gojek acquires Moka, a fintech startup providing payment solutions for SMEs
Kr-Asia reported today that ride-hailing giant gojek has acquired Moka, an Indonesian fintech startup that provides payment solutions for SMEs.
This acquisition will combine gojek’s digital wallet GoPay’s 420,000 merchants to Moka’s client base of 40,000 retailers together, giving the two companies access to a broader network.
Although the company has not officially announced it, the commissioner of Indonesian Business Competition Supervisory Commission, Guntur Saragih, has confirmed the news to KrASIA.
The two companies have launched a collaborative project in support of local businesses affected by the COVID-19 pandemic’s impact.
Clarilis appoints Grace Loh Head as head of Business Development in Southeast Asia
Legal tech company Clarilis today announced the appointment of Grace Loh, former COO of RHTLaw Asia, as head of Business Development of Clarilis in Southeast Asia.
Loh brings in experience from her previous company where she was involved in product development, business growth, and strategic partnerships.
Also Read: Morning News Roundup: Bukalapak CTO left; Vietnam-US sign US$42M deal to boost competitiveness
“Loh’s appointment comes at an interesting time for Singapore and SEA with COVID-19, but we are confident that the region will overcome this setback and demand for technology solutions that add value to the organisations will continue. Her hire reflects our strong belief and commitment to Singapore and the SEA region,” said Malik Anwar, Director of Clarilis SEA.
Clarilis provides drafting automation solutions to legal services that aim to make the drafting process simpler, secure, and more efficient.
Shopee pledges US$1M in support packages for sellers amid COVID-19
Shopee, an e-commerce platform in Southeast Asia and Taiwan, has promised US$1 million worth of support packages for local and small and medium enterprises (SMEs) struggling to cope with the impact of COVID-19 on their businesses.
According to the company statement, the support package will benefit sellers in advertising, cashback, free shipping, and training.
“Being a homegrown company ourselves, Shopee has always been dedicated to nurturing and empowering local entrepreneurs and SMEs. This initiative fortifies our commitment to doing our part to help businesses tide through this unprecedented situation. As the current economic climate continues to change, we look forward to working closely with the community as we remain united in overcoming these challenges.,” Zhou Junjie, Chief Commercial Officer at Shopee, said.
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Image Credit: gojek
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