A US$30b company is challenging Didi in China
Didi is valued at US$56 billion with daily order of 25 million; while Meituan is valued at US$30 billion with daily order of 22 million.
Momentum Works’ predictions beyond Southeast Asia
You would have read our predictions for Southeast Asia last week. Now, we have our predictions for what we think is going to happen further afield...
Why Baidu fell behind Alibaba & Tencent (and what can be...
Those who are familiar with China’s internet scene would have heard the term “BAT” - which is the acronym for “Baidu, Alibaba & Tencent”,...
Angry CEO & his Ezbuy
“We can’t decide whether the big players are bullying us, but we can do our best to improve ourselves in order not to be...
Why Jack Ma is missing from the dinner of Chinese internet...
There is a photo circulating on the internet about some of the most prominent names of Chinese mobile internet industry gathering at the same...
What we discussed during “Chinese gold rush in Indonesia”
Thanks to all of you, investors, entrepreneurs and corporate decision makers, who showed up at our sharing session “Chinese gold rush in Indonesia” last...
Banks enabled, not stifled, the rise of Alipay – Part 2
In part one of this article, we wrote about the background of mobile payment platforms in China. In this second part, we talk about...
Why no English media reported THAT Blue incident
A few days ago, we published a blog post on how Bluegogo, the bike sharing company once valued at US$150m, went into free fall...
Banks enabled, not stifled, the rise of Alipay – Part 1
The state-owned banking network in China has long been criticised for blocking innovation; however, without their support, third-party payment platforms such as Alipay would...
Chinese Loan Apps in Indonesia
If you read our earlier articles about the Indonesian payday loan market (Part 1 and Part 2 are linked here for your convenience) you...