What is the potential of Southeast Asia’s digital investing sector? As Grab and Gojek enter a crowded market, we review the different players and their strategies.
It also announced consumer loans via a third-party platform as well as buy-now-pay-later payment plans for select ecommerce sites.
The Seoul-based investment firm will be investing US$100 million from one of its funds, while the remaining will come from co-investors.
A merged Ovo-Dana would make up almost half of Indonesia’s digital payment transaction values. But GoPay has Facebook’s support up its sleeve.
Covid-19 has claimed another startup. But even before the pandemic struck, the ride hasn’t been smooth for the car-sharing network, says its co-founder.
With the company’s focus on its home country, it’s unclear how much importance Gojek is putting on its regional expansion in Southeast Asia.
It might also no longer be able to provide drivers with extra financial support if Singapore’s circuit breaker restrictions are extended.
Food delivery operators have been thrust into the spotlight for the hefty fees they’re commanding from struggling food establishments.