Very similar to its move in the Philippines, Gobi has also launched a $10-million micro-fund for Indonesia called the Gobi-Agung Fund.
The move by Go-Jek further strengthens its grip on fintech and cashless payments.
EZAdvance intends to use Alconomy's technology to provide digital banking services in the Philippines.
The Philippine transport regulator has denied Go-Jek's application to launch ride-hailing services in the country over foreign ownership issues.
The Land Transportation Franchising and Regulatory Board (LTFRB) denied the petition of Go-Jek's subsidiary to become the newest ride-hailing service
This is FlySpaces' second acquisition after it bought Malaysian work space platform 8Spaces in 2016.
JFC paid $10 million to acquire the remaining 15-per cent stake held by Smashburger Master LLC.
The investment was made through a through a series of transactions at the Philippine Stock Exchange (PSE) over the past two months.
Founded in 2017 by Roland Ros, Rexy Dorado, Andrew Pineda, Clare Ros, and Angelo Mendez, Kumu allows fans to tip their favourite content creator on th
Grab's partnership with SM will expand the mobile wallet's usage beyond transport and deliver services.
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