By Ardi Wirdana
The Paytm founder speaks on moving from payments and e-commerce to a wider financial services play.
The arrival of Go-Jek in Singapore is highly anticipated as it is expected to revive competition in a market where rival Grab currently holds an 80% market share.
Year to date, five new companies have entered India’s unicorn club—Swiggy, PolicyBazaar, Freshdesk, Udaan and Oyo.
Indonesia’s state-owned pawn shop Pegadaian has announced the launch of a fintech unit, G5TAR.
Singapore’s LTA will grant licences to Chinese players, Mobike and ofo, and SG Bike among others.
Dubai-headquartered Careem suspended services in Oman in 2017 shortly after launching when the government asked it to first work with licensed taxis.
Flipkart’s payments arm PhonePe may raise funds separately as it seeks to catch up with bigger rival Paytm
These social startups are riding on the user bases of platforms like WhatsApp to build e-commerce solutions for the next 200-300 million users in India.
It is understood that Go-Jek filed its application for launching services in Philippines on August 13, oblivious of the memorandum that had been put in place just days earlier. The Philippines, along with Thailand and Singapore, are among the four Southeast Asian countries Go-Jek has identified as their target markets for expansion.
After buying Jump Bikes, a U.S. bike-rental service, Uber is set to unveil its own scooter, plunging into a chaotic new transit market.