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The ascent of e-commerce behemoths in China tells us consumers don’t care whether the platforms they use are backed by foreign capital.

Grab will have a 60 percent stake in the consortium entity while Singtel will hold 40 percent. 

2019 has been a year to remember for Indonesia’s tech community.

Started with six people in July 2019, SuperGaming now has a 28-member team and is gearing up for the launch of its social gaming platform.

Early-stage (Angel/Pre-Series A) investors committed USD 97.1 million in 2019, more than twice of USD 46.8 million in 2018.

Didi aims to rebuild its corporate image and ease the tension between the company and the public via an entertainment show after a series of missteps.

Alibaba is trying to gain more control over the smart vehicle operating system.

The Chinese internet giant had picked up a stake in Xpressbees with USD 35 million Series D investment in December 2017.

Tencent and ByteDance are also important players in this field.

The acquisition raises speculations about a Gojek’s new digital bank.