Mitch Presnick knows the Chinese economy more than most Americans. When he first flew east, in 1988, the country was a decade into seismic fiscal reforms that were, slowly, introducing market principles…
Indonesia’s Tokopedia wins $1.1bn Alibaba-led Round
Tokopedia, one of southeast Asia’s leading e-commerce companies, has received a $1.1 billion funding round led by China’s Alibaba, which will see the latter become a minority stakeholder. The round, which follows…
Didi and SoftBank to Pour $2bn into Taxi Firm Grab
DiDi Chuxing and SoftBank are investing a combined $2 billion in Grab, formerly known as GrabTaxi, Southeast Asia’s premier ride-hailing app. The company, which operates in 65 cities across seven nations, is…
YOYO’s PopSlide to Pounce on Mobile’s Next Billion
by Anam Alpenia Smartphone purchases in the developing world are rocketing. In southeast Asia, where YOYO Holdings, an innovative mobile advertising firm has set up shop, the market is growing 65% year…
Cambodia’s Tech Scene Needs Private Money, But It’s On The Up
Southeast Asia has been racing towards tech in recent years, and several formidable ecosystems have appeared across the region. For Cambodia, one of its smaller nations with a population of just 15…
Gobi Partners’ Kay-Mok Ku on Investing Smart in Southeast Asia
Kay-Mok Ku has over 17 years’ experience investing in startups across Asia. Since 2010 he has been a partner at Gobi Partners, an early-stage fund established in Shanghai in 2002. Singapore-based Ku has…