The Low Down - Momentum Works

We provide the low down on all the happenings in Tech & VC.

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Southeast Asia

Rise of niche ecommerce in SEA, probably to be captured by Facebook

How Facebook is quietly positioning themselves to capture some of the ecommerce marketplace in Southeast Asia.

Momentum Works’ predictions for Southeast Asia 2018 – abridged

We’re often tasked by our clients (and joint venture partners) to try and predict the future. Thankfully, due to our experience, and from keeping our ears to the ground, we’re happy to say that we’re right a lot of the… Continue Reading →

Momentum Works’ predictions for Southeast Asia 2018 – full version

We’re often tasked by our clients (and joint venture partners) to try and predict the future. Thankfully, due to our experience, and from keeping our ears to the ground, we’re happy to say that we’re right a lot of the… Continue Reading →

Uber is right to shrug off the ‘taxi company’ ruling

We always believed that with the present business model, Uber is essentially a big taxi business with a better customer experience rather than anything else. And we are happy that the European Court of Justice (ECJ) agreed with us, through… Continue Reading →

[MW Special Report] Payment Overview in Vietnam

The mobile payment market in Vietnam is in what we call a Wild West phase, and there is still the opportunity for any given player to become the dominant one. However, there are plenty of challenges. Cash is still king… Continue Reading →

[MW Special Report] Payment Overview in Indonesia

As Southeast Asia’s largest economy by GDP (US$932 billion [1]) and the most populated market (264 million [2]), Indonesia has been attracting technology companies to start or expand their business in the country. While cash is the dominant payment method,… Continue Reading →

[MW Special Report] Vietnamese consumer finance market

The Vietnamese consumer finance market presents tremendous growth opportunities. Market potential Vietnam has a population of 92.7 million with income per capita of $2185.7 in 2016. In 2016, according to World Bank’s statistics, the country’s working age population (those aged… Continue Reading →

Are Self-Service Terminals The Way to go for Restaurants?

Self-service ordering and payment kiosks, initially deployed by McDonalds and Golden Village Cinemas, are now widely available among fast food franchises in Singapore. In fact, they have mushroomed across the food & beverage (F&B) sector, especially among the chain establishments…. Continue Reading →

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 bullied” On Friday, He Jian, Founder & CEO of Ezbuy, posted (on WeChat) an open letter… Continue Reading →

Our interpretations of Comfort Uber tie-up

A rumour that had been circulating for a few weeks was proved to be true. Comfort DelGro, Singapore’s biggest taxi company, has finally confirmed in an announcement (http://www.comfortdelgro.com.sg/uploads/pr/Media%20Release-ComfortDelGro%20&%20Uber%20Join%20Forces_FINAL%20(circulation).pdf) that it is acquiring 51% of Lion City Car Rental (LCR), a… Continue Reading →

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