Bizzy acquires Alpha; Shopee partners Pos Indonesia

Indonesian B2B e-commerce startup Bizzy recently announced the acquisition of startup Alpha for an undisclosed sum. Meanwhile online shopping platform Shopee is partnering Pos Indonesia to provide free delivery for Shopee’s customers.

Bizzy acquiring Alpha

Bizzy announced recently that it has acquired online marketplace Alpha, a startup that distributes raw materials and spare parts. It has also appointed Alpha CEO and founder Andrew Mawikere as its new CEO.

Mawikere had been a co-founder and former CEO of Mbiz, conglomerate Lippo Group-backed and Bizzy’s competitor. He has also worked for Astra International, Temasek and JP Morgan.

Meanwhile, Bizzy former CEO Peter Goldsworthy will become its new president. Bizzy raised $2.5 million from a funding round led by Ardent Capital back in 2015.

Shopee partners Pos Indonesia

Garena’s Shopee and Pos Indonesia have agreed to collaborate providing free shipping for Shopee sellers, the company announced today.

“We want to play our part in supporting digital startups,” said Gilarsi Setijono, president director of Pos Indonesia.

The program is expected to attract more users and boost sellers’ income – who are mostly small and medium enterprises from across the country.

Shopee claims to have 200,000 daily transactions, 90 per cent of which comes from mobile phones.

Last year, Shopee partnered with Pos Malaysia to give all sellers on the platform free shipping for several months.

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.