By Ishita Russell
Localisation is critical for the growth of consumer-oriented sectors in Indonesia, where each city presents a different set of opportunities and challenges, according to panelists at DEALSTREETASIA’s PE-VC Summit 2019 in Jakarta.
While emerging market funds today are still overwhelmingly domiciled in “island tax havens”, recent developments in global regulation and investor preferences could change this soon.
Being the largest economy in Southeast Asia, Indonesia is poised for more exciting investment opportunities.
Litigation has tied down some big restructuring deals and bankers are starting to sell bad debts at fire sale prices rather than wait for the system to work better.
Go-Jek has stopped pricing promotions in Singapore abruptly. It has either reached its goals of market size, or it has tested it and realized that promotions are not working.
A bankruptcy law that appears creditor-friendly on paper but can only be used against small entrepreneurs would take the country back to where it was in 2001.
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.
Singapore is a great testing ground for fintech because the city-state wants to cut flab in traditional industries by increasing competition.
The $40 million that Ant Financial is putting in Akulaku is expected to value the company at $450 million.
DEALSTREETASIA takes a deeper look at the deal fineprint, business metrics and financial ratios of KinerjaPay.