Ruangguru, an education tech startup founded by one of Indonesian President Joko Widodo’s “millennial advisors”, has secured a $150 million Series C funding round led by General Atlantic and GGV Capital. The…
The Five Best Coworking Spaces in the World
There is nothing new about coworking: its first recorded mention arrived in a 1628 book. But it has rarely been more popular. Berlin’s C-Space became one of the world’s first hackerspace when…
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…
Didi and SoftBank to Pour $2bn into Taxi Firm Grab
DiDi Chuxing and SoftBank are investing a combined $2 billion in Grab, formerly known as GrabTaxi, Southeast Asia’s premier ride-hailing app. The company, which operates in 65 cities across seven nations, is…
YOYO’s PopSlide to Pounce on Mobile’s Next Billion
by Anam Alpenia Smartphone purchases in the developing world are rocketing. In southeast Asia, where YOYO Holdings, an innovative mobile advertising firm has set up shop, the market is growing 65% year…