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Intudo Ventures closes US$10+ mil Indonesia-focused VC fund
Intudo Ventures I, LP will co-found and invest in joint-ventures bringing breakout companies from Silicon Valley, China and other overseas markets to Indonesia.
More ways for travellers to convert spare foreign change
TravelersBox expands its footprint in Asia with new kiosks now available in Singapore's Changi Airport.
Edwin Yapp: My Fave 5 of 2016
Cloud, telco spectrum, digitisation and artificial intelligence amongst the topics closest to Edwin Yapp’s mind in 2016
Lower prices bring more Singaporean shoppers online
Lower overall costs, free shipping, and safe payment methods continue to bring Singaporeans online. By 2025, it is estimated that Singapore’s ecommerce market will make up 6.7% of all retail sales.
PayPal launches Innovation Lab in Singapore, first outside the US
US payments giant PayPal has launched an innovation lab in Singapore that will collaborate with government agencies, SMEs, startups and academia.
Online shopping: APAC millennials lead the pack
According to a survey commissioned by PayPal, the region’s millennials lead the world, with 79% of them having shopped online in 2015, compared with the global average of 73%.
iPayPal pact: iPay88 partners PayPal to promote cross-border trade for Malaysian businesses
Online payments pioneer iPay88 Sdn Bhd announced it has entered into a collaboration with US payments giant PayPal Inc to promote and facilitate cross-border trade for iPay88 merchants.
In Malaysia, m-commerce to outgrow e-commerce by 3x, says iPay88
iPay88 Sdn Bhd said that based on transactions recorded on its platform, it expects mobile-commerce to grow three times faster than the overall e-commerce market in Malaysia.
Startup slugfest: Business model vs business ‘frame’
Entrepreneurs have that special ability to join the dots, pivot and adjust their offering; and the successful ones develop a strong business frame rather than a business model, write Anwar Jumabhoy & Srikrishna Vadrevu.
E-commerce fuels payment gateway boom, and vice versa
The e-commerce boom in Asia has benefited not just customers but also payment gateway providers, writes Benjamin Cher.
