With latest e-commerce tax, Indonesia wants to cash in on its unicorns

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The unicorns must be groaning in pain after the latest tax change. With a vigilant taxman knocking on their doors, small merchants may abandon the specialist e-commerce marketplaces. 

For Grab, getting consumer finance act right is key to super-app goals

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Singapore is a great testing ground for fintech because the city-state wants to cut flab in traditional industries by increasing competition.


Guest post: Ant Financial puts $40m in Akulaku

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The $40 million that Ant Financial is putting in Akulaku is expected to value the company at $450 million.


Did Indonesia’s KinerjaPay command a steep valuation in its $200m fundraising?

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DEALSTREETASIA takes a deeper look at the deal fineprint, business metrics and financial ratios of KinerjaPay.


Listing delays, traditional retail format may be driving Temasek to sell Watsons

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A.S. Watson’s focus remains on physical stores in a market where online shopping has grown much more rapidly than in the rest of the world.


How Japanese drugmaker Takeda’s $62b Shire deal reshapes pharma world

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It’s part of a larger shift in the industry as drugmakers scramble to consolidate, seeking to bulk up to survive the increasing pressure from stricter regulations on drug prices and looming patent expirations.


Guest post: What does 2019 have in store for Southeast Asia?

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Here are Momentum Works’ 10 predictions for 2019 ranging from ride-hailing and payments to e-commerce and venture capital.


Huawei plays a game of musical chairs with its top executives

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In most Western companies, the chairmanship is a functional position on a board of directors. At Huawei, it’s an honorific title that recognizes seniority and service.


Indian govt’s crackdown on Amazon, Walmart likely to hurt online shoppers

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The government says the changes will promote fair trade and curb foreign companies’ influence in setting domestic prices. This means that platforms offered by e-commerce giants such as Amazon and Walmart’s Flipkart may be prohibited from offering their own goods at heavy discounts.


Record funding, epic shakeups dominated global tech themes in 2018

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Investments in tech startups are set to surpass $200B this year, the largest since dot-com bubble