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36Kr (EN)

Sea Group

A peek into the booming tech ecosystem of Southeast Asia.

SEA Tech

Shopee

E-commerce is the activity of buying or selling of products on online services or over the Internet. 

E-Commerce

Indonesia

Indonesia's government keeps nudging its state-owned enterprises to digitalize their operations by tapping the local tech startups. The two sides have started to cooperate on projects and new products, while the corporate venture capital arms of the SOEs—BRI Ventures, Mandiri Capital, and Telkom Group's MDI Ventures—are funneling money into the tech firms.

In Indonesia, more tech startups and SOEs are teaming up, but does everybody win? | KrASIA

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In Indonesia, more tech startups and SOEs are teaming up, but does everybody win?

Spotlighting Asia&#039;s next wave of innovations.

KrASIA

https://secure.gravatar.com/avatar/8b367dd53cb9fcc8c7867a9e1bddfadd?s=96&d=mm&r=g

Ursula Florene

Food Delivery

An on-demand service platform connects waiting-time-sensitive customers with independent service providers.

On-Demand Services

Food delivery continues to experience significant growth in Indonesia. Esensi Solusi Buana (ESB) has created a cloud-based mobile ordering system that syncs up with a restaurant's point of service and kitchen management. It allows food outlets to launch their own online delivery service, and so save the commission they would pay to Grab or Gojek.

Indonesian SaaS platform ESB helps restaurants deliver food | KrASIA

Indonesian SaaS platform ESB helps restaurants deliver food

GrabTaxi Holdings Pte. Ltd. is a transportation network company based in Singapore. In addition to transportation, the company offers food delivery services via mobile app. It operates in the Southeast Asian countries of Singapore, Malaysia, Indonesia, Philippines, Vietnam, Thailand, Myanmar, and Cambodia. 

Grab

Singapore

Southeast Asian ride-hailing and multi-service app Grab is in merger talks with a special purpose acquisition company (SPAC) led by Silicon Valley-based investment firm Altimeter Capital Management, The Wall Street Journal reported on Friday. A possible deal could be valued between USD 35 billion and USD 40 billion, which would be the largest SPAC merger on record.

Grab is eyeing US IPO via Altimeter SPAC, report says | KrASIA

Grab is eyeing US IPO via Altimeter SPAC, report says

Fintech is the new applications, processes, products, or business models in the financial services industry, composed of one or more complementary financial services and provided as an end-to-end process via the internet.

Fintech

Investment

Aside from making investment easier for young Indonesians, the firm aims to increase the country's financial literacy.

Ajaib wants to be an investment platform and teacher for Indonesian millennials | Startup Stories | KrASIA

Ajaib wants to be an investment platform and teacher for Indonesian millennials | Startup Stories

Ride-hailing encompasses a range of companies and services, including traditional taxis and car services. 

Ride-hailing

Ryde said on Monday that it is preparing an IPO on the Catalist board of the Singapore Exchange for next year, aiming for a SGD 200 million (USD 148.9 million) valuation.

Singaporean ride-hailing app Ryde plans local IPO in 2022 | KrASIA

Singaporean ride-hailing app Ryde plans local IPO in 2022

Health Tech

The drive-through vaccination center at the Jakarta International Expo in Kemayoran, North Jakarta, comprises of four posts. Assistants are verifying IDs and registration status at the entry, and once cleared, visitors will move to the second post to undergo a health check, including blood pressure, oxygen saturation level, and history of comorbidity. Patients without problems are being ushered to the third stop where they finally will be injected with the Sinovac vaccine.

Indonesia reels in its unicorns to accelerate vaccination program | KrASIA

Indonesia reels in its unicorns to accelerate vaccination program

Lending

An e-commerce payment system facilitates the acceptance of electronic payment for online transactions. Read stories of Payment service providers, platforms or the trending of the Payment industry.

Payments

Indonesian fintech platform Payfazz announced on Thursday that it invested USD 30 million in Xfers, a Singapore-based payments infrastructure company. As part of the deal, both firms also formed a new entity named Fazz Financial Group (FFG).

Payfazz and Xfers form Fazz Financial Group to take on Gojek and Grab | KrASIA

Payfazz and Xfers form Fazz Financial Group to take on Gojek and Grab

Some startups in Indonesia are referencing a roster of offenders to screen prospective employees.