Across Southeast Asia, rising tech startups and firms are vying for glory in 2018. While artificial intelligence (AI) and augmented reality (AR) may be touted as the next big things in Silicon…
China’s Bike-Share Market a Failure of Transparency and Tech
Bluegogo, one of China’s largest bike-share companies, appears on the edge of ruin, with its office empty, debts unpaid and its CEO suddenly absent. The firm, which has raised $58 million and…
China is Making 2018 a Great Year for Southeast Asian Tech
It’s been a busy year for Southeast Asia’s dealmakers. The region has seen a vast uptick in big funding rounds, in companies such as Malaysian ride-hail app Grab and Indonesia’s e-commerce platform Tokopedia.…
Indonesia’s Tokopedia wins $1.1bn Alibaba-led Round
Tokopedia, one of southeast Asia’s leading e-commerce companies, has received a $1.1 billion funding round led by China’s Alibaba, which will see the latter become a minority stakeholder. The round, which follows…