Grain is Gaining $10 M From Its Series B
Grain food Maybe grocery deliveries just not right for Singapore. The busy country needs a more prepared stuff, like food. Easily and deliciously delivered to customer's hand. That's why Honestbee failed while Grain found itself profitable....
Malaysia Cuts Key Rate by 25 bps to 3%
For the first time in almost 3 years, the central bank of Malaysia decided to slash its key rate. The move, which aims to ease monetary policy, was the first among Southeast Asian nations. The cut took effect on Tuesday....
Iflix: Not Just Asian Version of Netflix
Iflix logo With the big dream of disturbing a whole industry, Patrick Grove and Mark Britt co-founded Iflix in 2014. At the time, video-on-demand platform was not big in Southeast Asia. But the company grew significantly...
Jungle Ventures Set the Biggest Fund for Startups in Southeast Asia
Amit Anand and Anurag Srivastava founded Jungle Ventures back in 2012. It only started with a very small debut fund at $10 million dollars. Various fund raising in Europe, USA, Asia and Middle-East got the firm grow big. In 2016,...
South Korea Suffers Surprise Negative Q1 Growth
South Korea’s central bank shocked analysts when it announced its economy suffered a contraction of 0.3% in the first quarter of 2019. The announcement has prompted several economists to downgrade their 2019 growth forecasts for the East Asian nation. Compared...
VNG to Broaden Cashless Payment in Southeast Asia
Inside of VNG headquarters Founded VNG in 2004, Le Hong Minh initiated the company for his love of gaming. Being a passionate gamers since the earliest days of computer gaming didn’t lead him to became a...
Lotte Group: From Chewing Gum to Department Stores
Lotte Tower in Seoul, as captured by C Dayrit at unsplash.com It all started with a chewing gum. A young South Korean business man was selling chewing gum to children in post war Japan at 1948....
Tencent Strategies to End The Dark Days
It seems like it’s going to be a very busy year for Tencent this year. Last year, it went through its darkest days thanks to the new regulation in China. Chinese government banned the release of new games for about...
Oppo Embarks as Wimbledon’s First Asian Partner
The tennis tournament, Wimbledon just announced its’ upcoming partnership with an Asian company. Oppo and Wimbledon signed a five years exclusive contract for “official supplier” for the tournament. The Chinese company would be the first smartphone partner for the tournament....
Pathao Attempts to Be the Super App
Concerned with the traffic problem in his hometown, Hussain M Elius made a small solution. With five of his friends as the riders, Elius founded Pathao in 2013. He was inspired by Go-Jek, which later become one of its’ key...
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