Rocket Internet
Lippo Group-supported Venturra launches US$150mil SEA tech fund
Jakarta-headquartered Venturra Capital, an independent venture capital fund sponsored by the Lippo Group – one of Indonesia’s largest real estate developers – has launched its US$150-million Venturra Capital Fund I.
Foodpanda out to ‘save’ Singapore’s F&B industry
Only six in 10 F&B businesses in Singapore, and foodpanda is giving F&B outlets a fighting chance by offering delivery with little to no upfront costs, claims its regional head Emma Heap.
‘Flash Sale’ andalan Lazada Indonesia
Rata-rata produk dalam program jual cepat habis terjual dalam 10 menit
Kesiapan infrastruktur penting saat animo akan flash sale melesat
Big plans for KL-based GlassesGroupGlobal after Series A
After securing US$3 million in Series A funding recently, KL-based online eyewear retailer GlassesGroupGlobal is now eyeing other markets in South-East Asia and Europe, and aims to disrupt a global US$100bil industry.
Lazada appoints Michael Karb from PropertyGuru as its CFO
South-East Asian e-shopping network Lazada Group said it has appointed Michael Karb as its new chief financial officer (CFO) effective immediately.
Capital Match looks to play matchmaker for SMEs seeking loans
P2P lending platform Capital Match, founded by ex-Rocket Internet executive Pawal Kuznicki and former investment banker Kevin Lim, is looking to play matchmaker to Singapore SMEs and individual investors.
Easy Taxi in further retreat from Asia? (Updated)
Thailand-based freelance journalist Susan Cunningham looks into the latest tribulations faced by Rocket Internet-fuelled and once high-flying Easy Taxi.
FoodPanda raises another US$100mil, total US$310mil since launch
FoodPanda has announced a new funding round of US$100 million, led by Goldman Sachs. Existing investors, among them Rocket Internet SE, also participated in the round.
Monetisation currently takes a backseat for Tripda
The existence of many ride-sharing and carpooling companies did not prevent new kid on the block Tripda from setting up a presence in Malaysia as well as other markets around the world.
Services startups: A trend that is sweeping up?
There has been an explosion in the number of services marketplace startups offering users everything from house cleaners and laundry services to handymen, all accessible via a few taps on a mobile application. Gabey Goh looks at two, in Malaysia and Singapore.