers food delivery services via mobile app. It operates in the Southeast Asian countries of Singapore, Malaysia, Indonesia, Philippines, Vietnam, Thailand, Myanmar, and Cambodia. 

Grab

Grab Financial Group’s senior managing director Reuben Lai says he is passionate about using business channels to create impact and change in the lives of Grab customers.Lai joined Grab in 2015 when the company offered just one service—rides. He was a believer in Anthony Tan’s mission to build a company that has a dual bottom line in financial outcomes and social influence. “That resonated with me,” Lai told KrASIA.

Grab Financial Group’s Reuben Lai on banking on the unbanked | KrASIA

Grab Financial Group’s Reuben Lai on banking on the unbanked

Investors

B Capital Group on Thursday said that it closed a USD 415 million fund for a new category called "Elevate" and that it will open a presence in China, where it appointed former Softbank Vision Fund partner Daisy Cai as country head.

B Capital launches new USD 415 million fund and expands to China | KrASIA

B Capital launches new USD 415 million fund and expands to China

Gojek is a transportation network company and logistics startup company based in Jakarta, Indonesia.

Gojek

Shopee

Ride-hailing encompasses a range of companies and services, including traditional taxis and car services. 

Ride-hailing

Transport or transportation is the movement of humans, animals, and goods from one location to another. 

Transportation

The pandemic has sapped the income of gig workers in Indonesia. Yet, there are opportunities in the digital economy for those who switch gears quickly.

‘I lost my bike and could barely afford my three meals’—how the virus hit Indonesia’s gig drivers | Tech in Culture | KrASIA

‘I lost my bike and could barely afford my three meals’—how the virus hit Indonesia’s gig drivers | Tech in Culture

Smartphones

Smartphone sales in the country grew throughout the year and topped in the fourth quarter of 2020, with 20% sold online, said Counterpoint, which was analyzing shipment data. Lazada was the leading e-commerce site, followed by Shopee. “Blibli, Akulaku, Bukalapak, and JD.id made up a smaller proportion,” explained senior analyst Glen Cardoza.