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The new co-managed fund will focus on B2B e-commerce, platform-as-a-service (PaaS), health tech, and logistics companies.
First Circle raises fund to kickstart its plan beyond the Philippines.
One of the most important features for consumers in the Philippines to take note of would be the ability to top up ‘prepaid load’ — credits for data or phone usage — through GrabPay.
Southeast Asian ride-hailing duopoly will encounter an uphill battle in the Philippines.
An official with the country’s Land Transportation Franchising and Regulatory Board said that Go-Jek has set up a local affliate.
The ride-hailing company now wants to conquer South-East Asia, by creating the region’s next superapp.
The challenge is great, but the market also has great potential as there is not yet a dominant player.
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