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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 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...
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...
GrabPay is not making full use of its advantages
So GrabPay appointed a new CTO, Vikas Agrawal, who was previously with Paytm. Agrawal is to be based in Bangalore, more than 3000 kilometres...
Stop striving to be productive, think more and embrace change
Many leaders know that they are on a different lane, but still want to put themselves in their employees’ shoes. Somehow, the notion of teamwork...
Mobile payment in Southeast Asia – overview and trends – Part 2/3
Plausible and implausible use cases for payment adoption in Southeast Asia
In Part 1, we discussed why we couldn’t exactly replicate Alipay and Wechat in...
Clash of the titans in Thailand’s ecommerce scene
Last year, Thailand witnessed the entry and subsequent overhype of 11street – a company owned and invested by South Korean telecommunications giant SK Telecom....
WeWork’s entry into Southeast Asia
Many of our friends are questioning the real value of WeWork, believing that the US$20 billion valuation is obviously over-hyped. Someone calls it “the...