1st hand observations of Chinese businesses in Indonesia
The following is a sharing by Jianlong Hu, founder of the Passage Group and a Chinese media veteran. For the last 6 years, Hu...
Should Meituan acquire Foodpanda?
Last week, Bloomberg reported that Meituan is in talks to acquire Foodpanda from Germany-based DeliveryHero.
This news came after German media reports that DeliveryHero and...
Indonesia’s Tomoro Coffee opens its 1st store in … China
Tomoro Coffee, a tech-enabled, venture funded coffee chain that started in Jakarta, Indonesia last year, has expanded into China by opening its first store...
Introducing the Frappuccino index, a fresh lens on global purchasing power...
We have recently launched our “Coffee in Southeast Asia” report, which looked into business dynamics behind the modernizing retail of many Southeast East Asian...
[New report] Southeast Asia spends US$3.4 billion on modern coffee in...
Southeast Asia currently spends US$3.4 billion annually on modern coffee, according to a new study conducted by Momentum Works. The results of the study...
Our thoughts on Sea’s 2023 Q3 earnings
Sea shares dropped 22% after Q3 earnings, here are our thoughts.
Last night (14 November), Shopee’s parent company Sea Group released their 2023 Q3 results....
Our thoughts on Grab’s 2023 Q3 results
Last week, Grab released its financial report for the third quarter of 2023. At the adjusted EBITDA level, Grab achieved its breakeven target as...
Our revised TikTok Shop market share in SEA after Indonesia’s ban
Last week, we held an online event titled “Off the record: Indonesia after TikTok Shop ban” where we discussed a few key topics such...
Could Trans-cab merger and rumoured foodpanda buyout spell trouble for Grab...
This commentary was originally published on CNA.
Whether you’re a Grab user or not, a series of developments related to the company has become the...
