From Online payment to eCommerce



Perdoo adds free tier to its OKR service, adding a fresh wrinkle to an accelerating market


Perdoo, a Berlin-based OKR-focused software startup, has decided to make its basic service free, potentially shaking up its growing, and somewhat crowded, market. “Objectives and Key Results,” a planning and management technique usually shortened to “OKRs,” is a hot space for software startups, with several raising in recent months. WorkBoard and Gtmhub, for example, each […]

‘Poor internet, high logistics costs hinder Philippines’s e-commerce growth’: Steve Sy of Great Deals


With an ambition to become the Alibaba of the Philippines, e-commerce enabler Great Deals announced early this week a US$12 million financing round from Navegar, the largest private equity investor in the country. It is rare for a company in the Philippines to raise such a massive sum in the very first round of funding, […]

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Kenyan logistics startup Sendy raises $20M round backed by Toyota


Africa’s logistics startup space has gained another multi-million dollar round with global backing. Kenyan company Sendy — with an on-demand platform that connects clients to drivers and vehicles for goods delivery — has raised a $20 million Series B led by Atlantica Ventures. Toyota Tsusho Corporation, a trade and investment arm of Japanese automotive company […]

Bringing innovation to the table: Why foodtech is the next frontier in Southeast Asia


It’s no secret: Asians love food, and so when we think about opening our first business, many of us gravitate to it. We may dream of opening our own restaurant, eatery, or cafeteria … depending on our capital. But there is so much more to food than just cooking and serving meals. The last decade […]

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Garena acquires Phoenix Labs, the company behind popular mobile game Dauntless


Sea Limited, a global consumer internet company, today announced that its digital entertainment arm Garena has acquired Phoenix Labs, an independent game development company and the studio behind the cross-platform co-op action role-playing game, Dauntless. The transaction is already complete. Post-acquisition, the existing management team at Phoenix Labs will continue to run the studio. In addition to […]

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Is “technification” the secret sauce for unicorns in Southeast Asia?


There has never been a better time than now to be a tech investor in Southeast Asia. The region’s tech companies saw investments worth US$5.99 billion in just the first half of 2019, with early-stage investments rising sharply. Tech companies, many of them just a few years old, are transforming traditional industries today. Take Tokopedia […]

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