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Over a year old, Foundation Ventures is operated by three former investment bankers who are claiming their stake in a maturing investment ecosystem.

There are over 40,000 local eateries in Jakarta generating monthly incomes of USD 3,000 each. Tech firms are tapping the sector.

The Aqumon app, which has been downloaded 100,000 times, offers access to low-cost ETF portfolios.

Lufax’s initial public offering would become one of the biggest by a Chinese company in the US this year.

Since its launch in September 2019, the customer base has jumped to 25,000 employees, processing salaries of up to USD 1 million per month.

The move would also help improve the acceptance of digital payments across the country.

On December 15 and 16, 36Kr Global will hold its “Hello World 2020” year-end event reviewing the changes and trends in the global business landscape in 2020.

For BRI Ventures, investments also have to serve the greater good, chief investment officer William Gozali told KrASIA in episode 10 of Venture Matters TV.

The move comes months after Alibaba announced a USD 1.5 billion investment plan to strengthen the AI and Internet-of-Things (AIoT) ecosystem around its smart speaker Tmall Genie.

Measure would open door to retaliation for Washington’s targeting of TikTok and WeChat.