Startups

Startups

Startups is a section of Tech and Education on investvine.com
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...
Thai billionaire buys e-commerce portal Tarad, heating up competition

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Thai beverage, property, industrial, agriculture and retail conglomerate TCC Group said it is acquiring a majority stake in Tarad.com, a leading domestic e-marketplace operator...
Alibaba’s to reveal investment roadmap for Thailand

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Jack Ma, founder and CEO of China's e-commerce giant Alibaba Group will visit Thailand in April to announce the company’s investment plan in connection...
Uber retreats from Southeast Asian market, sells to Grab

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Uber on March 26 sold its entire Southeast Asian business to rival Grab, ending a bruising battle between the ride-hailing behemoths and marking the...
TMI next Malaysian news portal shutting down

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Malaysia's news web portal The Malaysian Insight (TMI) will close down "temporarily" next week because of financial difficulties, its editor-in-chief said. The decision came...
Singapore beats London, New York, San Francisco as best smart city

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Singapore tops the list of the world's best performing smart cities ahead of London, New York, San Francisco and Chicago in a new study...
Indonesia’s ride-hailing app Go-Jek considers stock listing

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Indonesian start-up Go-Jek is considering an initial public offering (IPO) in Indonesia and possibly at another exchange in the region, the company's president Andre...
Vietnam’s start-up scene thrives, funding almost doubles

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Vietnamese start-ups received $291 million in funding last year, an increase of 42 per cent over 2016, according to a recent report by Topica...
Cambodia’s airspace getting crowded: Three new airlines to take off this year

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Cambodia’s aviation sector is growing rapidly, resulting in a fast expansion of the number of airlines in the country. Currently, there are no less...
Thailand’s first cryptocurrency offering underway

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Thailand's first initial coin offering (ICO) of a cryptocurrency issued by a listed company was launched on February 14 despite unclear regulations with regards...
Jakarta startup digitises street vendors with WiFi, smart tech

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An initiative by private investors in Indonesia aims at beefing up the kiosks of street vendors in Jakarta with smart technology and WiFi connections...
Thailand bans banks from dealing with Bitcoin & Co.

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The Bank of Thailand on February 12 sent a circular to banks and financial institutions and warned them not to get involved in cryptocurrency...
Google invests in Indonesia’s ride-hailing platform Go-Jek

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Google is the next big-time investor in Indonesian ride-hailing firm Go-Jek, a move that is part of Google's ambition to grow Indonesia's digital economy...
Cambodia turns into Bitcoin hub of Southeast Asia

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Skeptically observed by the country’s central bank, Cambodia is increasingly becoming a regional center for Bitcoin and other cryptocurrencies both in terms of trading...