Startups

Startups

Startups is a section of Tech and Education on investvine.com
Vietnam’s top IT companies reach over $16 billion in revenue

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The turnover of Vietnam’s top 50 IT companies topped $16 billion last year and employment reached roughly 93,000 people, according to the Vietnam Software...
Grab to stoke up ride-hailing competition in Indonesia with $250m investment

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Singapore ride-hailing company Grab, which claims it holds 65 per cent of Indonesia's ride-hailing market, will invest $250 million through its newly launched unit...
Dr. M talks tech with Alibaba’s Ma

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Malaysian Prime Minister Mahathir Mohamad, also known as Dr. M, met with the founder of China’s largest e-commerce enterprise Alibaba Group, Jack Ma, at...
Indonesia’s Go-Jek launches first service abroad in Vietnam

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Indonesia's fast-growing ride-hailing service Go-Jek launched its first International operations in Vietnam, with the brand Go-Viet now available on Google Play Store and Apple...
Go-Jek reveals new brands for Thailand and Vietnam

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Indonesian ride-hailing app Go-Jek revealed the names and branding for the separate units it is establishing in Thailand and Vietnam, two countries which are...
RedDoorz to open more than 100 budget hotels in the Philippines

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Singapore-based startup RedDoorz, an online booking platform for budget hotels, on June 20 announced it would expand to the Philippines, its third country in...
Vietnam seeks ban on import of crypto mining tools

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Vietnam’s finance ministry has called for an outright ban on the import of the mining rigs used to create cryptocurrencies such as Bitcoin. The...
Singapore sees inflation in ride-hailing apps

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The launch of two new ride-hailing apps brings the current number of such companies in the small city state of Singapore to five. The...
Grab to launch e-cash and Big Data-based micro lending in Thailand

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Ride hailing company Grab in its drive to expand in the financial services sector is planning to launch e-cash and micro lending in Thailand,...
Go-Jek confirms expansion to Thailand, Philippines, Vietnam, Singapore

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Indonesia's homegrown ride-hailing app Go-Jek on May 24 confirmed earlier reports that it will launch its services in four other Southeast Asian countries as...
Vietnam’s fintech market to reach $7.8 billion in value by 2020

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As financial technology startups, or fintechs, keep disrupting Vietnam’s financial services industry, their market value is expected to reach $7.8 billion in just two...
Bangkok motorbike taxi drivers protest ride hailing startups

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Hundreds of motorbike drivers staged a street protest on May 17 in downtown Bangkok in front of the office of GoBike, a Thai motorbike...
Three Vietnamese cities added to proposed ASEAN smart cities network

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Hanoi, Ho Chi Minh City and Da Nang in Vietnam will be part of the network of smart cities in the Association of Southeast...
Grab and Go-Jek feel the heat from disgruntled motorbike drivers

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Hundreds of Indonesian motorcycle taxi drivers working for ride-hailing start-ups Grab and Go-Jek on April 23 called for an end to low online fares...
Go-Jek readies to enter Philippines, Thailand, Vietnam and Singapore

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Indonesia’s highly popular ride-hailing service Go-Jek is close to its a number of announcements that it will expand within Southeast Asia and enter the...
Singapore Airbnb hosts get hefty fines for illegal letting in first case in the city state

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In the country’s first such case, two Singaporean Airbnb hosts were fined 60,000 Singapore dollars ($45,800) each for violating the country's rules on short-term...
After Singapore, Malaysia and Philippines put Grab on competition watchlist

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Just days after the Competition Commission of Singapore suspected that Southeast Asia’s leading ride-hailing app Grab has infringed the country’s Competition Act by purchasing...
Thailand wields the tax axe over crypto investors

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Thailand is planning to tax investors in digital currencies such as Bitcoin at a heavy rate in one of its latest attempts to regulate...