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Tag: Tokopedia

Southeast Asia’s Grab Mulls Public Filing In US Via SPAC

Southeast Asian delivery startup Grab Holdings Inc. is considering a public filing in the U.S. through a merger with a special purpose acquisition...

AI experts, thought leaders, and early adopters from South-East Asia to gather at World AI Show – Jakarta

JAKARTA, Mar 1, 2021 - (ACN Newswire) - World AI Show is supported by the Ministry of Communication and Information Technology (Kominfo), the Government of Indonesia and...

Grofers reportedly mulling a merger with US-based Cantor Fitzgerald’s SPAC for Nasdaq listing

Currently, the company is present in 38 cities and has partnered with 12,000 offline stores to fulfill customer orders. SoftBank-backed e-grocer Grofers may become...

SPAC attack: Southeast Asian unicorns ditch conventional IPOs

A frenzy of SPAC mergers took place in 2020. In the coming year, blank check companies may give Southeast Asian tech companies a...

Indonesian unicorn Traveloka mulls SPAC merger to go public, following Tokopedia

It’s a different version of a direct listing, but with more potential, says MDI Ventures’ Hartanto. Indonesian travel app Traveloka is evaluating a merger with...

Tokopedia is accelerating IPO plans after SPAC merger rumor

The company has appointed Morgan Stanley and Citi as advisors for the IPO process. Indonesian e-commerce platform Tokopedia has confirmed that it is working...

Thiel-Backed Bridgetown SPAC Weighs Up to $10 Billion Tokopedia Deal

Bridgetown Holdings Ltd., the blank-check company backed by billionaires Richard Li and Peter Thiel, is considering a potential merger with Indonesia’s e-commerce giant PT...

SoftBank expands its investments beyond tech startups; buys $1.2 billion stake in Amazon with additional investments in Netflix, Tesla, others

Just last week, we wrote about SoftBank after the Japanese tech giant posted a $12 billion quarterly profit following historic losses of $13...

Sequoia announces $1.35 billion venture and growth funds for India and Southeast Asia

Sequoia Capital India on Monday announced it has secured $1.35 billion from LPs for two new funds as the storied venture firm looks to...

Insurtech Picking up Steam in Asia

Insurtech is evolving rapidly in Asia with players taking big steps forward and deal counts multiplying as the growing wealth and middle class...

Indonesian Tech Giant Gojek’s Digital Wallet GoPay Introduces Gold Investments via GoInvestasi through Partnership with Fintech Pluang

Indonesian tech giant Gojek’s electronic wallet GoPay has introduced a gold-investment feature, GoInvestasi, through a partnership with investment Fintech firm Pluang. Budi Gandasoebrata, MD...

OVO’s P2P Lending Arm Taralite Secures License from Indonesia Financial Services Authority

OVO , a leading payments and financial services app in Indonesia, announced that its lending arm, Taralite, a peer-to-peer (p2p) lending services provider,...

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