Rest of Asia
At a time when the startup is ramping up its Japan operations, its profit model has become a big debate.
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Jamie Dimon says companies heading toward initial public offerings should first study WeWork’s startling fall from grace.
The two new WeWork locations will be in Ho Chi Minh City.
Gross bookings, food delivery and monthly active users were all below analysts’ estimates for the third quarter.
Its plans to foray into the Philippines and Malaysia are still on the table, said co-CEO Andre Soelistyo.
The seven-year-old startup joins other prominent local unicorns such as ride-hailing firm Gojek and e-commerce firm Tokopedia in considering dual list
There is a “prima facie case for investigation” against MakeMyTrip and Oyo for alleged violations of rules barring uncompetitive agreements betwee
Of a global tally of 494 unicorns, 206 are Chinese and 203 are American.
The round was led by Hillhouse Capital and joined by Shunwei Capital and GGV Capital.
Andre Soelistyo said Indonesia will be the primary destination for the startup to list its shares.
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