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FOCUS-In Southeast Asian internet battle, Sea's rise sends rivals scrambling - Vimarsana News

FOCUS-In Southeast Asian internet battle, Sea's rise sends rivals scrambling

(Repeats story from March 23; no changes to text) SINGAPORE, March 23 (Reuters) - In front of an open-air Jakarta restaurant, delivery drivers clad in the orange colours of Southeast Asia tech group Sea Ltd wait for orders next to the green-jacketed riders of market leaders Gojek and Grab, in what has become the latest battleground for tech supremacy in Southeast Asia. The humble noodles eatery signed up for Sea’s nascent ShopeeFood service a month ago, but “immediately, there were orders everyday,” said manager M.A Rasyid. Riding on the success of a cash-generating gaming business, U.S...

Indonesia: Bank Jago to extend loans to merchants without collateral but with digital proof showing viable business - Vimarsana News

Indonesia: Bank Jago to extend loans to merchants without collateral but with digital proof showing viable business

Indonesia's first full digital bank contender Bank Jago, which is set to sell an equity stake to Singapore sovereign wealth fund GIC, will soon launch its app, paving the way for it to start extending loans to eligible online merchants.

GIC reportedly buying 9% of Indonesia's Bank Jago to tap Digital Banking Business -Asian Wealth Management and Asian Private Banking - Vimarsana News

GIC reportedly buying 9% of Indonesia's Bank Jago to tap Digital Banking Business -Asian Wealth Management and Asian Private Banking

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Source: hubbis.com
GIC to buy 9% of Indonesia's Bank Jago to tap digital banking business - Vimarsana News

GIC to buy 9% of Indonesia's Bank Jago to tap digital banking business

The publicly listed Indonesian lender is set to become the first fully digital bank in SEA's largest economy.. Read more at straitstimes.com.

Singapore's edtech startup Cialfo extends Series A round to $15m - Vimarsana News

Singapore's edtech startup Cialfo extends Series A round to $15m

streetAsia's premium subscription service Unlock your competitive advantage in a rapidly evolving landscape. Our packages come with exclusive access to archive content, data, discount on summit tickets & more. Be a part of our growing community now. SUBSCRIBE NOW Singapore Reporter/s In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of f...