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36Kr (EN)

Bukalapak

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

Retail

Indonesia

Bukalapak has reportedly hired Bank Mandiri's securities arm to seek a merger with a US-based blank-check company.

Bukalapak raises new funds from Microsoft, eyes local listing, report says | KrASIA

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Bukalapak raises new funds from Microsoft, eyes local listing, report says

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

KrASIA

https://secure.gravatar.com/avatar/8b367dd53cb9fcc8c7867a9e1bddfadd?s=96&d=mm&r=g

Ursula Florene

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

Merger &amp; Acquisition

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

Singapore

Grab announced today that it will undergo a SPAC merger with Altimeter Growth Corporation (NASDAQ: AGC) that will place a USD 39.6 billion valuation on the Southeast Asian company.

Grab steers into New York for world's largest SPAC merger | KrASIA

Grab steers into New York for world&#8217;s largest SPAC merger

Sea Group

Shopee

ea Group's e-commerce platform Shopee is facing allegations of underpaying its Indonesian couriers, as some drivers claim that their pay per delivered package was reduced.The information was first shared on Twitter, showing a chat between a Shopee Express courier and a customer, who asked why his package had not been shipped yet. The courier explained that they were on strike as their pay for each package was cut from IDR 2,000 (USD 0.14) to IDR 1,500 (USD 0.10).

Anger boils in Indonesia as Shopee allegedly underpays its couriers | KrASIA

Anger boils in Indonesia as Shopee allegedly underpays its couriers

Singapore-based accelerator venture capital firm Accelerating Asia announced the fourth cohort of its flagship 100-day program for pre-Series A startups. The 11 new portfolio companies hail from Singapore, Indonesia, Pakistan, and Bangladesh, and cover ten industries.The firm's co-founder and general partner Amra Naidoo said that for this batch, the firm received a record number of applications from 500 startups from 30 countries. "With just 2% of startups selected, the chosen 11 will be part of our largest cohort and are eligible to receive up to SGD 200,000 (USD 149,000) in investment from our VC fund," she said in a statement.

Singapore's Accelerating Asia announces fourth cohort ahead of widened regional reach | KrASIA

Singapore&#8217;s Accelerating Asia announces fourth cohort ahead of widened regional reach

Private Equity

As the Indonesian startup ecosystem develops and matures, companies are now, more than ever, in need of high-quality talents to supercharge growth. However, the lack of skilled digital talent has been an ongoing problem in Indonesia. The World Bank projects that by 2030, the country will face a shortage of 9 million skilled and semi-skilled workers in the information and communications technology sector.

Can ESOPs help Indonesian startups lure and retain top talent? | KrASIA

Can ESOPs help Indonesian startups lure and retain top talent?

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

China Tech

Tencent Holdings Limited is a Chinese multinational investment holding conglomerate whose subsidiaries specialize in various Internet-related services and products, entertainment, artificial intelligence and technology both in China and globally.

Tencent

Creative

The game industry is the economic sector involved in the development, marketing, and monetization of games. It encompasses dozens of job disciplines and its component parts employ thousands of people worldwide.

Gaming

Garena's mobile shooting game Free Fire has overtaken Tencent's PUBG Mobile as the top battle royale game by player spending in the first quarter in the US, generating about USD 100 million in revenue against USD 68 million for PUBG, according to analytics firm Sensor Tower.

Garena Free Fire tops Tencent's PUBG Mobile for the first time in the US | KrASIA

Garena Free Fire tops Tencent&#8217;s PUBG Mobile for the first time in the US

Malaysia

Following robust growth in international markets, Jet Commerce aims to double its revenue this year.

After strong international performance in 2020, Jet Commerce touches down in Malaysia | KrASIA

After strong international performance in 2020, Jet Commerce touches down in Malaysia

Battery

Electric Vehicles

Mobility

Oyika is looking to revolutionize the nascent EV market in the region with its battery-swapping technology.

Battery swapping is potential key to overcoming slow EV adoption in Southeast Asia | KrASIA

Battery swapping is potential key to overcoming slow EV adoption in Southeast Asia

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

Gojek

Food Delivery

Grocery Delivery

Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption in order to meet requirements of customers or corporations. 

Logistics

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

On-Demand Services

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

Ursula Florene

Bukalapak raises new funds from Microsoft, eyes local listing, report says

Grab steers into New York for world’s largest SPAC merger

Anger boils in Indonesia as Shopee allegedly underpays its couriers

Singapore’s Accelerating Asia announces fourth cohort ahead of widened regional reach

Can ESOPs help Indonesian startups lure and retain top talent?

Garena Free Fire tops Tencent’s PUBG Mobile for the first time in the US

After strong international performance in 2020, Jet Commerce touches down in Malaysia

Battery swapping is potential key to overcoming slow EV adoption in Southeast Asia

Many forks in the road: Gojek’s ride to the stock market